5100 Hickory Point Frontage RdDecatur, IL 62526

Property Details for 5100 Hickory Point Frontage Rd

Lot size

3.44 AC

Zone code

MUNICIPAL

Property type

Other commercial real estate

APN

07-07-23-301-023

APU

70723301023

Description

This fee-simple 95-key Baymont Inn & Suites presents a compelling investment opportunity in Decatur, Illinois. Located at 5100 Hickory Point Frontage Rd, 62526, this two-story hotel enjoys a prime location in the business district, offering convenient access to major highways, shopping centers, and public transportation. Built in 1987 and extensively renovated between 2023 and 2024, the property boasts a new roof, ceilings, electrical work, and fresh paint throughout. The hotel benefits from a strong, repeated clientele base, ensuring consistent cash flow and high occupancy rates. A 24-hour restaurant is located nearby, providing additional convenience for guests. The property is zoned for business use and offers a wide variety of marketing options to attract guests. The surrounding area features significant employment opportunities, contributing to a robust workforce and consistent demand for lodging. The asking price is $2,351,100. This turnkey operation is ready for a new owner to capitalize on its established success and prime location.

• Alternative Use

  Use

  Valuation

  Residential

  $45,887,652

  Hospitality

  $42,032,844

  Educational

  $34,970,832

  Medical

  $36,173,532

  Retail

  $54,399,072

Location Insight

City

Decatur

County

Macon

State

Illinois

Latitude

39.9097

Longitude

-88.9513

CBSA code

19500

CBSA name

DECATUR, IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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