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Property summary
This exceptional 21-unit motel presents a compelling value-add investment opportunity in the heart of Taylorville, Illinois. Located at 1420 W Spresser St, zip code 62568, Christian County, this single-story property boasts a substantial 8,531 square feet of space situated on approximately 1.59 acres of land. Built in 1980, the motel features an exterior corridor design with spacious 14' x 16' rooms, offering significant potential for rental revenue growth. A key advantage is the inclusion… of a sizable management suite apartment, complete with two bedrooms and one bathroom, attached directly to the main motel building. The property benefits from a brand new roof installed in 2019, ensuring long-term structural integrity. Constructed with durable brick and a concrete slab foundation, this motel offers a solid foundation for future success. Furthermore, this property is eligible for certain franchise flags, presenting additional avenues for enhancing profitability and brand recognition. The asking price is $200,000, translating to a price per square foot of $23.44. This represents a rare chance to acquire a well-located, established motel with considerable upside potential in a thriving Illinois market.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with a plan.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.
Property tax · 2023
Value estimate
· Oct 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 6 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- Lot area
- 1.58 ac
- APN
- 17-13-28-201-008-00
- Zoning
- C-2
- Assessed value · 2023
- $48,028
- Annual tax · 2023
- $3,943
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
B. C-2 District: The purpose of the C-2 service retail district is to provide for those retail businesses and services which require a location other than the central business district or the neighborhood business distri…
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with a plan - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
The mortgage data comes with a plan: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- 10 Targeted Leads
- 1 Full Property Report
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
-
Zoning Insight— not in this plan -
Location Analytics— not in this plan
- 300 Targeted Leads a month
- 30 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
-
Location Analytics— not in this plan
- 1,500 Targeted Leads a month
- 150 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
- Location Analytics
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