1420 Spresser St Taylorville, IL 62568

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.