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1295 IL-16
Shelbyville, IL 62565
Spillway Motel Shelbyville · Hospitality Property For Sale · 8,384 SF
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 1 |
| Property Subtype | Hotel | Year Built/Renovated | 1975/2019 |
| Building Class | C | Parking Ratio | 30/1,000 SF |
| Lot Size | 5.78 AC | Corridor | Exterior |
| Building Size | 8,384 SF |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 5.78 AC |
| Building Size | 8,384 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1975/2019 |
| Parking Ratio | 30/1,000 SF |
| Corridor | Exterior |
Amenities
- High Speed Internet Access
- Patio
- Public Access Wifi
About 1295 IL-16 , Shelbyville, IL 62565
Excited to share our new motel listing, located in Shelbyville, IL, near the Kaskaskia River. Against a scenic backdrop of densely, green trees and in proximity to multiple fishing spots, this investment opportunity should not be missed. A single-story motel, with 21 spacious rooms and ample parking has and continues to attract visitors from around the midwest. The 2022 revenue was $181, 000 and the potential for growth (not operated by the owner) and expansion adds to the immense value of this listing. Owner financing is available for a 30% down!!! Don’t wait on this one, schedule a showing today! Atif and Hiren Panchal are licensed brokers. Please call Atif at 217-419-0195 or Hiren at 217-693-8758
PROPERTY TAXES
| Parcel Number | 2013-17-00-100-035 | Improvements Assessment | $100,617 |
| Land Assessment | $39,059 | Total Assessment | $139,676 |
PROPERTY TAXES
zoning
| Zoning Code | BG |
| BG |
Learn More About Investing in Hospitality Properties
