This Hospitality Property is no longer advertised on LoopNet.com.

4191 W US Highway 36
Decatur, IL 62522

Decatur Conference Center & Hotel · Hospitality Property For Sale · 321,000 SF

INVESTMENT HIGHLIGHTS

  • Built in 1972 as a Holiday Inn, Renovated in 2017
  • Over $2.7M in Total Revenue; almost $2.15M Room Revenue; NOI almost $360K (T12 Aug 2023)
  • Situated on +/- 29 Acres
  • 4 Story & 2 Story Construction; 370 Guest Rooms (185 currently in service)
  • Over 55,000 Square Feet of Meeting/Event Space
  • Multifamily or other alternate use conversion possibilities!

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 26.06 AC
Building Size 321,000 SF
No. Stories 4
Year Built/Renovated 1972/2017
Corridor Interior

AMENITIES

  • Business Center
  • Fitness Center
  • Pool
  • Restaurant
  • Room Service
  • Spa
  • High Speed Internet Access
  • Meeting Event Space
  • Public Access Wifi
  • Hot Tub

PROPERTY TAXES

ZONING

Zoning Code C-1 (Commercial)
  • Listing ID: 27120606

  • Date on Market: 11/15/2022

  • Last Updated:

  • Address: 4191 W US Highway 36, Decatur, IL 62522