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4191 W US Highway 36
Decatur, IL 62522
Decatur Conference Center & Hotel · Hospitality Property For Sale · 321,000 SF
PROPERTY FACTS
Property Type | Hospitality | Building Size | 321,000 SF |
Property Subtype | Hotel | No. Stories | 4 |
Building Class | B | Year Built | 1972 |
Lot Size | 26.06 AC | Corridor | Interior |
Property Type | Hospitality |
Property Subtype | Hotel |
Building Class | B |
Lot Size | 26.06 AC |
Building Size | 321,000 SF |
No. Stories | 4 |
Year Built | 1972 |
Corridor | Interior |
Amenities
- Business Center
- Fitness Center
- Pool
- Restaurant
- Room Service
- Spa
- High Speed Internet Access
- Meeting Event Space
- Public Access Wifi
- Hot Tub
About 4191 W US Highway 36 , Decatur, IL 62522
Property Overview: The Decatur Hotel & Conference Center is a 370-room, four-story, hotel and conference center built in 1972. Well-equipped with numerous common area and guest room amenities, this hotel offers spacious guest rooms that come furnished with room service, a plush top mattress, stylish bathroom with granite countertops, an over-sized desk, a microwave, refrigerator, and flat-screen television with premium channels. Additionally, some common area amenities the hotel has to offer consist of two restaurants, the Fireside Grill and the Sports Zone Bar and Grill, an indoor pool and Jacuzzi, fitness center, business center, sand volleyball, basketball, horseshoes, disc golf, and over 55,000 square feet of conference and event space between two areas. Location Overview: Decatur, Illinois is a city located in Macon County in the central region of the state, 50 miles east of Springfield and 50 miles west of Campaign. The Decatur Conference Center & Hotel is superbly positioned on Highway 36. With the city’s major employers and popular revenue generators in close proximity to the property, this sought-after hotel benefits from many key industries of the city which include healthcare & social assistance, manufacturing, and retail trade. Mueller Group LLC and Decatur Memorial Hospital, two of the city’s largest employers located approximately 3.8 and 5.6 miles from the hotel respectively, are prime revenue drivers for the surrounding area. Other major employers that are responsible for a significant portion of the workforce include ADM Growmark River Systems Research Center (7.7 miles) and Archer Daniels Midland Company (7.9 miles). Revenue generators in the area, like Scovill Zoo (7.9 miles) and the Decatur Airport (8.8 miles) help bring additional revenue to the hotel through an increase in transient business. Extra demand drivers for the city include Fairview Shopping Center (3.7 miles) and the Macon County Fair & Event Facilities (5.2 miles).
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PROPERTY TAXES
Parcel Number | 04-12-18-105-001 | Improvements Assessment | $678,503 |
Land Assessment | $151,385 | Total Assessment | $829,888 |
PROPERTY TAXES
zoning
Zoning Code | C-1 (Commercial) |
C-1 (Commercial) |
Learn More About Investing in Hospitality Properties
Listing ID: 16983247
Date on Market: 8/21/2019
Last Updated:
Address: 4191 W US Highway 36, Decatur, IL 62522