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Lakeview Motel 16 S Country Club Rd 25 Room Hotel Decatur, IL 62521 $725,000 ($29,000/Room)
Executive Summary
- Price Reduced: $725,000
- 25 Units + Owner/Manager Living Quarters – Ideal for first-time or owner-operator buyers
- Prime Location – Across from Lake Decatur and Devon Amphitheater, a major regional events and concerts venue
- Untapped Revenue Opportunity – Currently operates on walk-ins only; no online booking or OTA exposure
- Strong Demand Drivers – Consistent traffic from lake visitors, event attendees, and local contractors
- Room Size: ~350 sq. ft. (larger than typical economy rooms)
- Solid Construction – Built in 1962 with durable brick exterior
- Recent Roof Improvements (March 2026) – Recently completed, reducing near-term capital needs.
- Value-Add Potential – Opportunity to increase ADR, implement online marketing, and capture untapped demand
- 25 Units + Owner/Manager Living Quarters – Ideal for first-time or owner-operator buyers
- Prime Location – Across from Lake Decatur and Devon Amphitheater, a major regional events and concerts venue
- Untapped Revenue Opportunity – Currently operates on walk-ins only; no online booking or OTA exposure
- Strong Demand Drivers – Consistent traffic from lake visitors, event attendees, and local contractors
- Room Size: ~350 sq. ft. (larger than typical economy rooms)
- Solid Construction – Built in 1962 with durable brick exterior
- Recent Roof Improvements (March 2026) – Recently completed, reducing near-term capital needs.
- Value-Add Potential – Opportunity to increase ADR, implement online marketing, and capture untapped demand
Data Room Click Here to Access
- Offering Memorandum
Property Facts
| Price | $725,000 | Building Size | 22,122 SF |
| Price Per Room | $29,000 | No. Rooms | 25 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built | 1962 |
| Property Subtype | Hotel | Parking Ratio | 2.35/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Lot Size | 1.29 AC | ||
| Zoning | Municipal | ||
| Price | $725,000 |
| Price Per Room | $29,000 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.29 AC |
| Building Size | 22,122 SF |
| No. Rooms | 25 |
| No. Stories | 2 |
| Year Built | 1962 |
| Parking Ratio | 2.35/1,000 SF |
| Corridor | Exterior |
| Zoning | Municipal |
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 25 | $37.00 | - |
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 09-13-19-252-011 | Improvements Assessment | $82,244 |
| Land Assessment | $35,113 | Total Assessment | $117,357 |
Property Taxes
Parcel Number
09-13-19-252-011
Land Assessment
$35,113
Improvements Assessment
$82,244
Total Assessment
$117,357
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Lakeview Motel | 16 S Country Club Rd
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