4191 W US Highway 36 | Decatur, IL 62522
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- LoopNet Team
4191 W US Highway 36
Decatur, IL 62522
Decatur Conference Center & Hotel · Hospitality Property For Sale
·
112,024 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 | No. Stories | 4 |
| Property Subtype | Hotel | Year Built/Renovated | 1972/2017 |
| Building Class | B | Parking Ratio | 7.83/1,000 SF |
| Lot Size | 29.87 AC | Corridor | Interior |
| Building Size | 112,024 SF | ||
| Zoning | B2 - Commercial | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 29.87 AC |
| Building Size | 112,024 SF |
| No. Stories | 4 |
| Year Built/Renovated | 1972/2017 |
| Parking Ratio | 7.83/1,000 SF |
| Corridor | Interior |
| Zoning | B2 - Commercial |
AMENITIES
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Patio
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Hot Tub
PROPERTY TAXES
| Parcel Number | 04-12-18-105-001 | Improvements Assessment | $703,404 |
| Land Assessment | $156,941 | Total Assessment | $860,345 |
PROPERTY TAXES
Parcel Number
04-12-18-105-001
Land Assessment
$156,941
Improvements Assessment
$703,404
Total Assessment
$860,345
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