16 S Country Club Rd - Hospitality FOR SALE


Decatur, IL 62521
$725,000 USD
714-312-3934
16 S Country Club Rd, Decatur, IL for Sale
$725,000 USD
Hospitality - FOR SALE
1/21
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16 S Country Club Rd
Decatur, IL 62521


OVERVIEW

- 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

FOR SALE DETAILS

PRICE

$725,000 USD

PRICE/SF

$33 USD /SF

# OF ROOMS

25

PRICE/ROOM

$29,000 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Lakeview Motel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1962

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.29 AC

LAND SF

56,192 SF

ZONING

Municipal

APN/PARCEL ID

09-13-19-252-011

ASK ABOUT THIS PROPERTY

Vijay HiraT & S Hotel AdvisorsMore Info
714-312-3934

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Vijay HiraT & S Hotel AdvisorsMore Info
714-312-3934

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.