236 S Jacques St - Hospitality FOR SALE
Arcola, IL 61910 |
$550,000 USD
714-312-3934
236 S Jacques St
Arcola, IL 61910
HIGHLIGHTS
- 30 Units | Two Buildings (17 / 13) – Built in 1972 with durable all-brick construction
- Owner/Manager Living Quarters – Ideal for first-time or owner-operator buyers
- Strong Rural Demand – Long-term stays from retired veterans, agricultural workers, factory employees, and railroad crews
- Limited Competition – One of few lodging options in Arcola; Only independent traditional motel operating primarily on walk-ins
- Untapped Revenue Opportunity – Currently operates on walk-ins only; no online booking or OTA exposure
- Recent Capital Improvements – Metal roof installed in 2015, new TVs added upon ownership in 2020
FOR SALE DETAILS
PRICE
$550,000 USD
PRICE/SF
$44 USD /SF
# OF ROOMS
30
PRICE/ROOM
$18,333 {currency}
CAP RATE
Request Cap Rate
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Arcola Inn
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
-
STORIES
1
ROOM ENTRANCE
Exterior
BUILDING CLASS
C
YEAR BUILT
1972
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.74 AC
LAND SF
32,234 SF
ZONING
HC
APN/PARCEL ID
01-14-03-311-013
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714-312-3934
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714-312-3934
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