520-664-4091
1520 S Washington St, Du Quoin, IL for Sale
Hospitality - FOR SALE
1/19
null | Request Cap Rate

1520 S Washington St
Du Quoin, IL 62832


HIGHLIGHTS

  • 59 units, 2 story, interior corridor, independent hotel
  • On-going Red Roof conversion set to be completed in March/April 2025
  • Conveniently located near key demand generators such as Heartland Coca-Cola
  • Offered unencumbered by management
  • Manager’s Quarters: 1 bed 1 bath with kitchen
  • Gaming Room on-site generating over $30,000 per year in additional income

OVERVIEW

Jigar “Jay” Desai and Suraj Rama of NewGen Advisory are proud to present the Fairgrounds Inn, a premier investment opportunity in Du Quoin, Illinois. This property features 59 units across two stories with interior corridors, perfectly located near the Du Quoin State Fair and the Heartland Coca-Cola. These major events ensure a steady flow of guests, boosting occupancy rates and offering a solid operational track record. Situated in a community known for vibrant events, the Fairgrounds Inn capitalizes on its niche market while supporting sustained growth and profitability in a region that's enhancing its local commerce and infrastructure.

FOR SALE DETAILS

PRICE

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# OF ROOMS

59

CAP RATE

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SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Fairgrounds Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2006

PARKING SPACES

56

LAND DETAILS

LAND ACRES

5.78 AC

LAND SF

251,777 SF

ZONING

IC

APN/PARCEL ID

1-61-0440-012

ASK ABOUT THIS PROPERTY

Jigar DesaiNewGen AdvisoryMore Info
520-664-4091

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Jigar DesaiNewGen AdvisoryMore Info
520-664-4091

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