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Off Market
1/22

4191 W US Highway 36
Decatur, IL 62522


HIGHLIGHTS


OVERVIEW

Property Overview: The Decatur Hotel & Conference Center is a 370-room, four-story, hotel and conference center built in 1972. Well-equipped with numerous common area and guest room amenities, this hotel offers spacious guest rooms that come furnished with room service, a plush top mattress, stylish bathroom with granite countertops, an over-sized desk, a microwave, refrigerator, and flat-screen television with premium channels. Additionally, some common area amenities the hotel has to offer consist of two restaurants, the Fireside Grill and the Sports Zone Bar and Grill, an indoor pool and Jacuzzi, fitness center, business center, sand volleyball, basketball, horseshoes, disc golf, and over 55,000 square feet of conference and event space between two areas. Location Overview: Decatur, Illinois is a city located in Macon County in the central region of the state, 50 miles east of Springfield and 50 miles west of Campaign. The Decatur Conference Center & Hotel is superbly positioned on Highway 36. With the city’s major employers and popular revenue generators in close proximity to the property, this sought-after hotel benefits from many key industries of the city which include healthcare & social assistance, manufacturing, and retail trade. Mueller Group LLC and Decatur Memorial Hospital, two of the city’s largest employers located approximately 3.8 and 5.6 miles from the hotel respectively, are prime revenue drivers for the surrounding area. Other major employers that are responsible for a significant portion of the workforce include ADM Growmark River Systems Research Center (7.7 miles) and Archer Daniels Midland Company (7.9 miles). Revenue generators in the area, like Scovill Zoo (7.9 miles) and the Decatur Airport (8.8 miles) help bring additional revenue to the hotel through an increase in transient business. Extra demand drivers for the city include Fairview Shopping Center (3.7 miles) and the Macon County Fair & Event Facilities (5.2 miles).

FOR SALE DETAILS

PRICE

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# OF ROOMS

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CAP RATE

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BUILDING DETAILS

PROPERTY NAME

Decatur Conference Center & Hotel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

321000

STORIES

4

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1972

PARKING SPACES

877

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

B2

APN/PARCEL ID

04-12-07-300-012,04-12-18-105-001,04-12-18-126-001