- For Sale Auction Sale
- Property Type Other
- Property Size 39,960 SF
- Units 69
- Lot Size 1.67 Acre
- Additional Rent Contact for pricing
- Parking Spaces Avail. 76
- Year Built 2007
- Year Renovated 2015
- Date Updated Dec 11, 2024
Reach out to the broker for more info on lease terms and amenities
Highlights
- Fee simple interest in the 69-room Holiday Inn Express & Suites in Jacksonville, Illinois
- The asset will be available for purchase in the January 22nd auction event via RI Marketplace
- Offered for sale as part of an eight-property (8) portfolio, with all properties being sold individually
- Strong operational upside in transitioning the asset out of institutional ownership and third-party management
- Property is offered unencumbered by management and debt and at a significant discount to replacement cost
- Property is readily accessible via Interstate 72, with 14,000 vehicles passing the location daily
- Proximate to Lake Jacksonville and scenic area parks – focal points for outdoor enthusiasts, fishing, and boating
- Conveniently located less than 45 minutes from Springfield, the state capital city of Illinois, this facility offers overflow lodging for events and activities in Springfield while providing more affordable accommodations
- Educational demand is fueled by Illinois College, one of the state’s oldest higher learning institutions, and the Illinois School for the Deaf and the Illinois School for the Visually Impaired, all of which are located within five miles of the hotel
- Diverse set of local corporate demand includes the Passavant Area Hospital, Jacksonville School District, Jacksonville Correction Facility, and industrial and agricultural firms like Nestlé and Reynolds
- Deep historical roots connected to the Underground Railroad and prominent 19th-century figures, including Stephen Douglas and Ulysses S. Grant
- Leisure demand is tied to architecture and culture, with stunning historic homes and sites like the Governor Duncan Mansion and the Jacksonville Theatre Guild
False
Contacts
Location
Getting Around
-
Walk Score ®
17/100
Car-Dependent
-
Bike Score ®
28/100
Somewhat Bikeable
- City Jacksonville, IL
- Neighborhood South Jacksonville
- Zip Code 62650
Points of Interest
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Clark
0.09 miles
-
Love's
0.16 miles
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Circle K
2.19 miles
-
Shell
2.20 miles
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Fast Stop
3.10 miles
-
Conoco
3.70 miles
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Holiday Inn Express Jacksonville
0.01 miles
-
Quality Inn South Jacksonville
0.08 miles
-
Baymont Inn & Suites Jacksonville
0.27 miles
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Super 8
2.25 miles
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Blackhawk Village Inn and Lodge
2.48 miles
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Country Hearth Inn & Suites
2.59 miles
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Hampton
2.63 miles
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Star Lite Motel
3.00 miles
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Subway
0.07 miles
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Three Star Family Restaurant
0.10 miles
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DQ Grill & Chill
1.70 miles
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El Patron
2.14 miles
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Best Buffet
2.17 miles
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Taco Bell
2.19 miles
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KFC
2.20 miles
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Little Caesars
2.20 miles
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Marco's Pizza
2.20 miles
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Jimmy John's
2.21 miles
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South Jacksonville Elementary School
1.25 miles
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Pathway School
2.30 miles
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Jacksonville Middle School
2.46 miles
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Franklin Elementary School
2.53 miles
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Washington Elementary School
2.65 miles
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Illinois College
2.70 miles
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MacMurray College
2.76 miles
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Routt High School
2.88 miles
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Our Savior Parish School
2.93 miles
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Illinois School for the Visually Impaired
3.04 miles
Frequently Asked Questions
The sale price for Holiday Inn Express & Suites Jacksonville IL is available upon request. Contact the listing broker for more information.
Holiday Inn Express & Suites Jacksonville IL totals 39,960 square feet.
Holiday Inn Express & Suites Jacksonville IL was built in 2007.
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Alchemy Real Estate Advisors (AREA)
