Property History
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Asking Price: $550,000
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30 Units | Two Buildings (17 / 13) – Built in 1972 with durable all-brick construction
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Owner/Manager Living Quarters – Ideal for first-time or owner-operator buyers
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Strong Rural Demand – Long-term stays from retired veterans, agricultural workers, factory employees, and railroad crews
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Limited Competition – One of few lodging options in Arcola; Only independent traditional motel operating primarily on walk-ins
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Untapped Revenue Opportunity – Currently operates on walk-ins only; no online booking or OTA exposure
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Recent Capital Improvements – Metal roof installed in 2015, new TVs added upon ownership in 2020
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Strategic Location – Approx 30 mins to Charleston & 45 mins to Champaign/Urbana
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Local Growth Driver – Approx 10 mins from Tuscola plant project, expected to generate significant new employment in the area
Welcome to the Arcola Inn, a well-established motel situated in a high-visibility location near key attractions and major highways. This property boasts 30 well-appointed guest rooms, designed to meet the needs of every traveler, whether they're staying for a night or an extended visit. Each room has been thoughtfully equipped with a range of amenities to ensure a comfortable and enjoyable stay. This is a rare opportunity to own a profitable motel in a thriving area. Whether you're an experienced hotelier or a first-time investor, the Arcola Inn offers a stable income with room for expansion. Don't miss out on this exceptional investment—inquire today!
Kindly refrain from contacting the owners directly, as they prefer not to be disturbed. For inquiries, please reach out to Hiren S. Panchal at 217-693-8758 or via email at Hiren@HirenSPanchal.com.
30 Spacious Guest Rooms: Each room is crafted for comfort, featuring modern amenities that ensure a pleasant experience for all guests.
Owner's Living Quarters: The property includes a 2-room living space, ideal for an on-site manager or owner-operator, offering the convenience of managing the motel with ease.
Prime Location: Conveniently located just off Highway 133 and close to I-57, the Arcola Inn is easily accessible and surrounded by popular dining options, gas stations, and local attractions, making it an ideal stop for travelers.
Ample Parking and Outdoor Space: The property features ample parking for guests and well-maintained outdoor areas, enhancing the overall guest experience.
Potential for Growth: With its strategic location and solid reputation, the Arcola Inn presents excellent potential for revenue growth and further development.
Spacious Room Layouts: Each guest room offers ample space for relaxation, thoughtfully arranged to maximize comfort with dedicated areas for sleeping, lounging, and working.
Modern Amenities: All rooms come equipped with essential modern amenities, including flat-screen TVs, high-speed internet access, and individual climate control, ensuring guests' comfort.
Comfortable Bedding: Guests will enjoy plush bedding, featuring either double or queen-sized beds, perfect for a restful night’s sleep.
Convenient In-Room Appliances: Each room is equipped with a microwave and mini-fridge, offering guests the convenience of storing and preparing their own meals or snacks.
Well-Appointed Bathrooms: Bathrooms are designed for style and function, featuring well-lit vanities, modern fixtures, and ample towels and toiletries.
Inviting Décor: The rooms are decorated in a warm, welcoming color palette, creating a homey atmosphere that makes guests feel right at home.
Work-Friendly Spaces: For business travelers, the rooms include dedicated workspaces with desks and chairs, providing a comfortable environment to stay productive.
Natural Light and Views: Large windows allow plenty of natural light, creating a bright and airy ambiance. Depending on the room's location, guests can enjoy views of the surrounding area.
Loan History
Financial History
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Contact Information
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