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31513963
31513964

1646 N Lafayette St, Macomb, IL 61455

SP
CA 01219756
Amber Hotel Company
Listed by Amber Hotel Company
$2,000,000
72 days on market
Updated 69 days ago

Quality Inn Macomb near University Area

Details
APN 11-101-590-00
Property Type Hospitality
Sub Type Hotel, Motel
Keys 57
Brand/Tenant Quality Inn
Year Built 1995
Buildings 1
Acreage 3.610

57 unit, interior corridor Quality Inn in Macomb, IL, offered under 3x revenue in college town

Marketing description

This is a 57-unit, interior corridor hotel located in McDonough County, Macomb, Illinois. Centrally located off IL-67 Freeway, between Peoria and Springfield, and just a few miles from Western Illinois University, the hotel offers comfortable accommodations with convenient amenities for all travelers.

The hotel is a perfect opportunity for an owner-operator and is priced to sell under 3 times revenue.

Recent Improvements include: All Rooms given new paint job in 2025 with new color scheme approved by Choice, interior corridor painted in 2025, installed new RFID locks on guest rooms, (3-year warranty starting November 2025) new LED lights in the parking lot & on the building. New LED fixtures in the hallways, front lobby & breakfast room. Indoor pool updated with new paint job (epoxy premium and quality paint). Installed new HVACS in multiple rooms. (As of March 2026, 40 Rooms and lobby & breakfast rooms have new units) Remaining 18 rooms have units that are efficiently performing in good condition.

Macomb is a growing destination, recognized as one of the must-visit cities in Illinois. With diverse attractions such as the university, state parks, Journey Comics, and the National Scenic Byway, there are a number of demand generators despite the smaller market size. The hotel is also conveniently located near several major corporations that offer year-round job opportunities.

Investment highlights

  • 57 Rooms
  • 2 Story, Interior Corridor Hotel
  • Room Revenue: $702,000
  • TTM Room Revenue through March 2026: $719,452
  • Priced to Sell at 2.85x Room Revenue
  • Located 90 Minutes from Peoria and Springfield, IL, and 3 Hours from Chicago
  • Adjacent to Western Illinois University Campus in Charming College Town
  • Excellent Condition with Recent Upgrades Completed
  • Perfect for Owner Operator with Manager's Apartment On-Site
  • Nearby to Western Illinois University, Argyle Lake State Park, and Several Other Leisure, Retail, Manufacturing and Healthcare Demand Generators

Listing Contacts

SP
CA 01219756
Amber Hotel Company
Listed by Amber Hotel Company

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