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Gas Light Motel 1420 W Spresser St

21 Room Hotel Taylorville, IL 62568 $284,400 CAD ($13,543 CAD/Room)

Hotels Illinois Taylorville 1420 W Spresser St, Taylorville, IL 62568

Investment Highlights

  • Situated in the heart of Taylorville IL, this property is a 21 unit exterior corridor property, sitting on ±1.59 AC
  • Spacious management suite apartment attached to the property with 2 bedrooms 1 bathroom.
  • Strong brick building with concrete slab foundation
  • Value add investment opportunity with large 14’x16’ rooms and room for rental revenue growth
  • Brand new roof replaced in 2019
  • Property eligible for certain franchise flags

Executive Summary

Broker of Record
Matthew M. Fitzgerald
License No. 478027547 (IL)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203

Property Facts

Price $284,400 CAD Building Size 8,531 SF
Price Per Room $13,543 CAD No. Rooms 21
Sale Type Investment No. Stories 1
Property Type Hospitality Year Built 1980
Property Subtype Hotel Parking Ratio 3.52/1,000 SF
Building Class C Corridor Exterior
Lot Size 1.59 AC
Price $284,400 CAD
Price Per Room $13,543 CAD
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 1.59 AC
Building Size 8,531 SF
No. Rooms 21
No. Stories 1
Year Built 1980
Parking Ratio 3.52/1,000 SF
Corridor Exterior

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 21 $78.21 CAD -

Links

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PROPERTY TAXES

Parcel Number 17-13-28-201-008-00 Improvements Assessment $42,239 CAD
Land Assessment $25,345 CAD Total Assessment $67,584 CAD

PROPERTY TAXES

Parcel Number
17-13-28-201-008-00
Land Assessment
$25,345 CAD
Improvements Assessment
$42,239 CAD
Total Assessment
$67,584 CAD

zoning

Zoning Code C-2 (Commercial)
C-2 (Commercial)
(312) 261-8441

Contacts

  • Listing ID: 32976088

  • Date on Market: 2024-08-27

  • Last Updated:

  • Address: 1420 W Spresser St, Taylorville, IL 62568

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Gas Light Motel | 1420 W Spresser St
(312) 261-8441 x

Gas Light Motel | 1420 W Spresser St

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Deep Dave

(312) 261-8441

(312) 261-8441

Dustin Robinett

(816) 547-8112

(816) 547-8112

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