Motel in IL w/ RE
Historic Motel with Real Estate in Southern Illinois
On NextCompany since September 11, 2026 (34 days)
IL area0 FT + 0 PT employees
Business overview
This historic Southern Illinois motel operates 28 rooms with 90% occupancy. The property includes an owned building measuring 11,690 square feet. The owner asks $2,500,000 plus inventory, including the real estate. The owner values fixtures, furniture, and equipment at approximately $25,000.
The motel generated gross sales of $411,631 in 2025. It operates without full-time or part-time employees. The owner offers training for the ownership transition. She plans to retire, travel, and spend time with family.
Who is a good fit for this business
- Hospitality buyers seeking a motel acquisition that includes owned real estate.
- Buyers who want owner training as they take over a business without full-time or part-time employees.
Details
- Reason for selling
- The owner’s husband passed away a few years ago and she is wanting to retire. The owner is looking forward to traveling and spending time with family.
- Real estate
- Owned, included in sale
Frequently Asked Questions
The historic motel serves Southern Illinois with 28 rooms. It reports 90% occupancy.
The owner asks $2,500,000 plus inventory and includes the owned real estate. The building measures 11,690 square feet. The owner estimates fixtures, furniture, and equipment at approximately $25,000.
The motel recorded gross sales of $411,631 in 2025. It generated $407,453 in 2024 and $304,859 in 2023.
The motel runs without any full-time or part-time employees. The owner offers training to support the transition.
The owner wants to retire following her husband's death a few years ago. She looks forward to traveling and spending time with family.