2400 W Main St

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Address: 2400 W Main St, Carbondale, IL 62901, USA
Created date: September 13, 2024
Date last updated: October 31, 2024
  • Within 15 mins of Shawnee National Forest, Giant City State Park, and Pomona Natural Bridge
  • 3.9 Miles to Southern Illinois University
  • Historic Hotel brought back to life
  • Opportunity for food and beverage onsite (restaurant/Bar)
  • Priced at $23,582/key
  • 2022 Revenue: $531,390
  • 2023 Revenue: $494,091

Property Description

The Bowman Post Group of NewGen Advisory is pleased to present for sale the Carbondale Illinois University Inn. The property is conveniently located just 2 miles from Southern Illinois University and includes 57 fully operational rooms, with an additional 70 rooms primed for renovation into extended-stay accommodations. The hotel also boasts an 8,000 square foot restaurant and bar space available for lease, along with 1,000 square feet of meeting space and extra land for future development. Its strategic position adjacent to the busy Highway 51, 2 miles from SIH Memorial Hospital, and 13 miles from the new MWA Airport with direct flights to Chicago, enhances its appeal, especially considering the nearby Amtrak station. Furthermore, the hotel operates independently without any brand affiliation, providing a unique opportunity for potential buyers. Broker of Record: NEWGEN ADVISORY IL, LLC | Andrew Post | IL Lic. No. 471021750

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Hospitality
Price: $2,995,000
No. of Units: 127
Year Built: 1970
Lot Size: 6.25 Sq ft
Opportunity Zone: No
Price per unit: $23,583
Property Website Click Here
Address: 2400 W Main St, Carbondale, IL 62901, USA
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