Fairgrounds Inn


Price:
$1,300,000

[Currently Under Agreement]

Address :
1520 S Washington St
Du Quoin, IL 62832


  •  Excellent location on US 51 adjacent to 2nd largest fairgrounds in Illinois
  •  Absentee ownership for past 5 years
  •  Ideal size and operating model for owner/ operator
  •  Many economy and mid-scale flags available for franchise
  •  Video gaming could be added to expand income stream
  •  CLC business, trucking and railroad contracts (AMTRAK station downtown) could be added
  •  Ability to build assisted living, restaurant, or retail on extra land
    View Map    View Aerial
  •  Located in South Central Illinois, Adjacent to US 51 and Just North of IL Highway 14 (With Access to I- 57)
  •  Home to the Du Quoin State Fair, Which Draws Over 100,000 People in Week Before Labor Day
  •  Close to Regional Demand Generators:
    •  Du Quoin State Fairgrounds, Home to Du Quoin State Fair and Street Machine Nationals
    •  Du Quoin Downtown Shopping District
    •  Pyramid State Park
    •  Rend Lake
    •  Shawnee National Forest
  •  59 Guest Rooms
  •  2 Stories, Interior Corridor
  •  Dryvit Façade
  •  Pitched, Asphalt-Shingled Roof
  •  Asphalt Parking Lot (±78 Spaces) with Space for Oversized Vehicles
  •  Wireless Internet
  •  Breakfast Area (Seats 24)
  •  Guest Laundry
  •  Elevator
  •  Fitness Center
  •  Indoor Pool
  •  Covered Picnic Area with Barbeque Grills
  •  Oversized Vehicle Parking
  •  Opened in 2006
Thank you for your interest in this Mumford Company Listing. In order to review the financial and operating performance of this property, please complete the required fields below. If you are a real estate broker, please click here and you will be directed to our co-brokerage registration form.




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Financials
2019
2020
2021
T-12Mos 5/22
Occupancy
17.40%
11.67%
16.71%
17.73%
Average Daily Rate
$90.21
$75.44
$92.09
$95.34
Room Revenue
$338,116
$190,130
$331,435
$364,013
Net Operating Income
$85,055
($10,964)
$73,707
N/A
This is a confidential offering intended for the recipient's use in determining the advisability of negotiating for purchase. Do NOT Contact the Property Directly! All Showings by Appointment Only!