Holiday Inn Express & Suites Jacksonville IL

For Sale

2501 Holliday Lane, Jacksonville, IL 62650

This Jacksonville property for sale is located at 2501 Holliday Lane. Contact the listing broker for details on the current sale price for Holiday Inn Express & Suites Jacksonville IL. Holiday Inn Express & Suites Jacksonville IL is situated on a lot that is 1.67 acre in size.

Contacts

broker

Brent Clemens

Alchemy Real Estate Advisors (AREA)

Property Details

  • Property Type Other
  • Property Size 39,960 SF
  • Units 69
  • Lot Size 1.67 Acre
  • Additional Rent Contact for pricing
  • Parking Spaces Avail. 76
  • Year Built 2007
  • Year Renovated 2015
  • Date Updated Nov 4, 2024
The Holiday Inn Express & Suites sits at 2501 Holliday in Jacksonville, IL, with easy access to Interstate 72, a major regional transportation corridor. This location meets corporate needs in the area, serving organizations such as Passavant Area Hospital, Jacksonville School District, Jacksonville Correctional Facility, and local industrial and agricultural firms like Nestlé and Reynolds. Within five miles of the hotel, Illinois College—one of the state’s oldest higher learning institutions—along with the Illinois School for the Deaf and the Illinois School for the Visually Impaired, provide additional demand. In Morgan County in west-central Illinois, Jacksonville lies about 35 miles west of Springfield, 85 miles north of St. Louis, and 235 miles southwest of Chicago. Major roads connect the city, including Interstate 72, which links Jacksonville to Springfield and Decatur to the east and Quincy to the west. U.S. Route 67 runs north-south through Jacksonville, connecting it to the Quad Cities and St. Louis, while Illinois Routes 78 and 104 offer additional regional links. These highways ensure Jacksonville’s accessibility to nearby larger cities, especially Springfield and St. Louis.Alchemy Real Estate Advisors, in conjunction with RI Marketplace, is pleased to offer, on an exclusive basis, the opportunity to acquire the fee simple interest in the 69-room Holiday Inn Express & Suites in Jacksonville, Illinois. The Property is offered for sale as part of an eight (8) property portfolio across five (5) states in Illinois, Iowa, Kansas, Missouri, and Oklahoma. All properties will be sold individually in the January 22nd Auction Event through RealInsight Marketplace. The eight properties include: Holiday Inn Express & Suites: Jacksonville, Illinois Holiday Inn Express & Suites: Mattoon, Illinois Holiday Inn Express & Suites: Dubuque, Iowa Holiday Inn Express & Suites: Emporia, Kansas Holiday Inn Express & Suites: Nevada, Missouri Holiday Inn Express & Suites: Bethany (OKC MSA), Oklahoma Holiday Inn Express & Suites: Chickasha (OKC MSA), Oklahoma Hampton Inn: Chickasha (OKC MSA), Oklahoma

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Highlights

  • Fee simple interest in the 69-room Holiday Inn Express & Suites in Jacksonville, Illinois
  • The asset will be available for purchase in the January 22nd auction event via RI Marketplace
  • Offered for sale as part of an eight-property (8) portfolio, with all properties being sold individually
  • Strong operational upside in transitioning the asset out of institutional ownership and third-party management
  • Property is offered unencumbered by management and debt and at a significant discount to replacement cost
  • Property is readily accessible via Interstate 72, with 14,000 vehicles passing the location daily
  • Proximate to Lake Jacksonville and scenic area parks – focal points for outdoor enthusiasts, fishing, and boating
  • Conveniently located less than 45 minutes from Springfield, the state capital city of Illinois, this facility offers overflow lodging for events and activities in Springfield while providing more affordable accommodations
  • Educational demand is fueled by Illinois College, one of the state’s oldest higher learning institutions, and the Illinois School for the Deaf and the Illinois School for the Visually Impaired, all of which are located within five miles of the hotel
  • Diverse set of local corporate demand includes the Passavant Area Hospital, Jacksonville School District, Jacksonville Correction Facility, and industrial and agricultural firms like Nestlé and Reynolds
  • Deep historical roots connected to the Underground Railroad and prominent 19th-century figures, including Stephen Douglas and Ulysses S. Grant
  • Leisure demand is tied to architecture and culture, with stunning historic homes and sites like the Governor Duncan Mansion and the Jacksonville Theatre Guild

Getting around

  • 17/100

    Walk Score ®

  • 28/100

    Bike Score ®

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Location

  • City Jacksonville, IL
  • Neighborhood South Jacksonville
  • Zip Code 62650

Points of Interest

  • Clark

    0.09 miles

  • Love's

    0.16 miles

  • Circle K

    2.19 miles

  • Shell

    2.20 miles

  • Fast Stop

    3.10 miles

  • Conoco

    3.70 miles

  • Holiday Inn Express Jacksonville

    0.01 miles

  • Quality Inn South Jacksonville

    0.08 miles

  • Baymont Inn & Suites Jacksonville

    0.27 miles

  • Super 8

    2.25 miles

  • Blackhawk Village Inn and Lodge

    2.48 miles

  • Country Hearth Inn & Suites

    2.59 miles

  • Hampton

    2.63 miles

  • Star Lite Motel

    3.00 miles

  • JCPenney

    2.05 miles

  • ALDI

    2.16 miles

  • Hy-Vee

    2.33 miles

  • Walmart Supercenter

    2.89 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Brent Clemens

Alchemy Real Estate Advisors (AREA)