for sale
Fairgrounds Inn
1520 S Washington St. | Du Quoin, IL 62832
Investment Highlights
- 59 units, 2 story, interior corridor, independent hotel
- On-going Red Roof conversion set to be completed in March/April 2025
- Conveniently located near key demand generators such as Heartland Coca-Cola
- Offered unencumbered by management
- Manager’s Quarters: 1 bed, 1 bath with kitchen
- Gaming room on-site generating over $30,000 per year in additional income
Property Description
Jigar “Jay” Desai and Suraj Rama of NewGen Advisory are proud to present the Fairgrounds Inn – Du Quoin, IL, a premier investment opportunity. This property features 59 units across two stories with interior corridors. It is perfectly located near the Du Quoin State Fair and the Heartland Coca-Cola where these major events ensure a steady flow of guests, boosting occupancy rates and offering a solid operational track record. Situated in a community known for vibrant events, the Fairgrounds Inn capitalizes on its niche market while supporting sustained growth and profitability in a region that’s enhancing its local commerce and infrastructure.
Location Description
Du Quoin, known for its vibrant community events, supports a dynamic market for hospitality investments. The area is experiencing growth in local commerce and infrastructure, enhancing its appeal to both short-term visitors and long-term investors. With its solid operational history and community-centric location, Fairgrounds Inn offers potential investors a robust investment opportunity in Du Quoin’s thriving hospitality market, promising sustained growth and profitability in a region celebrated for its community spirit and event-driven guest influx.
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Click the “Complete Confidentiality Agreement” button below to access the due diligence files. After you submit the CA form, you will receive an automated email with links to the due diligence files and offering memorandum.
Jigar “Jay” Desai
Senior Vice President
AZ #SA675144000
(520) 664-4091
jigar.desai@newgenadv.com
Suraj Rama
Associate
AZ #SA705370000
(602) 363-9589
suraj.rama@newgenadv.com
BROKER OF RECORD
Andrew Post
NewGen Advisory IL, LLC
IL #471021750