for sale

University Inn

2400 W Main St | Carbondale, IL 62901

Price:
$2,800,000
Number of Rooms:
57
Building Size:
67,000 SF
Lot Size:
6.25 AC
Year Built:
1970
Hotel Type:
Full Service
Zoning:
C

Investment Highlights

  • 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 $22,047/key
  • 2022 Revenue: $531,390
  • 2023 Revenue: $494,091
  • 2024 Revenue: $591,596

Property Description

The Bowman Post Group of NewGen Advisory is pleased to present for sale the University Inn – Carbondale, IL. 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 SF of meeting space and extra land for future development.

The University Inn – Carbondale is strategically positioned 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, enhancing the asset’s appeal, especially considering the nearby Amtrak station. Furthermore, the hotel operates independently without any brand affiliation, providing a unique opportunity for potential buyers.

Location Description

Investing in a hotel near Shawnee National Forest, Giant City State Park, and Pomona Natural Bridge offers numerous advantages. The southern part of Carbondale is not only a gateway to the forest but also features a variety of wineries and serves as the starting point for the Shawnee Hills Wine Trail, which showcases eleven picturesque vineyards along with local dining options.

Share to Social

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. 

Ben Rohlfing
Associate
IL #475205657
(217) 343-0147
brohlfing@newgenadv.com

BROKER OF RECORD

Andrew Post

NewGen Advisory IL, LLC

IL #471021750

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