Quality Inn Macomb near University Area - Macomb, IL
About This Property
- 57 Rooms
- 2 Story, Interior Corridor Hotel
- Room Revenue: $702,000
- TTM Room Revenue through March 2026: $719,452
- Priced to Sell at 2.85x Room Revenue
- Located 90 Minutes from Peoria and Springfield, IL, and 3 Hours from Chicago
- Adjacent to Western Illinois University Campus in Charming College Town
- Excellent Condition with Recent Upgrades Completed
- Perfect for Owner Operator with Manager's Apartment On-Site
- Nearby to Western Illinois University, Argyle Lake State Park, and Several Other Leisure, Retail, Manufacturing and Healthcare Demand Generators
This is a 57-unit, interior corridor hotel located in McDonough County, Macomb, Illinois. Centrally located off IL-67 Freeway, between Peoria and Springfield, and just a few miles from Western Illinois University, the hotel offers comfortable accommodations with convenient amenities for all travelers.
The hotel is a perfect opportunity for an owner-operator and is priced to sell under 3 times revenue.
Recent Improvements include: All Rooms given new paint job in 2025 with new color scheme approved by Choice, interior corridor painted in 2025, installed new RFID locks on guest rooms, (3-year warranty starting November 2025) new LED lights in the parking lot & on the building. New LED fixtures in the hallways, front lobby & breakfast room. Indoor pool updated with new paint job (epoxy premium and quality paint). Installed new HVACS in multiple rooms. (As of March 2026, 40 Rooms and lobby & breakfast rooms have new units) Remaining 18 rooms have units that are efficiently performing in good condition.
Macomb is a growing destination, recognized as one of the must-visit cities in Illinois. With diverse attractions such as the university, state parks, Journey Comics, and the National Scenic Byway, there are a number of demand generators despite the smaller market size. The hotel is also conveniently located near several major corporations that offer year-round job opportunities.
This agreement (“Agreement”) is between Amber Hotel Company (“Amber”) and the undersigned party (“Buyer”) who is interested in buying investment real estate.
The investment real estate is exclusively listed for sale with Amber. Amber shall provide Buyer with related confidential information, subject to the terms and conditions of this Agreement.
By checking the below box and viewing this property, you agree that:
- The related confidential information is provided for the sole purpose of having a Buyer evaluate the purchase of the property for itself or its affiliates. Buyer and its affiliates shall keep the related information confidential, and not reproduce, distribute or disclose such information to third parties, except to the extent third party consultants, lenders, or other agents of Buyer are required, in which case such third parties will be held to the same confidentiality standards as Buyer. Amber shall not be responsible for the accuracy or completeness of the information provided, or for any loss or expense, whether direct or indirect, arising from Buyer’s or Buyer’s affiliate’s use and reliance on the information.
- The undersigned principal or any company or entity in which the undersigned principal has controlling interest, including real estate brokerage companies, shall not be paid any form of commission or fee by the owner of the property for the purchase of the property.
- All offers and purchase agreements for the property from Buyer or its affiliates shall be submitted through Amber. Buyer shall not contact the owner of the property directly or act either directly, indirectly, through any third parties including affiliates, clients or other brokers to circumvent the purpose of this Agreement. Amber may solicit, represent and accept offers for the property from other potential buyers without obligation to this Buyer. Buyer acknowledges that real estate brokers are not qualified as experts for legal, financial, accounting, environmental, construction, soils, geological or engineering advice.
This property information, market information, and other information on this page as well as any related documents have been provided by the seller or other outside sources. Interested parties are highly encouraged to verify the information independently. Amber has not independently verified any information.