For Sale
$1,800,000

5020 Illinois 84Thomson, IL 61285

48-room hotel, golf course, restaurant, bar in Thomson, IL

Overview

Added:
Jan 28
Days on market:
71
This exceptional investment opportunity presents a 48-unit SureStay by Best Western hotel, complemented by a 9-hole golf course, restaurant, and bar. Located in Thomson, Illinois, this two-story, interior corridor hotel offers significant upside potential through hands-on management. The property benefits from its proximity to the Mississippi River (2.7 miles), attracting tourists seeking outdoor recreation like fishing, boating, and birdwatching. The nearby Upper Mississippi River National Wildlife and Fish Refuge and Big River State Forest provide additional recreational opportunities. Thomson's rural charm and affordable property prices create a unique appeal. The hotel's strategic location, approximately two hours from Chicago O'Hare Airport, further enhances its accessibility. The property's strong financial performance is evidenced by its 2022 total revenue of $1,053,619 and 2023 total revenue of $1,111,815. The asking price represents 1.6 times the 2023 total revenue. This property is ideal for investors seeking a blend of hospitality and recreational assets in a growing tourism market. The building encompasses 24,336 square feet. The property's location near historic sites and local farms adds to its appeal as a peaceful getaway. This presents a compelling opportunity for growth, particularly with the expansion of local tourism and business travel.

Highlights

  • 48-room SureStay by Best Western hotel in Thomson, IL.
  • Located near the Mississippi River, offering recreational opportunities.
  • Property includes a 9-hole golf course, restaurant, and bar.

Property Details for 5020 Illinois 84

Property type
Hotels, Hospitality properties
Square Feet
24,336 SF
Price / Square Foot
$73.96
Year Built
1976
Buildings
1
Stories
2
Elevators
N/A
Units
48

Location Insight

City
Thomson
County
State
Illinois

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
5020 Illinois 84
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message