For Sale
$1,800,000

625 Washington St Pittsfield, IL 62363

Hotel, Restaurant, & Development Land

Overview

Added:
Dec 11, 2024
Days on market:
131
This exceptional investment opportunity in Pittsfield, Illinois, presents a unique blend of established businesses and high-potential development land. The property encompasses a thriving 20-room hotel (12,396 square feet) featuring 13 non-suite and 7 suite rooms, a spacious breakfast/gathering room accommodating up to 50 guests, self-serve laundry facilities, an office, and public restrooms. A fully operational restaurant, the Hooterville Cafe, boasts a commercial kitchen and seating for 50 diners. Adding to the appeal is a substantial adjacent lot (2.3 acres), currently leased as parking, presenting significant development possibilities. A separate three-room building, situated north of the cafe, offers versatility as additional hotel rooms or a manager's residence. The entire property, commercially zoned, benefits from its prime location near area attractions, including wineries, antique shops, and a jeep jamboree, and is within walking distance of other restaurants. Three buildings are included in this sale. This turnkey operation offers immediate income generation and substantial long-term growth potential. The property is located at 625 W Washington Street, Pittsfield, IL 62363.

Highlights

  • Investment opportunity: 20-room hotel, restaurant, and development land in Pittsfield, IL.
  • 12,396 SF hotel featuring 13 non-suite and 7 suite rooms, plus a 50-person capacity breakfast/gathering room, laundry facilities, office, and restrooms.
  • Fully operational Hooterville Cafe with commercial kitchen and seating for 50.
  • Large adjacent lot with high development potential, currently used as parking.
  • Separate 3-room building ideal for additional hotel rooms or manager's residence.
  • Commercially zoned property near local attractions and restaurants.

Property Details for 625 Washington St

Property type
Retail properties, Restaurants
Buildings
3

Location Insight

City
Pittsfield
County
17149
State
Illinois
Latitude
39.6062078
Longitude
-90.8145609
625 Washington St, Pittsfield, Illinois

FAQs

What type of property is this?
Retail property - Hotel, Restaurant, & Development Land
Where is the retail property located?
The property is located at 625 Washington St Pittsfield, IL.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Investment opportunity: 20-room hotel, restaurant, and development land in Pittsfield, IL.; 12,396 SF hotel featuring 13 non-suite and 7 suite rooms, plus a 50-person capacity breakfast/gathering room, laundry facilities, office, and restrooms.; Fully operational Hooterville Cafe with commercial kitchen and seating for 50.
How can I contact the broker?
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625 Washington St
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