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Published on: Tuesday, December 23, 2025
Updated on: Tuesday, December 23, 2025
About the Lister
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Name: Timothy Takao
Company: Amber Hotel Company
Office Phone: 8188513300
Cell Phone:  
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Financing  Business  Material

  Quality Inn - Grayville, IL

2200 S Court St Grayville Illinois , 62844
2200 S Court St Grayville Illinois                                                                                            , 62844  Amber Hotel Company
Listing ID: CL-Illinois-27178 Inn/Lodging and Hospitality

Purchase Option

Acquisition Option: Traditional Purchase
Cap Rate (%): Contact Lister
Net Operating Income: Contact Lister
Quick Glance
Listing ID: CL-Illinois-27178
Status: Accepting Offers
Financing: Third Party Financing
Occupancy: N/A
Year Build: 1986
Building Size: 61,583.00 SqFt
Lot Size: 3.17 Acre
No of Stories: 1
No of Parking: N/A
Offer to Millionaire Club: No
Business Available for Sale: No
Is Net Lease Investment: No
Property On Ground Lease: No
Building Status: Existing
Listing Summary
This 60 unit, two-story interior-corridor hotel is located in Grayville, Illinois, within White County.
Complete Details
Year Build: 1986
Building Size: 61,583 SqFt.
No of Stories: 1
Total Lot Area: 3.17 Acre
No of Parking: N/A
No of Total Units: 60
Property Current Status: Normal Sale
Building Status: Existing
Heating and Cooling: Heating and Cooling
Building Class: B
Property on Ground Lease?: No
Net Lease Investment?: No
Business Price Included?: No
Roofing: Not Specified
Occupancy: 0%
Full Description

 


60-Unit Hotel in Grayville, IL: Turnkey Condition with Immediate Upside

Acquire this well-maintained, 60-unit, two-story, interior-corridor hotel ideally situated in Grayville, IL (White County), offering exceptional regional access to Interstate 64 and positioned midway between Louisville and St. Louis, just three miles from Indiana.

Value-Add Opportunities: This hotel is primed for a new operator to significantly boost revenue by reopening currently closed amenities: the bar, swimming pool, and restaurant. Additionally, empty on-site rooms could easily be converted into a large 4-5 room manager's apartment.

Key Features & Condition:

  • Excellent Condition: Solid concrete build; all guest rooms were updated in 2019, with only minimal updates remaining.

  • Existing Revenue Streams: Includes a casino room with gaming machines generating approximately $25,000 annually, plus income from dedicated truck and RV parking.

  • Amenities: Currently offers a fitness center, continental breakfast area, and laundry facilities.

  • Location Drivers: Located in an area historically driven by oil and gas, now diversifying into renewable energy (wind/solar) and advanced manufacturing, promising new employment and demand.

This property offers a high-quality physical asset and immediate operational upside in a strategically positioned location.


 

Additional Properties
Property Highlights
  • 60 Rooms
  • Interior Corridor Hotel
  • Bar, Swimming Pool, and Restaurant are All Closed, Upside Opportunity for Experienced Hotelier
  • Direct Access to Interstate 64
  • Located Midway between Louisville and St. Louis and 3 Miles from Indiana Border
  • Profitable Despite Hands-Off Ownership, Net Income in 2024 was $368,369.45 which is a Cap Rate of 12.7%
  • 2024 Total Revenue: $895,216 which is a 3.2x Multiplier
  • 2022 Total Revenue: $1,249,534
  • 2021 Total Revenue: $1,110,291
  • Seller Financing May be Available to Qualified Buyer with 20% Down
Features
  • rice Per Room $48,333
  • Zoning: C - Commercial
  • Corridor: Interior
  • Fitness Center, Restaurant, On-Site Bar
  • ROOM MIX INFORMATION:
  • DESCRIPTION: Suite - No. ROOMS: 5 - DAILY RATE: $129
  • DESCRIPTION: Guest Rooms - No. ROOMS: 55 - DAILY RATE: $97
  • Parking Ratio: 0.97/1,000 SF
  • Year Built/Renovated: 1986/2009
Listing Location
Lister's other Properties
Address: 225 N 50th St , Lincoln Nebraska 68504
Listing ID: CL-Nebraska-27180
Listing Type: Commercial
Category: Lodging and Hospitality - Full Service Hotel
Status: Accepting Offers
Created On: 12/24/2025
Modified On: 12/24/2025
225 N 50th St , Lincoln Nebraska                                                                                             68504
Address: 617 S Broadway St , Little Rock Arkansas 72201
Listing ID: CL-Arkansas-27179
Listing Type: Commercial
Category: Lodging and Hospitality - Inn
Status: Accepting Offers
Created On: 12/23/2025
Modified On: 12/23/2025
617 S Broadway St , Little Rock Arkansas                                                                                             72201
Address: 519 Crook St , Custer South Dakota 57730
Listing ID: CL-South Dakota-2717
Listing Type: Commercial
Category: Lodging and Hospitality - Inn
Status: Accepting Offers
Created On: 12/23/2025
Modified On: 12/23/2025
519 Crook St , Custer South Dakota                                                                                         57730
Address: 208 Nueces St , George West Texas 78022
Listing ID: CL-Texas-27175
Listing Type: Commercial
Category: Lodging and Hospitality - Economy/Limited Service
Status: Accepting Offers
Created On: 12/23/2025
Modified On: 12/23/2025
208 Nueces St , George West Texas                                                                                                78022
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