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425 S West St
Olney, IL 62450

$1,995,000 USD

Hotel For Sale  •  22,380 SF

Property Details

  • Property Type Hotel
  • Total Building Size 22,380 SF
  • Lot Size 1.63 AC
  • Building Class C
  • Year Built 1995
  • Zoning C2
30 Walk Score

Highlights

Strategic Highway Location: Positioned along IL Routes 130 and 250 between St. Louis and Louisville.
Efficient Operating Model: Limited-service asset with low overhead and consistent demand drivers.
Academic and Healthcare Demand: Near Olney Central College and Carle Richland Memorial Hospital.
Strong Outdoor and Leisure Demand: Close to East Fork Lake, Olney City Park, and regional trails and nature preserves.
Cultural and Historic Attractions: Near South Elliott Street Historic District, Carnegie Building Museum, and Richland Heritage Museum.
Regional Travel Corridor: Captures transient demand from travelers between major Midwest markets.

Amenities

  • Business Center
Kristen Blackshaw 630-570-2200 Marcus & Millichap
Kristen Blackshaw 630-570-2200 Marcus & Millichap