25 Units + Owner/Manager Living Quarters – Ideal for first-time or owner-operator buyers
Prime Location – Across from Lake Decatur and Devon Amphitheater, a major regional events and concerts venue
Untapped Revenue Opportunity – Currently operates on walk-ins only; no online booking or OTA exposure
Strong Demand Drivers – Consistent traffic from lake visitors, event attendees, and local contractors
Room Size: ~350 sq. ft. (larger than typical economy rooms)
Solid Construction – Built in 1962 with durable brick exterior
New Roof Completed – Full roof replacement recently completed (Feb2026), providing immediate capital improvement value
Value-Add Potential – Opportunity to increase ADR, implement online marketing, and capture untapped demand
Location Summary
The Lakeview Motel is located in Decatur, Illinois—a key Central Illinois economic hub with convenient access to Springfield, Bloomington, and Champaign via Interstate 72 and major regional highways. The city is home to major corporate employers such as Archer Daniels Midland (ADM headquarters), Caterpillar, and logistics operations tied to the Midwest Inland Port, driving steady demand from business and contractor travel. Decatur also attracts leisure visitors with Lake Decatur, Scovill Zoo, and the Devon Lakeshore Amphitheatre located just 1.5 miles from the property. With low operating costs, strong employment anchors, and limited hospitality competition, Decatur offers compelling cash-flow potential and value-add upside for investors.
