Press Releases
Marcus & Millichap Brokers Sale of 36-Room Hotel Property in Atlanta, Illinois
May 01, 2025
ATLANTA, Ill., May 1, 2025 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of The Trail Inn, a 36-room hotel property located in Atlanta, Illinois.
"There was an instant market for this hotel; the sellers did a fabulous job renovating it, and it didn’t go unnoticed," said Kristen Blackshaw, associate. "This is the perfect opportunity for a first-time hotelier to enter the market and gain experience on a smaller scale."
Blackshaw, investment specialist in Marcus & Millichap’s Chicago Oak Brook office, had the exclusive listing to market the property on behalf of the seller and procured the buyer. The transaction received additional support from Ebrahim Valliani, Allan Miller and Chris Gomes of the firm’s Miller-Gomes Hotel Team.
The Trail Inn is a one-story hotel with 36 rooms, situated on 2 acres at 103 Empire St. The hotel is visible and accessible just off Interstate 55, which sees an annual average daily traffic count of just over 23,000 vehicles. Property amenities include a lobby area with seating, a guest laundry facility and ample parking. Ownership invested more than $275,000 in improvements, including furniture and flooring renovations, PTAC unit replacements, a new fire alarm system, mag-lock entry and a full repainting of rooms and common areas.
"There was an instant market for this hotel; the sellers did a fabulous job renovating it, and it didn’t go unnoticed," said Kristen Blackshaw, associate. "This is the perfect opportunity for a first-time hotelier to enter the market and gain experience on a smaller scale."
Blackshaw, investment specialist in Marcus & Millichap’s Chicago Oak Brook office, had the exclusive listing to market the property on behalf of the seller and procured the buyer. The transaction received additional support from Ebrahim Valliani, Allan Miller and Chris Gomes of the firm’s Miller-Gomes Hotel Team.
The Trail Inn is a one-story hotel with 36 rooms, situated on 2 acres at 103 Empire St. The hotel is visible and accessible just off Interstate 55, which sees an annual average daily traffic count of just over 23,000 vehicles. Property amenities include a lobby area with seating, a guest laundry facility and ample parking. Ownership invested more than $275,000 in improvements, including furniture and flooring renovations, PTAC unit replacements, a new fire alarm system, mag-lock entry and a full repainting of rooms and common areas.
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About Marcus & Millichap, Inc. (NYSE: MMI)
Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. As of December 31, 2024, the company had 1,712 investment sales and financing professionals in over 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The company also offers market research, consulting and advisory services to clients. Marcus & Millichap closed 7,836 transactions in 2024, with a sales volume of approximately $49.6 billion. For additional information, please visit www.MarcusMillichap.com.
