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Hotel-Motel

The Trail Inn

103 Empire St, Atlanta, IL 61723

Listing Price: $795,000

Cap Rate
20.15%
Number of Rooms
36
RevPAR
$24
Price/Room
$22,083
RRM
2.55
Year Built
1995

Investment Overview

As the exclusive representative of the seller, Marcus & Millichap's Hospitality Division is pleased to present for sale to qualified investors The Trail Inn (‘Hotel’ or ‘Property’) located in Atlanta, Illinois. The independent hotel is offered at $795,000 or $22,084 per key.

The Trail Inn is a one-story hotel with 36 rooms, located at 103 Empire Street in Atlanta, Illinois. The Hotel is visible and accessible just off Interstate 55, which sees an annual average daily traffic of just over 23,000 vehicles. Various common area amenities at the Property include lobby area with seating, guest laundry facility, and ample parking. The current ownership has taken great pride in maintaining and enhancing the property, investing over $275,000 in a range of improvements. These updates include the renovation of furniture, flooring, and PTAC units, as well as the replacement of the fire alarm system, mag-lock entry, and a complete repainting of both rooms and common areas, alongside numerous other projects.

Atlanta is strategically positioned along historic Route 66 and near Interstate 55, offering excellent connectivity to nearby major cities. The city is approximately 25 miles from Bloomington, 45 miles from Springfield, and 150 miles from Chicago. This location provides easy access for travelers and supports consistent demand from both leisure and business traffic. Route 66 passes through Atlanta, Illinois, home to key landmarks like the the World’s Largest Covered Wagon. The town also features the Atlanta Public Library and the Route 66 Memory Museum. Atlanta celebrates its Route 66 heritage with an annual festival, car shows, live music, and local food. Murals and signage highlight the town's connection to the iconic highway, offering a nostalgic stop for travelers.

Atlanta benefits from its proximity to larger cities with significant employment opportunities. In the nearby Bloomington-Normal area, major employers include State Farm Insurance Corporate Headquarters (23.0 miles), with over 14,000 employees headquartered in Bloomington, and Rivian Automotive (26.5 miles), which operates a 2.6 million-square-foot manufacturing facility employing over 6,000 workers. These organizations contribute significantly to the regional economy, supporting consistent business travel.

The region’s healthcare infrastructure includes facilities like Carle BroMenn Medical Center (22.5 miles) in Normal, which offers 221 beds and specializes in orthopedics, cardiology, and surgical care. OSF St. Joseph Medical Center (22.9 miles) in Bloomington, with 149 beds, provides advanced medical and surgical services. These hospitals attract patients, families, and healthcare professionals, driving steady hotel demand.

The Bloomington-Normal area features reputable higher education institutions such as Illinois State University (22.7 miles), which enrolls over 20,000 students and offers majors in education, business, and science. Heartland Community College (25.6 miles), with more than 5,000 students, specializes in workforce development programs.

The Trail Inn is strategically located near a variety of attractions that can drive consistent visitor demand. Within a mile, guests can explore the Atlanta Coal Mine Museum, Atlanta Public Museum, and the J.H. Hawes Grain Elevator Museum, offering a rich experience of local history. Also within a mile of the property, The American Giants Museaum tells the story of the kitschy and quirky "Muffler Man/Bunyan Giant" statues that sprang up in the 1960's as advertising gimmicks across the USA. Today, they are some of the most popular attractions for tourists traveling Historic Route 66. Just a short distance away, Route 66 Park offers additional outdoor activities. For those seeking more entertainment, Arcadia: America’s Playable Arcade Museum, located 5.2 miles away, is a major draw for gaming enthusiasts.

Investment Highlights

  • Route 66 Icon
  • Proximity to Major Employers
  • Nearby Healthcare & Education
  • Attractions
  • Strategic Access
  • Recent Capital Expenditures

Exclusively Listed By

Financing By

Hotel-Motel

The Trail Inn

Listing Price: $795,000

Cap Rate
20.15%
Number of Rooms
36
RevPAR
$24
Price/Room
$22,083
RRM
2.55
Year Built
1995

Investment Highlights

  • Route 66 Icon
  • Proximity to Major Employers
  • Nearby Healthcare & Education
  • Attractions
  • Strategic Access
  • Recent Capital Expenditures

Investment Overview

As the exclusive representative of the seller, Marcus & Millichap's Hospitality Division is pleased to present for sale to qualified investors The Trail Inn (‘Hotel’ or ‘Property’) located in Atlanta, Illinois. The independent hotel is offered at $795,000 or $22,084 per key. The Trail Inn is a one-story hotel with 36 rooms, located at 103 Empire Street in Atlanta, Illinois. The Hotel is visible and accessible just off Interstate 55, which sees an annual average daily traffic of just over 23,000 vehicles. Various common area amenities at the Property include lobby area with seating, guest laundry facility, and ample parking. The current ownership has taken great pride in maintaining and enhancing the property, investing over $275,000 in a range of improvements. These updates include the renovation of furniture, flooring, and PTAC units, as well as the replacement of the fire alarm system, mag-lock entry, and a complete repainting of both rooms and common areas, alongside numerous other projects. Atlanta is strategically positioned along historic Route 66 and near Interstate 55, offering excellent connectivity to nearby major cities. The city is approximately 25 miles from Bloomington, 45 miles from Springfield, and 150 miles from Chicago. This location provides easy access for travelers and supports consistent demand from both leisure and business traffic. Route 66 passes through Atlanta, Illinois, home to key landmarks like the the World’s Largest Covered Wagon. The town also features the Atlanta Public Library and the Route 66 Memory Museum. Atlanta celebrates its Route 66 heritage with an annual festival, car shows, live music, and local food. Murals and signage highlight the town's connection to the iconic highway, offering a nostalgic stop for travelers. Atlanta benefits from its proximity to larger cities with significant employment opportunities. In the nearby Bloomington-Normal area, major employers include State Farm Insurance Corporate Headquarters (23.0 miles), with over 14,000 employees headquartered in Bloomington, and Rivian Automotive (26.5 miles), which operates a 2.6 million-square-foot manufacturing facility employing over 6,000 workers. These organizations contribute significantly to the regional economy, supporting consistent business travel. The region’s healthcare infrastructure includes facilities like Carle BroMenn Medical Center (22.5 miles) in Normal, which offers 221 beds and specializes in orthopedics, cardiology, and surgical care. OSF St. Joseph Medical Center (22.9 miles) in Bloomington, with 149 beds, provides advanced medical and surgical services. These hospitals attract patients, families, and healthcare professionals, driving steady hotel demand. The Bloomington-Normal area features reputable higher education institutions such as Illinois State University (22.7 miles), which enrolls over 20,000 students and offers majors in education, business, and science. Heartland Community College (25.6 miles), with more than 5,000 students, specializes in workforce development programs. The Trail Inn is strategically located near a variety of attractions that can drive consistent visitor demand. Within a mile, guests can explore the Atlanta Coal Mine Museum, Atlanta Public Museum, and the J.H. Hawes Grain Elevator Museum, offering a rich experience of local history. Also within a mile of the property, The American Giants Museaum tells the story of the kitschy and quirky "Muffler Man/Bunyan Giant" statues that sprang up in the 1960's as advertising gimmicks across the USA. Today, they are some of the most popular attractions for tourists traveling Historic Route 66. Just a short distance away, Route 66 Park offers additional outdoor activities. For those seeking more entertainment, Arcadia: America’s Playable Arcade Museum, located 5.2 miles away, is a major draw for gaming enthusiasts.

Exclusively Listed By

Financing By

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