| CREOP

Price Reduced: $725,000
25 Units + Owner/Manager Living Quarters – Ideal for first-time or owner-operator buyers
Prime Location – Directly across from Lake Decatur and the Devon Lakeshore Amphitheater
Significant Revenue Upside – Currently relies primarily on walk-in business with minimal online booking or OTA presence
Strong Demand Drivers – Lake visitors, amphitheater events, contractors, and regional travelers
Spacious Rooms – Approx. 350SF, larger than typical economy rooms
Solid Brick Construction – Built in 1962 for long-term durability and low maintenance
Recent Roof Improvements (March 2026) – Reducing near-term capital needs
Value-Add Opportunity – Increase ADR, expand online marketing, and capture additional demand

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.