Former Historic Hotel in Winchester — Sale in Winchester, IL

  • Price: $159K
  • Listing type: For sale
  • Asset type: Business
  • Location: Winchester, IL 62694
  • Size: 11,980 SF

Description

Historic Hotel on the square in Winchester. When completed will be called the Abraham Lincoln Hotel, to honor the memories of Lincoln & Douglas of the 1850's! Ready for rehabilitation to former glory, and better !! Considerable funds available through TIF district for this project, and possibly other City perks as well. Huge opportunity with great potential for this property. Conversion was going to be a "boutique" hotel with 9 rooms, a restaurant, gaming , gift shop, a separate bar area with stage, and a large outdoor patio for events and louging that were all approved for !! This could be a magnificent and profitable endeavor. New additions to the property 1600 SF on the south side and on the East side. See attached plans Building SF: 11980 | Land Size: 0.04 Ac | Listing Type: FOR SALE

Market Context

This commercial property in Winchester, IL is listed for sale at $159,000 across 11,980 SF ($13/SF). It has been on the market for 71 days. Compare it against other commercial property listings for sale in Winchester, IL — view the full market.

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