Market Street Inn
Taylorville, IL
Offered for sale at $750,000
Delightful Vintage B&B in Taylorville, Illinois
$ 750,000
This 7,100 sq ft architectural masterpiece was built in 1892, a George Barber Design #143 in the classic Queen Anne Victorian style, blessed with intricate woodwork, pocket doors, and style details. Taylorville, Illinois, the county seat, population 13,000, about 29 miles from the state capital of Illinois, with a National Registry town square just 2 blocks from inn, picturesque, family-oriented atmosphere rich in the history and heritage of Abraham Lincoln. With its classic wrap-around porch to welcome guests and 8 guest rooms, all with either gas or electric fireplaces and en-suite baths, this 12 year Select Registry former member inn provides many of the guest rooms with double whirlpool tubs, uniquely appointed.
The second building, an 1899 full brick 2,000 sq. ft. Carriage House with a Grand Deluxe Suite — 550 sq ft and an ADA approved suite — 425 sq ft. LOFT APARTMENT on 2nd floor: 2 bed room 1 bath apartment (leased on an annual basis @ 840.00 / mo) is included in this offering.
Taylorville also enjoys several corporations providing this inn with year-round, mid-week business. With a high level of repeat visitors over the past 30 years, this inn has a large dining room, two large parlors (one of which can double as an additional dining room if desired), large owners quarters (addition built in 2003) and recently renovated kitchen with granite counter-tops and spacious work areas. The large owners’ quarters includes a HUGE private bedroom, office space (which could also serve as a 2nd bedroom), bath with whirlpool tub and separate shower, oodles of storage and easy access to the hub of the inn.
A separate Carriage House, currently with two suites and a rentable long-term apartment with a 1 year lease, is included in this listing..
Great location, location, location! Great historical Inn! Great owners’ quarters! Great business! Great price! What more could any future innkeeper ask for?
Current owners did a startup in 1994 and are really ready to retire. New, fresh faces and savvy social media marketing would really help this property.
So if the Bed &Breakfast of your dreams is a historic district inn, with architectural interest, potential for additional growth, area attractions galore, and having strong business activity and occupancy, this is a Must See!
PRICE $ 750,000
Contact Myrna for a tour
217-827-3435
Property Details- 10 Guest Rooms
- 10 Guest Room Baths
- Has Owner's Quarters
- Built in 1892
- Last Renovated in 2003
- Opened in 1994
- Building is 9,100 SQFT
- Lot is 0.5 Acres
- Photo Gallery
- Property Website
Financial Details- Offered for sale at $750,000
- Occupancy Rate: 28% annual
- Average Daily Rate: $144.57
- Annual revenue is $117,538
- Terms: Pre-pandemic figures. Turnkey, financially viable. Website is mobile responsive. On-line reservation via Think Software (19 yrs data). New roof 2020
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