Spanning 374,200 square feet, the structure remains one of the largest hospitality assets in Central Illinois. Built in 1972, the building includes 369 guestrooms, 27 apartments, and an expansive 50,000-square-foot facility for conventions and events. The site also features a restaurant, fitness center, indoor pool, and a structured parking garage. Beyond the hotel operations, a rooftop communications lease provides a secondary revenue stream of over $12,000 per month.
Jamie Coté, senior director at Hilco Global, noted that the site’s scale and location near the Illinois State Capitol and the Abraham Lincoln Presidential Library make it a unique prospect for investors. The bankruptcy sale is being managed under the oversight of the U.S. Bankruptcy Court for the Western District of Texas, Case No. 5:26-bk-50689. Interested parties must submit their bids by 5:00 p.m. CT on September 15 via the Hilco Real Estate sales portal.
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