New $199,000 · 0.095± Acres

Pope County

Turnkey Short-Term Rental Duplex In Golconda, IL

128 West Decatur Street Golconda, IL 62938

Media

Description

Located in the historic river town of Golconda, Illinois, River Roost Lodging offers an opportunity to purchase an established, fully furnished short-term rental property in the heart of Southern Illinois. Situated at 128 West Decatur Street, this duplex features two independently operated rental units, an established booking history, additional income from an existing sign lease, and a convenient location near the Ohio River, Golconda Marina, and the recreational attractions of the Shawnee National Forest. The property combines an existing lodging operation with the opportunity to continue serving visitors to the region. Built in 2016, the duplex features two separate rental units, each offering two bedrooms and one bathroom. The building contains approximately 896 square feet of total living space, according to the appraisal, and is situated on a 0.095± acre corner lot. Each unit is furnished and equipped for short-term rental use, providing accommodations for visitors traveling to the area for hunting, fishing, outdoor recreation, work assignments, or a weekend getaway. The duplex features vinyl siding, a composition roof, slab construction, electric forced-air heating, and central air conditioning. Each unit has its own covered porch, providing outdoor space for guests to relax after a day exploring the surrounding area. Gravel parking provides convenient access to the property, while public water and sewer service add to the functionality of the rental operation. River Roost Lodging has an established history of accommodating guests through Airbnb, VRBO, and direct reservations. The two units operate with separate booking calendars, allowing each side to be rented independently. This arrangement provides flexibility for accommodating different groups and managing guest turnover throughout the year. The property is being offered as a furnished, established lodging business. Included in the sale are the furniture and furnishings in both units, the River Roost Lodging name, logo, branding, listing content, property photographs, booking calendar, and existing guest relationships. The transfer of any third-party booking platform accounts is subject to the respective platform's policies. An additional feature of the property is an existing sign lease that generates $250 per month, or $3,000 annually. This lease transfers with the sale and provides an income source separate from overnight lodging reservations. River Roost has an established rental history, with reported gross income of $27,261 in 2021 and $21,699 in 2022, the latter including estimated income for January and February. More recent operating records are also available. A detailed financial overview, including historical rental income, operating expenses, and additional information about the business, can be provided to qualified buyers upon request. Historical financial performance is not a guarantee of future results. The property's location in Golconda places it near several of Southern Illinois' recreational destinations. The Ohio River and Golconda Marina provide access to boating and fishing opportunities, while the surrounding Shawnee National Forest region is known for its scenic landscapes, hiking trails, and outdoor recreation. The area's deer and turkey hunting opportunities also attract visitors during hunting seasons. The combination of river recreation, public land, and seasonal hunting activity provides several potential sources of lodging demand throughout the year. River Roost's existing rental history reflects its use as a lodging destination for visitors to the region. For buyers interested in an investment property, the duplex offers the flexibility of two independently rentable units within a single building. The established furnishings, existing branding, historical booking activity, and local management experience provide a foundation for continued operation. A buyer may also explore different rental strategies based on individual investment goals and applicable local requirements. The property has historically been managed locally, with guest communication, cleaning coordination, and turnovers handled by a local property manager. Any future management arrangement would be negotiated separately by the purchaser. With its furnished accommodations, established rental history, additional sign lease income, and location near the Ohio River and Shawnee National Forest, River Roost Lodging offers an opportunity to acquire an existing short-term rental business in Southern Illinois. Whether continuing the current lodging operation or exploring other rental arrangements, this Golconda duplex provides a combination of residential improvements, established business assets, and recreational-area appeal.


Summary

Address

128 West Decatur Street

Golconda, IL 62938

Pope County

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Approximate Distances

35 mi Paducah
48 mi Marion
165 mi St. Louis, MO
172 mi Nashville, TN

Property

Property Type
Commercial Land, Residential Land
Road Frontage
State Highway
Road Surface
Blacktop/Asphalt

Utilities

electric
Onsite
sewer
Onsite
water
Onsite

Details

  • Established River Roost Lodging short-term rental property
  • Located at 128 West Decatur Street, Golconda, Illinois
  • Duplex constructed in 2016
  • Two independently rentable units
  • Each unit features 2 bedrooms and 1 bathroom
  • Approximately 896 square feet of total living space per appraisal
  • Fully furnished accommodations
  • Furniture and furnishings included in sale
  • Covered porch at each unit
  • Vinyl siding and composition roof
  • Slab construction
  • Electric forced-air heating and central air conditioning
  • Public water and sewer
  • Approximately 0.095± acre corner lot
  • Gravel parking
  • Established short-term rental history
  • Historical reservations through Airbnb, VRBO, and direct bookings
  • Separate booking calendars for each unit
  • River Roost Lodging name, branding, and marketing materials included
  • Existing booking calendar and guest relationships included
  • Additional sign lease generating $3,000 annually; sign lease transfers with sale
  • Historical financial overview available upon request
  • Established local property management history
  • Near the Ohio River and Golconda Marina
  • Convenient to Shawnee National Forest recreational opportunities
  • Area attractions include hunting, fishing, hiking, and boating
  • Opportunity to continue an established lodging operation
  • Members of the owner are licensed real estate agents


Other

Housing

#1 Home
4BD / 2BA / 0HB
896± sqft
Built in 2016

Coordinates

37.3693, -88.4878

Annual Taxes

$3,274

Chad Wilkinson

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