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Champaign, IL Hotels for Sale

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Super 8 Hotel with Manager's Quarters
Updated: Apr 11
Super 8 Hotel with Manager's Quarters

202 W Marketview Dr, Champaign, IL 61820

Contact for pricing
60‑room hotel with interior‑corridor configuration
Two‑bedroom manager’s quarters included
Served by Interstate 57 and Interstate 74
Minutes from the University of Illinois at Urbana‑Champaign
Near Marketplace Mall, Assembly Hall, and Memorial Stadium
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 1 Active listings in Champaign, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 11 Off-Market properties to explore as potential leads, plus 2 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

MainStay Suites Extended-Stay Hotel
MainStay Suites Extended-Stay Hotel

3185 S DIRKSEN PKWY, Springfield, IL 62703

Contact for pricing
63,172 sqft

A 109-suite lodging property operating under the Choice Hotels flag in Springfield’s established hospitality market.

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42-Unit Hotel with Interior Corridors
42-Unit Hotel with Interior Corridors

360 Eastgate Dr, Danville, IL 61834

Contact for pricing
30,584 sqft

Two-story hospitality property with on-site manager’s quarters and a 2023 Baymont conversion.

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Turnkey Hotel with Updated Rooms
Turnkey Hotel with Updated Rooms

610 E Springfield Rd, Arcola, IL 61910

Contact for pricing

Turnkey 40-room hotel with recently updated interior finishes and a maintenance-free metal roof.

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Best Western Hotel with Indoor Pool
Best Western Hotel with Indoor Pool

3440 E Clear Lake Ave, Springfield, IL 62703

Contact for pricing

Updated guest amenities include an indoor pool, exercise room, and breakfast area.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Commercial Land Near Sports Complex
Commercial Land Near Sports Complex

2995 County Road 1400 E, Rantoul, IL 61866

$563,000
5.63 AC lot

Development parcel positioned near Interstate 57 and the Rantoul Family Sports Complex.

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Commercial Land in Development Area
Commercial Land in Development Area

2990 County Road 1400 E, Rantoul, IL 61866

$4,000,000
40.00 AC lot

A substantial tract positioned near a sports complex and Interstate 57 within a larger planned development area.

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Off-Market Properties in Champaign, IL

Consider similar Off-Market properties in Champaign, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

602 Marketview Dr
HOTEL

602 Marketview Dr, Champaign, IL 61822-1212

$3,700,000
Estimated value
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610 Marketview Dr
HOTEL

610 Marketview Dr, Champaign, IL 61822-1212

$530,000
Estimated value
View details
115 Church St
HOTEL

115 Church St, Champaign, IL 61820-4054

$18,250,000
Estimated value
View details
1417 Neil St
HOTEL

1417 Neil St, Champaign, IL 61820-6529

Value Estimation by Request
View details
1807 Moreland Blvd
HOTEL

1807 Moreland Blvd, Champaign, IL 61822-1223

$620,000
Estimated value
View details
1811 Moreland Blvd
HOTEL

1811 Moreland Blvd, Champaign, IL 61822-1223

$670,000
Estimated value
View details
2013 Neil St
HOTEL

2013 Neil St, Champaign, IL 61820-7219

$11,050,000
Estimated value
3.21 AC lot
View details
1702 State St
HOTEL

1702 State St, Champaign, IL 61820

Value Estimation by Request
View details
1900 Ctr Dr
HOTEL

1900 Ctr Dr, Champaign, IL 61820-7821

$4,630,000
Estimated value
View details
1917 Moreland Blvd
HOTEL

1917 Moreland Blvd, Champaign, IL 61822-1390

$440,000
Estimated value
1.63 AC lot
View details
1212 Anthony Dr
HOTEL

1212 Anthony Dr, Champaign, IL 61821-1203

$855,000
Estimated value
View details

Champaign, IL Hotels Market Trends and Statistics

Explore 12 hotels for sale in Champaign, IL on our real estate platform.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Hotels 1

Demographics Overview

Population 96K
Population Growth (5Y) +1.5%
Median Household Income $62,086
College Educated 42.5%

Taxes & Financing

Tax Rate (average for all types) 8.86%
Property Tax per SF $37.00 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Champaign County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Champaign fall within the 100,000+ square foot range.

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