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    Two-Story Hotel with Banquet Rooms
    Updated: Apr 11
    Two-Story Hotel with Banquet Rooms

    920 W Lincoln Ave, Charleston, IL 61920

    Contact for pricing
    40,100 sqft 3.84 AC lot
    3.84‑acre hotel property with 40,100 square feet
    77 guest rooms in a two‑story, non‑franchised hotel
    Banquet rooms, restaurant, bar, fitness room, and upscale lobby
    2018 renovations improved condition and reduced effective age
    Maid closets on each floor plus first‑floor central laundry
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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 5 Potential Opportunities for your consideration. Besides 1 Active listings in Charleston, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Special Purpose
    Special Purpose

    770 Apple Orchard Road, Springfield, IL 62703

    Contact for pricing
    19,169 sqft 2.16 AC lot

    Hotels · 19,169 SF

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    Single-Unit Hotel Property
    Single-Unit Hotel Property

    3920 HOSPITALITY LN, Decatur, IL 62521

    Contact for pricing
    11,404 sqft

    Hotel property with M-1 zoning and a single-unit configuration.

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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.

    View details

    Charleston, IL Hotels Market Trends and Statistics

    Explore 1 hotels for sale in Charleston, IL on our real estate platform. These investment opportunities span a total of 40,100 square feet of properties for sale.

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    Demographics Overview

    Population 21K
    Population Growth (5Y) -13.7%
    Median Household Income $54,229
    College Educated 50.7%

    Taxes & Financing

    Tax Rate (average for all types) 8.14%
    Tax Rate vs County Average 0.46 pp above county avg
    Average Loan-to-Value 65.0%

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