Hotel

Danville, IL Hotels for Sale

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42-Unit Hotel with Interior Corridors
Updated: Apr 8
42-Unit Hotel with Interior Corridors

360 Eastgate Dr, Danville, IL 61834

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30,584 sqft
42‑unit hotel with 30,584 square feet
Two‑story building constructed in 1995
Baymont conversion completed in 2023
Interior corridors and refreshed infrastructure
On‑site manager’s quarters included
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Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Danville, 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.

Clarion Pointe Hotel
Clarion Pointe Hotel

6 Traders Circle, Normal, IL 61761

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58,974 sqft 2.20 AC lot

Guest amenities include an indoor pool, breakfast area, and business center.

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Marriott-Branded Extended-Stay Hotel
Marriott-Branded Extended-Stay Hotel

9765 Crosspoint Boulevard, Indianapolis, IN 46256

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55,526 sqft

Extended-stay hotel with renovations underway and a scheduled Property Improvement Plan completion in 2026.

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120-Room Hotel with Pool
120-Room Hotel with Pool

9347 Delegates Row, Indianapolis, IN 46240

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Renovated hotel with a seasonal outdoor pool, elevator, and a mix of exterior- and interior-corridor guest access.

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114-Room Hyatt Place Hotel
114-Room Hyatt Place Hotel

200 Broadway, Normal, IL 61761

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An interior-corridor configuration serves the hotel’s lodging operation in Normal.

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Danville, IL Hotels Market Trends and Statistics

Explore 1 hotels for sale in Danville, IL on our real estate platform. These investment opportunities span a total of 30,584 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Hotels 1
Motels 1

Demographics Overview

Population 42K
Population Growth (5Y) -11.4%
Median Household Income $52,334
College Educated 20.4%

Taxes & Financing

Tax Rate (average for all types) 9.28%
Tax Rate vs County Average 0.11 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Vermilion County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Danville fall within the 10,000 to 25,000 square foot range.

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