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    Mount Vernon, IL
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    Mount Vernon, IL Hotels for Sale

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    Vernon, IL Opdyke, IL Bluford, IL Woodlawn, IL Bonnie, IL Dix, IL Waltonville, IL Texico, IL
    101-Room Hotel with Rebranding Flexibility
    Updated: Jan 26
    101-Room Hotel with Rebranding Flexibility

    221 Potomac Blvd, Mount Vernon, IL 62864

    Contact for pricing
    56,700 sqft
    101‑room hotel with 56,700 SF of building area
    Built in 1998
    Currently closed and available for a new operating concept
    Offered without brand or management encumbrances
    Fee simple interest offered
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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 6 Potential Opportunities for your consideration. Besides 1 Active listings in Mount Vernon, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

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

    Remodeled Mixed-Use Building
    Remodeled Mixed-Use Building

    1051 S Wall St, Carbondale, IL 62901

    $795,000
    13,999 sqft

    Brick-and-concrete property combines retail space, storage areas, and boutique lodging accommodations.

    View details
    Former 89-Room Hotel for Sale
    Former 89-Room Hotel for Sale

    2710 W Deyoung St, Marion, IL 62959

    Contact for pricing
    47,280 sqft

    Fee simple interest in an 89-room former Hampton Inn is being offered in an upcoming receiver sale auction.

    View details
    100-Key Holiday Inn Express Hotel
    100-Key Holiday Inn Express Hotel

    2300 Reed Station Pkwy, Carbondale, IL 62901

    Contact for pricing
    67,105 sqft

    Lender-owned hotel within the BPL Planned Business District, constructed in 2006.

    View details
    Quality Inn Marion, IL
    Quality Inn Marion, IL

    2600 W Main St, Marion, IL 62959

    Contact for pricing
    60,000 sqft

    Quality Inn conveniently located off U.S Highway 57.

    View details

    Off-Market Properties in Mount Vernon, IL

    Consider similar Off-Market properties in Mount Vernon, 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.

    Wls Byp Ln
    Restaurants

    0 Wls Byp Ln, Mount Vernon, IL 62864

    Value Estimation by Request
    12.00 AC lot
    View details

    Mount Vernon, IL Hotels Market Trends and Statistics

    Explore 2 hotels for sale in Mount Vernon, IL on our real estate platform. These investment opportunities span a total of 56,700 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

    Demographics Overview

    Population 23K
    Population Growth (5Y) -2.2%
    Median Household Income $58,082
    College Educated 29.2%

    Taxes & Financing

    Tax Rate (average for all types) 8.51%
    Property Tax per SF $51.70 per SF
    Tax Rate vs County Average 0.11 pp above county avg
    Average Loan-to-Value 65.0%

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