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Peoria, IL Hotels for Sale

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Candlewood Suites Extended-Stay Hotel
Updated: Aug 24
Candlewood Suites Extended-Stay Hotel

5300 West Landens Way, Peoria, IL 61615

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83‑room Candlewood Suites extended‑stay hotel in Peoria, Illinois
Three‑story interior‑corridor design; built in 2007
Comprehensive renovation completed in 2023
Adjacent to the Shoppes at Grand Prairie with walkable retail and dining
Accessible to Interstate 74 via War Memorial Drive
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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 Peoria, 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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Branded 60-Room Hotel
Branded 60-Room Hotel

2721 69th Avenue Court, Moline, IL 61265

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41,244 sqft 1.19 AC lot

Three-story hospitality property near Moline Airport with on-site parking and a 2010 renovation.

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125-Room Hotel with Conference Space
125-Room Hotel with Conference Space

5450 27th Street, Moline, IL 61265

$2,850,000

Established hospitality property with guest amenities, meeting facilities, seasonal recreation, and on-site parking.

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

200 Broadway, Normal, IL 61761

Contact for pricing

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

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Peoria, IL Hotels Market Trends and Statistics

Explore 1 hotels for sale in Peoria, IL on our real estate platform.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

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Demographics Overview

Population 161K
Population Growth (5Y) -4.8%
Median Household Income $60,369
College Educated 13.0%

Taxes & Financing

Tax Rate (average for all types) 9.17%
Property Tax per SF $24.08 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Peoria County

New Delisted

Property Size Breakdown

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

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