Listing Agency: Hometown Real Estate / Pioneer Land Company Show Phone

Listed By: Megan Wilson Show Phone

Added: Jan 2, 2024 Changed: Sep 4 Last Checked: Sep 8 at 2:06AM

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MLS# 11234669

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This hotel property occupies a 2-acre site within city limits and includes 24 guest rooms, a lounge, and a private room formerly used as a gaming room. A separate two-bedroom apartment adds a full kitchen and residential-style living space to the existing improvements.

The property fronts Highway 106 and is located near Interstate I-72. Beds, linens, and washer/dryers are available for negotiation, providing an option to include selected operating contents with the sale.

Key Highlights

• 24 guest rooms on a 2‑acre hotel property
• Two‑bedroom apartment with full kitchen
• Lounge plus private room formerly used as a gaming room

Property Analytics

Property Profile

Current Use

Hotels

Suggested Use

Top Pick Building Supply Real Estate Agency Big Box & Wholesale Store Auto Parts Store HVAC Service Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes

Highway access

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

119

Businesses Nearby

Explore this area Business Placement

Demographics for 62312, IL

2,017

Population

776

Households

2.6

Avg Household Size

43

Median Age

14%

College-Educated

89%

High-School Grad

93.4 sq mi

ZIP Area

22

Density / Sq Mi

$66,221

Median Household Income

$33,714

Median Earnings

$566

Median Rent

$96,400

Median Home Value

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this hotels located? What is the asking price? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Hotel - Hotel property with guest accommodations, lounge space, and a separate apartment featuring a full kitchen.

Where is this hotel located?

The property is located at 142 Smith Barry, IL.

What is the asking price?

The asking price for this property is $400,000.

What are key features of this property?

This property features: 24 guest rooms on a 2‑acre hotel property; Two‑bedroom apartment with full kitchen; Lounge plus private room formerly used as a gaming room