Listing Agency: Matthews

Listed By: Deep Dave · License #475.210076

Source: Crexi

Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 2:20AM

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Investment Insights

Based on property information with market context.

The hotel includes 60 remodeled guest rooms along with a fitness center, gaming slot machines, and a bar. The improvements are positioned on 5.46 acres, providing a substantial site for the existing hospitality operation.

Located at 2200 S Court St in Grayville, Illinois, the property sits directly off Interstate 64 and approximately 3 miles from the Indiana border. Its setting places the hotel along a cross-state travel route serving motorists moving between Illinois and Indiana.

Key Highlights

• 60 remodeled guest rooms
• Fitness center included
• Gaming slot machines on site

Property Analytics

Property Profile

Current Use

Quality Inn Hotel & Motel

Suggested Use

Top Pick Building Supply Auto Repair Shop (Bike/Boat/Book/etc) Store Butcher Parking Lot & Garage Grocery & Convenience Store

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

Location Intelligence

Trade Area within ½ mile

39

Businesses Nearby

5k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Dining 79% Hotels & Casinos 21%

SUBWAY Dining

2,330 visits/mo 0.2 miles

Guadalajara Dining

1,555 visits/mo 0.2 miles

Super 8 Grayville Hotels & Casinos

1,010 visits/mo 0.2 miles

Demographics for 62844, IL

1,930

Population

936

Households

2.1

Avg Household Size

48

Median Age

13%

College-Educated

88%

High-School Grad

46.8 sq mi

ZIP Area

41

Density / Sq Mi

$49,659

Median Household Income

$33,663

Median Earnings

$646

Median Rent

$81,900

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

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Frequently Asked Questions

What type of property is this?

Hotel - Remodeled lodging property with a fitness center, gaming slot machines, and an operating bar.

Where is this hotel located?

The property is located at 2200 S Court St Grayville, IL.

What are key features of this property?

This property features: 60 remodeled guest rooms; Fitness center included; Gaming slot machines on site