Existing Motel Redevelopment
1400 N Lafayette St, Macomb, IL 61455
For Sale
$925,000
Former motel improvements support rehabilitation or a new development concept along a commercial corridor.
Property Size35,438 SF
Lot Size5.50 Acres
Price / SF$26.10
Days on Market96
Property Features for 1400 N Lafayette St
General Information
Standard status
Size
Lot size
Property subtype
Additional Details
Road Access
Building Details
Year Built
Listing Agency:
Mel Foster Co. Commercial
Listed By:
Nick Roman · License #S7386000
(563) 549-8924
Source:
Illianahomesource
Added: Aug 6
Changed: Nov 1
Last Checked: Nov 8 at 7:34AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Mel Foster Co. Commercial
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Investment Insights
Based on property information with market context.
This approximately 5.5-acre property includes an existing motel facility that is no longer operating. Built in 1968, the improvements can be rehabilitated and repositioned or replaced through a new development concept, subject to applicable approvals.
The property is located at 1400 N Lafayette St in Macomb, Illinois, along Route 67. Macomb is home to Western Illinois University, with university-related activity involving students, faculty, visitors, sporting events, parents, and the surrounding community.
The property is located at 1400 N Lafayette St in Macomb, Illinois, along Route 67. Macomb is home to Western Illinois University, with university-related activity involving students, faculty, visitors, sporting events, parents, and the surrounding community.
Key Highlights
- Approximately 5.5 acres along Route 67
- Existing motel facility is no longer operating
- 1968 construction year
Property Analytics
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
111
Businesses Nearby
Well-served
Demand for This Use
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Business Placement
Demographics for 61455, IL
17,630
Population
8,682
Households
2
Avg Household Size
32
Median Age
39%
College-Educated
95%
High-School Grad
162.5 sq mi
ZIP Area
108
Density / Sq Mi
$45,048
Median Household Income
$19,778
Median Earnings
$739
Median Rent
$117,900
Median Home Value
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Similar Off Market Nearby
- Super 8 by Wyndham Macomb — 313 W University Dr, Macomb, IL 61455
- Bankim Corporation — 313 W University Dr, Macomb, IL 61455
- Macomb Park District — 1406 N Randolph St, Macomb, IL 61455
- Quality Inn Macomb near University Area — 1646 N Lafayette St, Macomb, IL 61455
Frequently Asked Questions
What type of property is this?
Motel - Former motel improvements support rehabilitation or a new development concept along a commercial corridor.
Where is this motel located?
The property is located at 1400 N Lafayette St Macomb, IL.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: Approximately 5.5 acres along Route 67; Existing motel facility is no longer operating; 1968 construction year
