Ramada by Wyndham Hotel with Indoor
For Sale
Contact for pricing
1606 W Fayette Ave, Effingham, IL 62401
Branded lodging property with meeting facilities, fitness amenities, and convenient access to two interstate routes.
Property SizeContact for details
Days on Market141
Property Features for 1606 W Fayette Ave
General Information
Standard status
Active
Property subtype
Hospitality
Additional Details
Highway Access
Yes
Amenities
heated indoor pool
banquet and meeting space
fitness center
breakfast area
guest laundry
vending facilities
Building Details
Stories
2
Listing Agency:
Marcus & Millichap - Dallas
(972) 755-5200
Listed By:
Derek Schuster · License #685656
Source:
Crexi
Added: Apr 13
Changed: Aug 31
Last Checked: Aug 31 at 2:21AM
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 Marcus & Millichap - Dallas
Investment Insights
Based on property information with market context.
Ramada by Wyndham Effingham is a two-story hotel with 53 guest rooms and a range of on-site facilities. The property includes a heated indoor pool, banquet and meeting areas, a fitness center, breakfast space, guest laundry, vending facilities, and parking for buses, trucks, and recreational vehicles. Its brand affiliation is with Wyndham.
The hotel is located at 1606 W. Fayette Avenue in Effingham, Illinois, with immediate access to Interstate 57 and Interstate 70. Nearby employment and institutional demand drivers include HSHS St. Anthony’s Memorial Hospital, Heartland Dental, Flex-N-Gate, FedEx Ground, Lake Land College, and Eastern Illinois University. Local attractions include The Cross at the Crossroads, the Effingham Performance Center, Lake Sara, Tuscan Hills Winery, and My Garage Museum. The property recorded 2024 RevPAR penetration of 53%.
The hotel is located at 1606 W. Fayette Avenue in Effingham, Illinois, with immediate access to Interstate 57 and Interstate 70. Nearby employment and institutional demand drivers include HSHS St. Anthony’s Memorial Hospital, Heartland Dental, Flex-N-Gate, FedEx Ground, Lake Land College, and Eastern Illinois University. Local attractions include The Cross at the Crossroads, the Effingham Performance Center, Lake Sara, Tuscan Hills Winery, and My Garage Museum. The property recorded 2024 RevPAR penetration of 53%.
Key Highlights
- 53‑room, two‑story Ramada by Wyndham hotel
- Heated indoor pool, fitness center, and breakfast area
- Banquet and meeting facilities included
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
313
Businesses Nearby
Explore this area
Business Placement
Demographics for 62401, IL
19,408
Population
8,688
Households
2.2
Avg Household Size
42
Median Age
29%
College-Educated
94%
High-School Grad
103.9 sq mi
ZIP Area
187
Density / Sq Mi
$76,098
Median Household Income
$43,051
Median Earnings
$722
Median Rent
$195,800
Median Home Value
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Frequently Asked Questions
What type of property is this?
Hotel - Branded lodging property with meeting facilities, fitness amenities, and convenient access to two interstate routes.
Where is this hotel located?
The property is located at 1606 W Fayette Ave Effingham, IL.
What are key features of this property?
This property features: 53‑room, two‑story Ramada by Wyndham hotel; Heated indoor pool, fitness center, and breakfast area; Banquet and meeting facilities included
