Operating Motel with 34 Guest
1824 E Main Street Danville, IL 61832
For Sale
$500,000
Operating motel with 34 exterior-entry rooms, additional vacant parcels, and an on-site 3-bedroom apartment.
Lot Size0.92 Acres
Days on Market114
Property Features for 1824 E Main Street
General Information
- Standard status
- Active
- Lot size
- 0.92 Acres
- Property subtype
- Business Opportunity
Listing Agency:
MoHall Commercial & Urban Development
(312) 826-9925
Listed By:
Moses Hall · License #471019687
(312) 826-9925
Source:
Birdrealtysells
Added: Apr 2
Changed: Jul 23
Last Checked: Jul 23 at 3:09AM
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 MoHall Commercial & Urban Development
Investment Insights
Based on property information with market context.
The American Inn Motel is an operating hospitality property featuring 34 exterior-entry guest rooms. The site also includes an on-site 3-bedroom apartment and two vacant parcels, providing room for development or expansion alongside the existing motel improvements. The property has recently received a new roof installation with warranty coverage.
Located at 1824 E Main Street in Danville, Illinois, the motel sits along East Main Street (U.S. Route 136) and is minutes from Interstate 74. The property is in Danville’s Campus Corridor TIF District and is positioned near major demand drivers including the VA Illiana Health Care System and Danville Area Community College, with the recently opened Golden Nugget Danville Casino adding overnight visitation momentum.
For revenue performance, the motel reported gross income of $249,320 in 2023, up from $199,793 in 2022. The property is zoned B1 Neighborhood Business, offering flexibility for future repositioning or redevelopment.
Located at 1824 E Main Street in Danville, Illinois, the motel sits along East Main Street (U.S. Route 136) and is minutes from Interstate 74. The property is in Danville’s Campus Corridor TIF District and is positioned near major demand drivers including the VA Illiana Health Care System and Danville Area Community College, with the recently opened Golden Nugget Danville Casino adding overnight visitation momentum.
For revenue performance, the motel reported gross income of $249,320 in 2023, up from $199,793 in 2022. The property is zoned B1 Neighborhood Business, offering flexibility for future repositioning or redevelopment.
Key Highlights
- Operating American Inn Motel with 34 exterior‑entry guest rooms and gross income of $249,320 in 2023 (up from $199,793 in 2022)
- Three parcels totaling approximately 0.92 acres, including the motel improvements plus two vacant parcels for development or expansion
- On‑site 3‑bedroom apartment for owner occupancy or additional rental income
Property Analytics
Location Intelligence
Current Use by Public Records
American Inn Motel
Hotel & Motel
Ship Guy Auto ...
Trucking Company
Action Amusement
Big Box & Wholesale Store
Similar Off Market Nearby
- American Inn Motel — 1824 E Main St #107, Danville, IL 61832
- VAMC Danville — 230 State St, Danville, IL 61832
FAQs
What type of property is this?
Motel - Operating motel with 34 exterior-entry rooms, additional vacant parcels, and an on-site 3-bedroom apartment.
Where is this motel located?
The property is located at 1824 E Main Street Danville, IL.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Operating American Inn Motel with 34 exterior‑entry guest rooms and gross income of $249,320 in 2023 (up from $199,793 in 2022); Three parcels totaling approximately 0.92 acres, including the motel improvements plus two vacant parcels for development or expansion; On‑site 3‑bedroom apartment for owner occupancy or additional rental income
