34-Room Motel with Expansion
For Sale
$500,000
1824 E Main Street, Danville, IL 61832
Business Opportunity, Danville, IL
Property SizeContact for details
Lot Size0.92 Acres
Days on Market178
Property Features for 1824 E Main Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
COMMR
Directions
Drive to E Main St in Danville Turn left onto S Bowman Ave Turn right onto E Main St The destination will be on the right
Subdivision
Danville
Standard status
Active
APN
23101160260000
Lot size
0.92 Acres
Taxes and HOA fees
Tax Year
2023
Tax Annual Amount
3922
Building Details
Floors in Building
2
Listing Agency:
MoHall Commercial & Urban Development
Listed By:
Moses Hall · License #471019687
(312) 826-9925
Added: Apr 2
Changed: Aug 20
Last Checked: Sep 26 at 11:06AM
MLS# 12608763
Copyright © 2026 Midwest Real Estate Data, LLC. 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.
The American Inn is an operating motel with 34 exterior-entry guest rooms and an on-site 3-bedroom apartment. The property includes three parcels totaling 0.9238 acres, with two vacant parcels providing additional land beyond the existing motel improvements. A recently installed roof is backed by a warranty.
The property is located at 1824 E Main Street along U.S. Route 136 in Danville, Illinois, minutes from Interstate 74. The surrounding corridor includes the VA Illiana Health Care System, Danville Area Community College, and Golden Nugget Danville Casino. The motel serves transient travelers, extended-stay guests, workforce lodging, and visiting families.
The site is positioned within Danville’s Campus Corridor TIF District. Its combination of existing hospitality improvements, apartment space, and undeveloped parcels supports continued motel operations while retaining room for future expansion or redevelopment.
The property is located at 1824 E Main Street along U.S. Route 136 in Danville, Illinois, minutes from Interstate 74. The surrounding corridor includes the VA Illiana Health Care System, Danville Area Community College, and Golden Nugget Danville Casino. The motel serves transient travelers, extended-stay guests, workforce lodging, and visiting families.
The site is positioned within Danville’s Campus Corridor TIF District. Its combination of existing hospitality improvements, apartment space, and undeveloped parcels supports continued motel operations while retaining room for future expansion or redevelopment.
Key Highlights
- 34 exterior‑entry guest rooms
- Three parcels totaling 0.9238 acres
- On‑site 3‑bedroom apartment
Property Analytics
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Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
301
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 61832, IL
32,878
Population
16,390
Households
2
Avg Household Size
40
Median Age
17%
College-Educated
90%
High-School Grad
27.3 sq mi
ZIP Area
1,204
Density / Sq Mi
$45,264
Median Household Income
$37,288
Median Earnings
$805
Median Rent
$78,400
Median Home Value
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Similar Off Market Nearby
- VAMC Danville — 230 State St, Danville, IL 61832
- American Inn Motel — 1824 E Main St #107, Danville, IL 61832
Frequently Asked Questions
What type of property is this?
Motel - Operating exterior-entry motel with an on-site apartment and additional parcels along Danville’s East Main Street corridor.
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: 34 exterior‑entry guest rooms; Three parcels totaling 0.9238 acres; On‑site 3‑bedroom apartment
