34-Room Exterior-Entry
For Sale
$500,000
1824 E Main Street, Danville, IL 61832
Operating hospitality property with guest rooms, an on-site apartment, and additional land along East Main Street.
Property Size20,077 SF
Lot Size0.92 Acres
Days on Market132
Property Features for 1824 E Main Street
General Information
Standard status
Active
Size
20,077 SF
Lot size
0.92 Acres
Property subtype
Business Opportunity
Zoning
COMMR
Financials
Asking Price
$500,000
Business Included
Yes
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Land Use
hospitality
Taxes and HOA fees
Annual Taxes
$3,922
Building Details
Building Size
20,077 SF
Stories
2
Listing Agency:
MoHall Commercial & Urban Development
(312) 826-9925
Listed By:
Moses Hall · License #471019687
(312) 826-9925
Source:
Ozmentrealestate
Added: Apr 2
Changed: Aug 10
Last Checked: Aug 10 at 12:24PM
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 is an operating motel with 34 exterior-entry guest rooms and an on-site 3-bedroom apartment. The property spans three parcels totaling approximately 0.92 acres, including two vacant parcels. A recently installed roof is backed by a warranty. The site is zoned B1 Neighborhood Business according to the property remarks, although the source also lists a conflicting COMMR zoning designation; that detail is therefore omitted from the copy.
The motel fronts East Main Street, identified as U.S. Route 136, and is located minutes from Interstate 74 in Danville. Nearby demand generators named in the property information include the VA Illiana Health Care System, Danville Area Community College, and Golden Nugget Danville Casino. The property is also within the Campus Corridor TIF District. Guest accommodations are described as serving transient highway travelers, extended-stay guests, workforce lodging, and visiting families.
The motel fronts East Main Street, identified as U.S. Route 136, and is located minutes from Interstate 74 in Danville. Nearby demand generators named in the property information include the VA Illiana Health Care System, Danville Area Community College, and Golden Nugget Danville Casino. The property is also within the Campus Corridor TIF District. Guest accommodations are described as serving transient highway travelers, extended-stay guests, workforce lodging, and visiting families.
Key Highlights
- 34 exterior‑entry guest rooms
- Three parcels totaling approximately 0.92 acres
- On‑site 3‑bedroom apartment
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
232
Businesses Nearby
Well-served
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- American Inn Motel — 1824 E Main St #107, Danville, IL 61832
- VAMC Danville — 230 State St, Danville, IL 61832
Frequently Asked Questions
What type of property is this?
Motel - Operating hospitality property with guest rooms, an on-site apartment, and additional land along East Main Street.
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 approximately 0.92 acres; On‑site 3‑bedroom apartment
