Single-Unit Hotel
For Sale
Contact for pricing
3920 HOSPITALITY LN, Decatur, IL 62521
Hotel property with M-1 zoning and a single-unit configuration.
Property Size11,404 SF
Price / SF$350.75
Days on Market8
Property Features for 3920 HOSPITALITY LN
General Information
Standard status
Active
Size
11,404 SF
Total Parking Spaces
71
Property subtype
Hospitality
Zoning
M-1
Occupancy
70%
Investment Type
Value Add
Net Operating Income
$384,257
Building Details
Year Built
2000
Stories
3
Units
1
Listing Agency:
Bang Realty
(888) 737-2264
Listed By:
Brian Brockman · License #BRK.200900214
Source:
Crexi
Added: Aug 23
Changed: Aug 29
Last Checked: Aug 29 at 6:54PM
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 Bang Realty
Investment Insights
Based on property information with market context.
This hotel property contains 11,404 square feet and was constructed in 2000. The asset is configured as one unit and carries M-1 zoning.
Located at 3920 Hospitality Ln in Decatur, Illinois, the property is identified as a hospitality asset within the city.
Located at 3920 Hospitality Ln in Decatur, Illinois, the property is identified as a hospitality asset within the city.
Key Highlights
- 11,404‑square‑foot hotel property
- Single‑unit configuration
- M‑1 zoning
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
50
Businesses Nearby
Explore this area
Business Placement
Demographics for 62521, IL
33,793
Population
16,169
Households
2.1
Avg Household Size
44
Median Age
22%
College-Educated
91%
High-School Grad
66.0 sq mi
ZIP Area
512
Density / Sq Mi
$66,848
Median Household Income
$41,945
Median Earnings
$857
Median Rent
$119,900
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Hotel - Hotel property with M-1 zoning and a single-unit configuration.
Where is this hotel located?
The property is located at 3920 HOSPITALITY LN Decatur, IL.
What is the asking price?
The asking price for this property is $4,000,000.
What are key features of this property?
This property features: 11,404‑square‑foot hotel property; Single‑unit configuration; M‑1 zoning
