Add listing
    Danville, IL
    Motel

    Danville, IL Motels for Sale

    Notify Me
    List
    Map
    Tilton, IL Bismarck, IL Westville, IL Oakwood, IL Catlin, IL Perrysville, IN Georgetown, IL Covington, IN
    34-Room Motel with Expansion Land
    Updated: Aug 17
    34-Room Motel with Expansion Land

    1824 E Main St, Danville, IL 61832

    $500,000
    20,077 sqft 0.92 AC lot
    34 exterior‑entry guest rooms
    Three parcels totaling approximately 0.92 acres, including two vacant parcels
    On‑site 3‑bedroom apartment
    New roof installation backed by warranty
    Zoned B1 Neighborhood Business
    View details
    See hot listings in Danville

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
    Est. NOI available after sign in
    Local Demand available after sign in
    1 active listing matches your search: Motel for sale in Danville, IL. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Historic Motel Near Lake Macatawa
    Historic Motel Near Lake Macatawa

    1159 S Shore Drive, Holland, MI 49423

    $1,850,000
    6,000 sqft 0.80 AC lot

    The property includes monthly rental accommodations, a garage apartment, and a private residence.

    View details
    37-Room Exterior-Corridor Motel
    37-Room Exterior-Corridor Motel

    9112 S Cottage Grove Avenue, Chicago, IL 60619

    Burnside
    $2,199,000
    12,000 sqft  0.42 acres  2-story  Built 1971
    Highway access  B3-2 Commercial

    Two-story lodging property with central air, main-level parking, and B3-2 Commercial zoning.

    View details
    Historic Motel with Monthly Rentals
    Historic Motel with Monthly Rentals

    1159 S Shore Drive, Holland, MI 49423

    $1,850,000
    0.80 AC lot

    The property combines motel accommodations with a garage apartment and a private residence.

    View details
    Independent Limited-Service Motel
    Independent Limited-Service Motel

    1140 W 95th St, Chicago, IL 60643

    Brainerd
    $3,500,000

    Independent limited-service motel with a 24-hour front desk, weekly housekeeping, and on-site parking.

    View details

    Danville, IL Motels Market Trends and Statistics

    Explore 1 motels for sale in Danville, IL on our real estate platform. These investment opportunities span a total of 20,077 square feet of properties for sale, with an estimated market value of $500,000.

    Sale prices for motels in Danville, IL average $500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Hotels 1
    Motels 1

    Demographics Overview

    Population 42K
    Population Growth (5Y) -11.4%
    Median Household Income $52,334
    College Educated 20.4%

    High-Yield Neighborhoods for Investment

    Identify Danville submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    61832 $500K

    Taxes & Financing

    Tax Rate (average for all types) 9.28%
    Tax Rate vs County Average 0.11 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Vermilion County

    New Delisted

    Property Size Breakdown

    The majority of commercial real estate listings in Danville fall within the 10,000 to 25,000 square foot range.

    How Realmo verifies these figures

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Popular Searches in Danville, IL

    Popular Categories

    Most Searched ZIP Codes in Danville, IL

    • 61832
    Why this one?

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!