Motel

Flora, IL Motels for Sale

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Operating Motel Property
Updated: Apr 24
Operating Motel Property

8290 Old Highway 50, Flora, IL 62839

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2.39 AC lot
Operating motel on 2.39 acres with 15 income‑producing guest units across two single‑story motel wings
Additional rental income includes a duplex with two living quarters plus a charming cabin
Spacious owner’s residence with 2–3 bedrooms, 1–2 baths, large living room with fireplace, full kitchen, jacuzzi tub, Florida room, and patio
Guest amenities include a large lobby, laundry and supply area, attached carport, and detached garage
Recent updates include newer roofs and LED exterior lighting
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Flora, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

American Inn Motel For Sale
American Inn Motel For Sale

1824 E Main Street, Danville, IL 61832

$500,000
0.92 AC lot

34-room motel with development potential in Danville, Illinois.

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34-Room Exterior-Entry Motel
34-Room Exterior-Entry Motel

1824 E Main Street, Danville, IL 61832

$500,000
0.92 AC lot

Operating hospitality property with guest rooms, an on-site apartment, and additional land along East Main Street.

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21-Room All-Brick Motel
21-Room All-Brick Motel

720 Gochenour Street, Vandalia, IL 62471

$399,900

Maintained guest rooms, a covered arrival overhang, and an accessible utility tunnel support the existing layout.

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39-Unit Red Roof Inn Motel
39-Unit Red Roof Inn Motel

1800 S Decker Rd, Vincennes, IN 47591

Contact for pricing

Two-building motel offers 39 air-conditioned rooms with an indoor pool and breakfast café.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Prime Commercial Land I-55 Access
Prime Commercial Land I-55 Access

6000 S 6th Street Frontage Road, Springfield, IL 62702

$550,000
1.63 AC lot

1.63 acre commercial land near I-55 in Springfield, IL.

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Commercial Land with Road Frontage
Commercial Land with Road Frontage

3711 Olivet Church Road, Paducah, KY 42001

$799,000

6.81 acres with 155 feet of road frontage plus on-site buildings, offering flexibility for multiple development concepts.

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High-Visibility Commercial Development Land
High-Visibility Commercial Development Land

6842 Highway O, Catawissa, MO 63015

$380,000
3.64 AC lot

Corner commercial land with utilities to the site and present permission for a 17,000 SF building.

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High Visibility Land For Sale
High Visibility Land For Sale

6842 Hwy O, Catawissa, MO 63015

$380,000
158,558 sqft 3.60 AC lot

3.6 acres suitable for multiple commercial uses.

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Flora, IL Motels Market Trends and Statistics

Explore 1 motels for sale in Flora, IL on our real estate platform.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

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Demographics Overview

Population 6,215
Population Growth (5Y) -2.9%
Median Household Income $54,241
College Educated 25.9%

Taxes & Financing

Tax Rate (average for all types) 7.84%
Property Tax per SF $1.43 per SF
Tax Rate vs County Average 0.02 pp below county avg
Average Loan-to-Value 65.0%

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