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Lacon, IL Motels for Sale

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13-Unit Motel Fixer
Updated: Apr 12
13-Unit Motel Fixer

1355 E State Route 17, Lacon, IL 61540

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2.00 AC lot
2‑acre hospitality property with 13 units
Two‑bedroom, two‑bath residence with full basement
Large bar, restaurant, and clubhouse areas requiring work
Space available for parking or expansion
Overlooks Marshall County airport
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Lacon, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Operating Motel with 19 Units
Operating Motel with 19 Units

3420 N 22nd St, Decatur, IL 62526

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1.57 AC lot

Operating Tri-Manor Motel offers 19 units with a lobby on a 1.57-acre parcel along Illinois Route 48.

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79-Room Airport Motel
79-Room Airport Motel

1701 J David Jones Pkwy, Springfield, IL 62702

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4.00 AC lot

Closed hospitality property with two buildings near Abraham Lincoln Capital Airport.

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101-Room Motel with Interstate Access
101-Room Motel with Interstate Access

6011 S 6th St, Springfield, IL 62712

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Three-story lodging property with lobby seating, guest laundry, and parking for buses or large trucks.

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25-Unit Motel with Manager Quarters
25-Unit Motel with Manager Quarters

16 S Country Club Rd, Decatur, IL 62521

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Motel includes onsite owner-manager living quarters and sits across from Lake Decatur and Devon Amphitheater.

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Lacon, IL Motels Market Trends and Statistics

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

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Demographics Overview

Population 2,700
Population Growth (5Y) -2.5%
Median Household Income $74,519
College Educated 24.4%

Taxes & Financing

Average Loan-to-Value 65.0%

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