Motel

Vandalia, IL Motels for Sale

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Mulberry Grove, IL Vernon, IL Ramsey, IL
Three-Story Mixed-Use Building
Updated: Mar 19
Three-Story Mixed-Use Building

612 W Gallatin Street, Vandalia, IL 62471

$800,000
20,700 sqft · 0.53 AC lot
1924 three‑story downtown building with approx. 20,000+ sq ft total and about 6,900 sq ft per floor
Building previously operated as a motel and later as efficiency apartments before a fire
Elevator provides access from the basement through the 3rd floor; two sets of stairs serve all 4 levels
Brick construction with forced‑air heating and wall unit(s) cooling
Concrete floor system with pour thickness noted: 1st floor 19", 2nd floor 15", 3rd floor 11"
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Vandalia, 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.

Versatile Buchanan Commercial Property For Sale
Versatile Buchanan Commercial Property For Sale

15575 HWY 79N, Buchanan, TN 38222

$1,250,000
12,000 sqft · 2.00 AC lot

Commercial property with multiple revenue streams near Kentucky Lake.

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Turn-Key 40-Unit Motel
Turn-Key 40-Unit Motel

1100 NIEDRINGHAUS AVE, Granite City, IL 62040

$1,200,000
13,860 sqft · 1.00 AC lot

Operating 40-room motel offering guest amenities including Wi-Fi, air conditioning, and extended-stay kitchenette suites.

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Super 8 Hotel Investment
Super 8 Hotel Investment

O Fallon, IL 62269

$5,250,000
26,653 sqft

Lucrative hospitality investment opportunity in O'Fallon, Illinois.

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Mixed-Use Property Near Paris Landing
Mixed-Use Property Near Paris Landing

15555 Highway 79 N, Buchanan, TN 38222

$1,500,000
12,038 sqft

Motel, gas station, restaurant near Kentucky Lake.

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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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Development Land Near I-55
Development Land Near I-55

6000 South 6th Street Frontage Road East, Springfield, IL 62712

$550,000

Commercial land available near I-55, suitable for development.

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Commercial Land Corner Lot
Commercial Land Corner Lot

6842 Highway O, Catawissa, MO 63015

$380,000
3.64 AC lot

Highly visible commercial corner site with utilities to the property and a current permit 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

3.6 acres suitable for multiple commercial uses.

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Vandalia, IL Motels Market Trends and Statistics

Explore 1 motels for sale in Vandalia, IL on our real estate platform. These investment opportunities span a total of 20,700 square feet of properties for sale, with an estimated market value of $800,000.

Sale prices for motels in Vandalia, IL start at $800,000, averaging $800,000, and reaching up to $800,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Motels 1

Demographics Overview

Population 10K
Population Growth (5Y) -0.5%
Median Household Income $58,810
College Educated 26.9%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
62471 $800K

Taxes & Financing

Tax Rate (average for all types) 8.24%
Tax Rate vs County Average 1.02 pp above county avg
Average Loan-to-Value 65.0%

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