Financial
Distress signals
Property profile

1606 Fayette Ave Effingham, IL 62401

OFF-MARKET
Other commercial real estate
Property ID
US28-5175959
23,044 SF 1.23 ac lot
Last sale Dec 2025 · $1,760,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The Ramada by Wyndham Effingham property is a two-story hotel in Effingham, Illinois located at 1606 W. Fayette Avenue. It contains 53 guest rooms and includes amenities and support facilities such as a heated indoor pool, banquet and meeting areas, a fitness center, breakfast space, guest laundry, and vending facilities. Parking is provided for buses, trucks, and recreational vehicles. The hotel is positioned with immediate access to Interstate 57 and Interstate 70. The surrounding area

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$19k
Tax billed · 2023
Assessed value$275k
Assessed land$67k
Assessed improvement$208k
Effective rate6.81%

Value estimate

· Sep 2026
$1.62M
$1.45M – $1.78M
AI approach$1.61M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$70/SF
ZIP average, outlier-cleaned · 127 recorded sales of this use type
Observed band · Q1–Q3$30 – $107

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionEFFINGHAM

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply15.1
HVAC Service11.2
Wholesale Shop10.6

Location

1606 Fayette Ave Effingham, IL 62401-1917
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
401 4th, Effingham, IL 62401-3367 $408,000 Feb 2026 6,048 SF
709 Wabash, Effingham, IL 62401-2605 $11,800,000 Jan 2026 33,927 SF
711 Fayette, Effingham, IL 62401-3602 $230,000 Dec 2025 12,858 SF
1613 Banker, Effingham, IL 62401 $97,500 Dec 2025 7,540 SF
1304 Evergreen, Effingham, IL 62401-1631 $3,650,000 Jun 2025 27,988 SF
915 Fayette, Effingham, IL 62401 $400,000 Jun 2025 15,231 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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