1412 Fayette Ave, Effingham, IL 62401-1915
- Commercial real estate
- 41,731 SF
- 4.73 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 1412 Fayette Ave
- Lot size
- 4.73 lot acres
- Property type
- Commercial real estate
- APN
- 03-11-020-100
- APU
- 311020100
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Feb 10, 2026 | $2,950,000 | Laxminarayan 1 LLC | Rohlfing Management LLC | Warranty Deed | $2.4M · Shoreham Bank |
| Jan 27, 2026 | — | Rohlfing Management LLC | Bt Hospitality LLC | Quitclaim Deed · related | — |
| Apr 11, 2023 | — | Bt Hospitality LLC | — | Deed · related | $1.5M · Bank Of Hillsboro NA |
| Jul 30, 2021 | $950,000 | Bt Hosptality LLC | S & S United INC | Special Warranty Deed | $950k · First Western Sblc INC |
Description
This exceptional investment opportunity presents a dual-branded Motel 6 and Studio 6 property located in Effingham, Illinois, at 1412 W Fayette Ave, zip code 62401. The property boasts 104 keys spread across a two-story building constructed in 1975. The motel enjoys a prime location with high visibility from two signs, situated off a major interstate exit. Recent capital expenditures have significantly enhanced the property, including a complete renovation of all Studio 6 rooms to Gemini PIP standards. Other upgrades include partial roof replacement, parking lot sealant, exterior painting, new lobby counters, and exterior walkway repairs. The property features exterior walkways and a well-appointed lobby. Available truck parking adds to its appeal. Financially, the property demonstrates strong performance. Room revenue for 2023 reached $1,237,877, with trailing twelve-month (TTM) room revenue as of July 2024 totaling $1,766,993. The motel's strategic location at the crossroads of Interstates 70 and 57 ensures consistent traffic and high occupancy rates. This presents a compelling investment opportunity in a thriving hospitality market. The asking price for this well-maintained and upgraded property is $4,000,000. The property consists of 65 Motel 6 units and 39 Studio 6 units.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Effingham
- County
- Effingham
- State
- Illinois
- Longitude
- -88.5604
- Latitude
- 39.122
- CBSA code
- 20820
- CBSA name
- EFFINGHAM, IL MICROPOLITAN STATISTICAL AREA
