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.
Saved · see the list in your Dashboard
Market Trends Soon

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 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 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1606 Fayette Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message