Effingham, IL
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    Effingham, IL Residential Income Properties for Sale

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    Motel 6/Studio 6
    $4,000,000
    20,965 SF

    Motel 6/Studio 6

    1412 W Fayette Ave, Effingham, IL 62401

    Motel 6/Studio 6 – Effingham, IL

    • 104 units with 65 Motel 6 & 39 Studio 6
    • 2023 room revenue: $1,237,877
    • July 2024 TTM room revenue: $1,766,993
    • Effingham is located at the crossroads of Interstate 70 and Interstate 57
    • Available truck parking
    Updated: Jan 28, 2025
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    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Effingham, 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.

    Student Housing Community Opportunity
    Contact for pricing

    Student Housing Community Opportunity

    Three neighboring student housing communities near Eastern Illinois University.

    965 4th St, Charleston, IL 61920
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    Furnished Duplex in Centralia, IL
    $65,000

    Furnished Duplex in Centralia, IL

    Furnished duplex with rental income potential in Centralia, Illinois.

    404 N BEECH Street, Centralia, IL 62801
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    Rental Sites on 16 Acres
    Contact for pricing
    16.11 Acres

    Rental Sites on 16 Acres

    129 total rental sites with value-add potential.

    1350 S Brookside Ave, Centralia, IL
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    Income-Producing Multifamily Property Near EIU
    $160,000

    Income-Producing Multifamily Property Near EIU

    Two income properties near Eastern Illinois University, ideal for rentals.

    1103 & 1105 6th St., Charleston, IL 61920
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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.

    Residential Land in Witt, IL
    Contact for pricing
    0.48 Acres

    Residential Land in Witt, IL

    Corner lot suitable for building in a residential area.

    504 N Stuart Street, Witt, IL 62094
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    Robinson, IL Vacant Double Lot
    Contact for pricing
    0.25 Acres

    Robinson, IL Vacant Double Lot

    Vacant double lot suitable for duplex or apartment construction.

    814 N. Robb St., Robinson, IL 62454
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    Tuscola Land For Sale
    Contact for pricing

    Tuscola Land For Sale

    Corner lot near downtown, suitable for commercial or residential use.

    206 S Washington Street, Tuscola, IL 61953
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    Pocahontas Land in Highland District
    $62,000
    2.06 Acres

    Pocahontas Land in Highland District

    2+ acre lot in Highland School District with utilities.

    4612 Kay Lynn Lot 14 Drive, Pocahontas, IL 62275
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    Effingham, IL Residential Income Properties Investment Opportunities Market Analysis

    Explore 1 residential income properties for sale in Effingham, IL on our real estate platform. These investment opportunities span a total of 20,965 square feet of properties for sale, with an estimated market value of $4,000,000.

    Sale prices for residential income properties in Effingham, IL start at $4,000,000, averaging $4,000,000, and reaching up to $4,000,000 — 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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