Short Term Rental

Decatur, IL Short Term Rental Properties for Sale

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Macon, IL Forsyth, IL Mount Zion, IL Mt Zion, IL Oreana, IL Dalton City, IL Cerro Gordo, IL Blue Mound, IL
Operating Motel with 19 Units
Updated: Apr 11
Operating Motel with 19 Units

3420 N 22nd St, Decatur, IL 62526

Contact for pricing
1.57 AC lot
Operating Tri‑Manor Motel with 19 units and a lobby
Located on a 1.57‑acre parcel along Illinois Route 48
Property includes an on‑site manager and is currently in operation
Manager‑reported rental rates: $50 per night and $250 per week
Current assessed Fair Market Value is $253,000
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See what stands out in Macon County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Decatur, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Mixed-Use Building with Rooftop Bar
Mixed-Use Building with Rooftop Bar

140 Washington Sq, Washington, IL 61571

$4,900,000
10,510 sqft

Renovated hospitality and residential spaces combine restaurant, brew pub, rooftop, and short-term rental uses.

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Restaurant and Residential Building
Restaurant and Residential Building

10 E CHESTER ST, Champaign, IL 61820

Contact for pricing
7,000 sqft

Two-level property combines an established restaurant with a large two-bedroom residential unit.

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Mixed-Use Building with Rooftop Bar
Mixed-Use Building with Rooftop Bar

140 Washington Square, Washington, IL 61571

$4,900,000
0.11 AC lot

Brick downtown property combines restaurant, brew pub, rooftop bar, and four short-term rental units.

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Updated Two-Unit Duplex
Updated Two-Unit Duplex

917 W Washington Street, Champaign, IL 61821

$300,000
0.13 AC lot

Two-bedroom units with private parking, outdoor areas, and a single-car garage support flexible residential use.

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Decatur, IL Short Term Rental Properties Market Trends and Statistics

Explore 1 short term rental properties for sale in Decatur, IL on our real estate platform.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Apartment buildings 8
Quadplexes 1
Short term rental properties 1
Triplexes 1

Demographics Overview

Population 79K
Population Growth (5Y) -14.5%
Median Household Income $56,571
College Educated 16.3%

Taxes & Financing

Average Loan-to-Value 65.0%

Property Size Breakdown

The majority of commercial real estate listings in Decatur fall within the 100,000+ square foot range.

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