Short Term Rental

Decatur, IL Short Term Rental Properties for Sale

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Operating Motel with 19 Units
Updated: Apr 11
Operating Motel with 19 Units

3420 N 22nd St, Decatur, IL 62526

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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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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.

Two-Story Mixed-Use Commercial Building
Two-Story Mixed-Use Commercial Building

902 North Main Street, Princeton, IL 61356

$309,000
5,005 sqft

Two-story commercial building with floor-to-ceiling front windows, multiple interior partitions, and two rental units on the second floor.

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Two-Story Mixed-Use Commercial Building
Two-Story Mixed-Use Commercial Building

902 N Main Street, Princeton, IL 61356

$299,000
0.11 AC lot

Two-story building with updated roof, rooftop HVAC, and second-floor rental units, one currently operating as an Airbnb.

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Downtown St. Louis Multifamily Lofts
Downtown St. Louis Multifamily Lofts

315 N 10th St, St., Louis, MO 63101

$2,500,000

Value-add multifamily investment opportunity in downtown St. Louis.

View details
Downtown St. Louis Multifamily Investment
Downtown St. Louis Multifamily Investment

800 S 7th St, St., Louis, MO 63101

$5,000,000

Value-add multifamily property with income and short-term rental potential.

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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. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $0.00.

Sale prices for short term rental properties in Decatur, IL start at $0.00, averaging $0.00, and reaching up to $0.00 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Apartment buildings 3
Mobile home & RV parks 1
Short term rental properties 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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