Ramada by Wyndham Effingham 1606 W Fayette Ave Services hôteliers 53 chambres À vendre Effingham, IL 62401

Auction Dates: Sept 8 - Sept 10, 2025 - Starting Bid: $650,000
As the exclusive representative of the seller, Marcus & Millichap's Hospitality Division is pleased to present for sale to qualified investors the Ramada by Wyndham Effingham (‘Hotel’ or ‘Property’) located in Effingham, Illinois. The Wyndham Hotels & Resorts-branded Hotel is being auctioned on September 8-10, 2025. Please contact the listing agent for more information.
The Ramada by Wyndham Effingham is a two-story hotel with 53 rooms, located at 1606 W. Fayette Avenue in Effingham, Illinois. The Hotel is accessible from Interstate 57 and Interstate 70. Various common area amenities at the Property include a heated indoor pool, gift shop, banquet facilities, fitness center, meeting room, breakfast area, on-site coin laundry, vending/ice machines, and bus/truck/RV parking.
In 2024, the hotel achieved a RevPAR (Revenue Per Available Room) penetration rate of 53 percent. This performance presents a compelling opportunity for potential investors to implement targeted management strategies aimed at enhancing occupancy rates, thereby driving increased cash flow and overall asset valuation.
Effingham, Illinois presents a compelling opportunity for hotel investment, offering a strategic location at the intersection of Interstates 57 and 70. This high-traffic crossroads ensures visibility and accessibility for both travelers and regional commerce. Supported by key infrastructure including the Effingham County Memorial Airport (4.9 miles) and two major rail lines—CSX and Canadian National—the area is a natural logistics and hospitality hub for central Illinois and beyond.
The local economy is notably diverse and resilient. Major employers such as Heartland Dental (3.7 miles), one of the largest dental support organizations in the nation, contribute to a strong professional services sector. Flex-N-Gate (2.9 miles), a top-tier automotive supplier, highlight the area’s robust manufacturing and agri-processing presence. Stevens Industries (4.5 miles) and Effingham Technology Center (4.0 miles) further reinforce the industrial and tech landscape, while FedEx Ground and Quad Graphics (3.8 miles) contribute to the city’s distribution and logistics strength. Additional regional employers include Beck’s Hybrids (2.2 miles), a leading agricultural seed company, and Effingham Machining & Assembly Components, Inc. (1.5 miles), a key player in the production of suspension components and brackets for the automotive industry. These companies not only support local employment but also drive consistent business travel into the area.
Healthcare and education serve as significant economic drivers. HSHS St. Anthony’s Memorial Hospital (1.2 miles) anchors the medical sector, and the addition of the 40,000-square-foot Sarah Bush Lincoln Healthcare Clinic is poised to expand access and regional draw. These facilities bring in patients, providers, and visiting professionals, all of whom require lodging. On the education front, Lake Land College (26.6 miles) maintains a local campus, while Eastern Illinois University (39.2 miles) is within commuting distance. These institutions attract a steady flow of students, families, and event attendees. For air travel needs beyond general aviation, Coles County Memorial Airport (MTO), located 33.4 miles away, offers additional regional connectivity.
Recreational amenities and cultural attractions help sustain tourism throughout the year. The Cross (2.0 miles)—a 198-foot steel monument—draws more than 200,000 visitors annually and is accompanied by a welcome center that details its massive construction and religious significance. The Effingham Performance Center (2.1 miles), with a seating capacity of over 1,500, hosts a broad range of live entertainment, from nationally touring musicians to local theatrical productions. For outdoor enthusiasts, Lake Sara (6.9 miles) offers over 800 acres of water and surrounding parkland ideal for kayaking, fishing, and family picnics, while Trail Recreation Effingham County (TREC) (1.2 miles) provides 30 miles of scenic multi-use trails for hiking and biking. Automotive fans can explore My Garage Museum at Mid America Motorworks (5.1 miles), home to unique automotive memorabilia and rare vehicles. Wine lovers are drawn to Tuscan Hills Winery (5.8 miles), a family-owned destination that features local reds and whites in a picturesque vineyard setting. Complemented by the Effingham Park District (2.5 miles) and its extensive network of sports complexes and wellness facilities, as well as regional points of interest like the Dr. Charles M. Wright Mansion (13.8 miles) and Ballard Nature Center (9.7 miles), these attractions collectively enhance the city’s draw for overnight visitors, weekend travelers, and event-driven tourism.
Municipal leadership has demonstrated a proactive approach to growth through incentive programs and infrastructure investments. The city participates in the Effingham Enterprise Zone, which provides tax abatements and sales tax exemptions for qualifying developments. In 2025, the city was awarded a $373,500 RISE (Research in Illinois to Spur Economic Recovery) grant to implement a Housing and Economic Recovery Plan that will enhance workforce housing and support continued population growth. Additionally, the ongoing $21.8 million reconstruction of Fayette Avenue is expected to improve east-west traffic flow and commercial access across the city.