American Inn Motel 3 biens | À vendre | 560 930 € | Danville, IL

MoHall Commercial & Urban Development presents the exclusive opportunity to acquire the American Inn Motel, a strategically positioned, income-producing hospitality asset located at 1824 E Main Street in Danville, Illinois. This rare offering includes a 33-room motel, an on-site three-bedroom apartment, and two adjacent vacant land parcels, all totaling approximately 0.92 acres in a designated TIF (Tax Increment Financing) District, making it a compelling value-add play for both short-term yield and long-term development.

This value-add property sits on three parcels zoned B1 Neighborhood Business, offering investors flexibility to operate as-is or explore multiple exit strategies including expansion, rebranding, or mixed-use redevelopment. Recent capital improvements, including a brand-new roof with transferable warranty, provide a solid foundation for continued performance.

Strategically located on East Main Street (U.S. Route 136), just minutes from Interstate 74, the American Inn Motel is well-positioned to capture traffic from Danville’s strongest economic anchors. The property is located near the VA Illiana Health Care System, a major regional employer and destination for veterans and medical staff; Danville Area Community College (DACC), which draws student, athletic, and academic lodging needs; and the newly opened Golden Nugget Danville Casino, a $100M development that is expected to accelerate tourism, job creation, and regional visitation. As a regional hub with an emerging tourism base, Danville presents a strategic, underserved market with upward momentum.

The motel reported $249,320 in gross income in 2023, up from $199,793 in 2022—a 25% year-over-year increase. With room rates ranging from $65–$85/night, consistent occupancy from transient, extended-stay, and workforce guests, and the added benefit of on-site owner’s quarters, this asset is well-positioned for investors seeking steady in-place income with room to grow. Future ownership can unlock significant upside through OTA integration (Expedia, Booking.com), operational efficiencies, light room renovations, or leveraging the TIF District incentives for redevelopment or repositioning. This fantastic opportunity is perfect for owner-operators, hotel investors, 1031 exchange buyers, and developers.