1824 E Main Street Danville, IL ^$ 600,000

1824 E Main Street

^$ 600,000

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1824 E Main Street

Danville, IL, 61832

^$ 600,000

Studio Baths0.0

Monthly Estimate*

^$ 4,191

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Studio

Commercial Property for sale in Danville, IL

for $600,000.

Looking for commercial real estate that can provide instant returns? Are you a first-time investor and are looking for a "safe" investment? Look no further, this is the listing for you! Located in Danville, IL, right off of I-74, this well-maintained quaint motel holds endless possibilities. In addition to 33 rooms, there is also a 3-bedroom apartment on site which is included in the price. The asking price is $649,000 and the 2023 revenue is expected to be $200,000. Don't miss out on this wonderful opportunity. Call for a showing today!

Commercial Active

Price

^$ 600,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 3,509

Style

Hotel/Motel

Town/City

Danville

County/Region

Vermilion

MLS | Web ID

11867441

Features

General

Cooling Space Pac

Possession Closing

Zoning COMMR

Electric Service - 101 to 200 Amps

Stories 2

Tax Year 2022

Business Type Hotel/Motel

Business Name AMERICAN INN

County Vermilion

Operating Expense 0

Property Type Business Opportunity Bus / Bus w/Real Est

Status Active

Directions Drive to E Main St in Danville Turn left onto S Bowman Ave Turn right onto E Main St The destination will be on the right

City Danville

MLS Area Danville

Lot Size Square Feet 0

Street Name Main

Tax Annual Amount 3509

Additional Parcels Y/N N

Virtual Tour https://tours.illini360.com/1824-E-Main-St/idx

Days on Market 168

Standard Status Active

Exterior

Building Area Total 0

Lot Dimensions 0000

Interior

Street Suffix Street

* Excluded Features

List By

Bhhs Central Illinois, Realtors

Broker

airfan@bhhscir.com

Affordability Calculator

$4,484

Per Month

Monthly Principal & Interest: $4,191
Monthly Property Taxes: $292
Monthly Home Insurance: --

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Loan Term

Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Danville, IL

Average List Price ^$699,950

Percent of Sale Price 17%

About Danville, IL

30,920 Population

-8% Since 2002

^$37,904 Median Income

37.26 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/30/2024	$600,000	-7.55%	Price Down
8/24/2023	$649,000		Listed Price

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1824 E Main Street, Danville, IL, 61832 is a Commercial Property for sale at $600,000. 1824 E Main Street is a studio with 0.0 baths. The property's zip code is 61832 which is in Danville, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

http://www.mredllc.com/comms/resources/DMCA_Notice.pdf

Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 4/28/2024.

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1824 E Main Street

Commercial Property for sale in Danville, IL

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