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1824 E Main Street, Danville, IL 61832
$600,000
1824 E Main Street, Danville, IL 61832View this property at 1824 E Main Street, Danville, IL 61832
1824 E Main StreetDanvilleIL61832
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Property Description
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!
Full Property Details
Full Property Details for 1824 E Main St
General
- Price: $600,000
- Taxes: $3,509 (2022)
- Status: Active
- Type: Business
- MLS ID: 11867441
- Updated: 2/6/2024
- Added to Site: 259 day(s) ago
Business
- Name: AMERICAN INN
- Business Type: Hotel/Motel
- Years in Business: 11 or More
Location
- Area: Danville
- County: Vermilion
- Driving 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
Heating & Cooling
- Cooling Type: SpacePak
- Heating Type: Wall Unit
Structural Information
- Stories/Levels: 2
Lot Features
- Lot Size Range: 1.0 to 1.99 Acres
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Tax Amount: $3,509
- Tax Year: 2022
Disclosures and Reports
- Property ID: 23101160260000
Listed by BHHS Central Illinois, REALTORS and Ryan Dallas Real Estate
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Schools
Schools serving 1824 E Main St
School District:Danville Community Consolidated School District 118
Rating | Name | Grades | Distance |
---|---|---|---|
200 S Kansas Ave, Danville, IL 61834 | K-5 | 0.7 mi | |
133 E 9th St, Danville, IL 61832 | 5-8 | 2.6 mi | |
202 E Fairchild St, Danville, IL 61832 | 9-12 | 1.8 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1824 E Main St
Date
Details
Price
Change
Source
1/30/2024
Price Reduced
$600,000
-7.55%
MLS
8/23/2023
Listed
$649,000
765.33%
MLS
9/24/2012
Sold
$75,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1824 E Main St
Year
Property Taxes
Change
Tax Assessment
Change
2021
$3,350
-5%
$30,553
-7%
2022
$3,509
8%
$32,998
12%
2020
$3,262
-2%
$29,520
1%
2019
$3,324
3%
$29,373
16%
2018
$3,226
—
$25,239
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1824 E Main St
1824 E Main Street, Danville, IL 61832 (MLS# 11867441) is a Business property. 1824 E Main Street is currently listed for $600,000 and was received on August 23, 2023. Want to learn more about 1824 E Main Street? Do you have questions about finding other Business real estate for sale in Danville? You can browse all Danville real estate or contact a Coldwell Banker agent to request more information.