(618) 267-3052
realtor phone number (618) 267-3052
agent realty Auction/Realty by Schackmann, Inc.
1602 Damron Effingham, Illinois 62401, EFFINGHAM , 62401
Listing ID: MRD11897193
Share
$3,500,000
Price
Built: 1998
Listed: 7 months ago
Quick Access
Photos
Video

Property Description

This property is a 72 unit, 2 building motel in Effingham. The property is located along Keller Dr. (Illinois route 32/33) and right off the I-57/70 interstate exit. Keller Drive is a main arterial road through Effingham and boasts high traffic counts. This area experiences over 40,000 vehicles passing on 57/70 exchange and a 19,000 a day on Keller Drive. Surrounding retailers include ALDI, Goodwill, Hobby Lobby, Keller Convention (Event) Center, Effingham Performance Center and a plethora of restaurants. Effingham has a trade area of over 35 miles. This location is a main throughfare of central Illinois. Effingham is 100 miles east of St. Louis, MO. 140 Miles west of Indianapolis, IN. and 200 miles south of Chicago, Il. This property has 68 rooms and 4 Suites, Breakfast area, Gym and a 3 bedroom, 4 full bath apartment on the top floor. This well established successful business is stil owned and operated by the original owner from 1987 to present.

House located at 1602 Damron Effingham, Illinois 62401. The property was built in 1998. Out of Area West , and are nearby neighbourhoods.
Show More keyboard_arrow_down
Listed by: Auction/Realty by Schackmann, Inc.

Mortgage Estimation Calculate Your Own

20% down payment
$12,263
per month
35% down payment
$9,964
per month
50% down payment
$7,664
per month

Estimated mortgage based on 2.7% on a 30 year amortization based on some lenders

roomvu is not liable for data estimates generated by computer modeling, which may not reflect exact market values

close
Rhea Huddlestun
(618) 267-3052

Here to help with your Real Estate inquiries

Rhea Huddlestun
(618) 267-3052
chat
Message
By sharing this listing, you have agreed with roomvu's terms and conditions of usage
$3,703.37
Monthly
$878,400
Total Mortgage
$219,600
Down Payment