Geneva Land for Sale - Western East/West Corr

"1.2 acre zoned and annexed office building site located in Geneva. Neighbors include Walgreens, First Choice Bank, Oscar Swan Country Inn and a variety of professional offices and retail businesses. Site is zoned 17,800 square feet 2-story office development to complement the two medical buildings on either side of this site." "1.2 acre zoned and annexed office building site located in Geneva. Neighbors include Walgreens, First Choice Bank, Oscar Swan Country Inn and a variety of professional offices and retail businesses. Site is zoned 17,800 square feet 2-story office development to complement the two medical buildings on either side of this site." For Sale information please contact listing Broker.

Property Subtype:

Commercial

Date on Market:

2017-08-22

Burbank Specialty for Sale - Near South Cook

An established and highly regarded banquet and wedding venue, Martinique Banquets has been a premier destination for weddings, banquets, and special events on Chicago’s southwest side for many years. This beautifully maintained facility offers everything needed to host unforgettable events in a turnkey, revenue-generating operation. The proper ty features two elegant banquet rooms, on-site bakery (yes, they can even make your wedding cake!), and modern, fully equipped kitchen facilities. Spanning approximately 17,000 square feet , the building sits on a generous lot with ample parking and includes a lovely outdoor wedding garden—perfect for photos and ceremonies. The building is fully sprinklered and well-maintained throughout . Both the real estate and business—including all fixtures, furnishings, and equipment—are being sold together , offering an exceptional opportunity to acquire a successful, long-established venue with strong cash flow and a loyal clientele.

Property Subtype:

Lodge/Meeting Hall

Date on Market:

2025-12-16

Tinley Park Hospitality for Sale - Joliet/Central Will

Country Inn & Suites Tinley Park.

Property Subtype:

Hotel

Date on Market:

2025-12-10

Chester Land for Sale

Property Subtype:

Commercial

Date on Market:

2025-12-08

Justice Land for Sale - Near South Cook

Rare find. 3 premium lots on Roberts Road. 75 feet frontage. Prime location, zoned for business development. Zoning classification B-1 (business). Ideal for retail, office space, storage facility, including motel, restaurant, school, hall, liquor store, bowling alley, archery, commercial amusement. Proximity to dozens of businesses. Close to major, recently completed infrastructure development on highway I-294 Interchange at 88th Avenue & Cork Avenue highway (added entry and exit ramps) Close to Midway airport. Proximity to variety of businesses: convenience stores, gas stations, restaurants, repair shops, etc. 1 block from tri-state tollway I-294

Property Subtype:

Commercial

Date on Market:

2025-11-28

Burlington Retail for Sale - Western East/West Corr

For sale is the Art & Almas building. There are two apartments rented on the second level and one restaurant on the main level which is available to operate. Most of the building was updated: HVAC / Ducting / Carpeting / Paint / Mechanicals / Updated Roof / Tuckpointing / Replaced windows / Fully improved restaurant

Property Subtype:

Storefront Retail/Residential

Date on Market:

2025-11-12

Lebanon Office for Sale - Illinois

Three commercially zoned parcels with a 2,592 SF facility, full basement with a commercial kitchen, and a garage all on 213' frontage of Federal Aid Secondary 1780 highway near Historic downtown Lebanon. Currently houses the Lebanon Masonic Lodge but has potential for professional office space/place of worship, kitchen/dining hall/restaurant. Some street parking, a graveled parking area and a vacant lot for additional outdoor space.

Date on Market:

2025-10-21

Greenville Land for Sale - Bond County

Excellent location near I-70 at the Exit 45 interchange. Site has over 550 Feet of Frontage on Rt 127 and shares access with the Comfort Inn & Suites Hotel. All utilities On-Site Lot 1: 3.17 Acres for $225,000 Lot 2: 0.80 Acres for $40,000

Property Subtype:

Commercial

Date on Market:

2025-09-26

Peoria Hospitality for Sale - South Peoria

As the exclusive representative of the seller, Marcus & Millichap's Hospitality Division is pleased to present for sale to qualified investors the Baymont by Wyndham Peoria (“Hotel” or “Property”) located in Peoria, Illinois. The Wyndham Hotels & Resorts-branded Hotel is offered at $4,100,000 or $35,294 per key. The Baymont by Wyndham Peoria is a three-story hotel with 119 rooms, located at 2002 W War Memorial Drive in Peoria, Illinois, directly adjacent to Northwoods Mall and positioned off Interstate 74, providing exceptional accessibility and visibility to travelers. The property offers a comprehensive suite of amenities including a seasonal outdoor pool, barbeque grills, fitness center, breakfast area, business center, on-site guest laundry, and bus/truck/RV parking. The property includes an apartment suite with a living room and kitchen, currently used for staff quarters. Plus an additional room that can be used for extended stay or staff. Significant recent capital improvements have been completed, enhancing the property’s competitive positioning in the market. In 2023, a complete guestroom renovation totaling over $650,000 was executed, including new paint, luxury vinyl tile (LVT) flooring, upgraded furniture, lighting, window treatments, artwork, reglazed bathtubs, and new siding ($70,000 investment), with all first-floor siding replaced. Additionally, a new parking lot was completed in 2022 at a cost of $100,000, ensuring well-maintained, guest-friendly exterior conditions. The trailing twelve months, the hotel experienced a notable 4.8 percent increase in room revenue. This trend presents several advantages for potential buyers, including additional capital for renovations and enhanced cash flow. The hotel is attractively priced at a Room Revenue Multiplier of 2.80, offering investors a compelling opportunity to acquire the asset at a conservative valuation with significant upside potential. The property is also located 8.8 miles from General Wayne A. Downing Peoria International Airport and within minutes of key demand generators, including Bradley University (4.0 miles), Illinois Central College and Midstate College (4 miles), as well as major attractions such as The Doug Oberhelman Caterpillar Visitors Center (5.8 miles), the Peoria Riverfront Museum (5.9 miles), and the Illinois River Road National Scenic Byway, which offers outdoor recreational opportunities including hunting, fishing, hiking, and biking. In addition, a new casino development is planned for Peoria, with construction expected to begin in 2026, providing a future boost to local tourism and hospitality demand. Peoria, Illinois, is a dynamic and diversified economy that serves as a major hub for Central Illinois. The region benefits from the presence of Caterpillar Inc., a global leader in construction and mining equipment manufacturing, along with top-tier healthcare providers such as OSF Healthcare and UnityPoint Health, and educational institutions like Bradley University. These demand drivers create a strong and consistent base of business and extended-stay travelers. Tourism and leisure travel are further supported by Peoria’s cultural and recreational attractions, including the Peoria Civic Center, Peoria Zoo, Riverfront Museum, and seasonal festivals. With the upcoming casino development and ongoing infrastructure and economic development initiatives, Peoria’s hospitality sector is well-positioned for long-term growth.

Property Subtype:

Hotel

Date on Market:

2025-08-25

Vandalia Multifamily for Sale

With over 20,000+ sq ft this 1924 three story building has +/- 6900 Sq ft per floor. This downtown property is being advertised with the parcel the building sits on plus an optional second parcel of land that could enhance the overall plans/outcome of the building's potential. The building started as a motel. Lastly used as efficiency apartments before the fire. The building has an elevator that goes from the basement to the 3rd floor. The are two sets of stairs that provide the same access to all 4 levels. Main floor has a lobby area, dining hall, kitchen/serving area, a couple bathrooms, plus several other rooms that could be used in various ways. See photos for roughly estimated AI layouts of each level. The upper 2 levels have numerous rooms with endless options to divide and split up for offices or tenants. The two basement areas could be used for storage, utilities, and equipment. The floors are poured concrete with 1st floor 19 pour, 2nd floor 15, & 3rd floor 11. Location: Downtown

Property Subtype:

Apartment

Date on Market:

2025-06-18

Gilman Industrial for Sale

A piece of history being the oldest surviving commercial structure in Gilman - originally a flax mill -and several other businesses since. Currently empty the huge stone structure lends itself to banquet hall, restaurant, motel and many other innovative businesses

Property Subtype:

Manufacturing

Date on Market:

2025-05-21

Paris Hospitality for Sale

Property Subtype:

Hotel

Date on Market:

2025-04-24

Farmer City Land for Sale

Vacant commercial opportunity. 1.75 acres ready for development. Currently generating income. 8100/annual income from a billboard agreement and parking agreement. 292' of highway frontage. Less than one half mile from the interstate, accompanied by a Days Inn, Casey's Gas Station, Hucks Gas Station with access for semis, and a Dollar General. It's the second lot off a primary intersection that intersects 2 highways. Highway 54 and US Highway 150. Great place for strip mall, flex space, gas station, storage, restaurant, slots.

Property Subtype:

Commercial

Date on Market:

2025-04-17

Alton Land for Sale - Illinois

Excellent 2.26 acre pad opportunity available for Ground Lease in Alton, IL. Prime positioning at the signalized intersection of Homer Adams Parkway (19,800 VPD+) and Golf Road. Adjacent to a brand new 120-room Holiday Inn Express, this site is development-ready with convenient access and all utilities to site. Immediate proximity to major traffic generators such as Alton Public Transit, Home Depot, Kohl's, Target, and many more.

Property Subtype:

Commercial

Date on Market:

2025-04-10

Kankakee Hospitality for Sale

The front of the property has access to US Route 52 and has an operational motel with 28 rooms and a managers apartment. The bulk of the property is behind the motel and is currently unused and undeveloped land. This is a prime investment or development opportunity. This property is located right off the exit that has added multiple new gas stations, Dollar General, Walmart, Taco Bell, Hilton Garden Inn, Riverstone Conference Center, and features several commercial distribution centers. These 9.8 acres of land could also be used for commercial development given proximity to the interstate and the frontage. Outdoor corridor motel constructed in 1945 that is still operational and producing respectable NOI with low operating costs. The lot in the back was previously used as a horse pasture. The old pasture is now undeveloped land that is accessible through the back of the motel.

Property Subtype:

Hotel

Date on Market:

2021-08-18

Le Roy Land for Sale

Located in the welcoming community of LeRoy, Illinois, this approximately 10-acre parcel of farmland presents a unique opportunity for redevelopment. Situated near I-74, the site offers excellent accessibility for both residential and commercial projects. Its proximity to established amenities, including a Holiday Inn Express, Days Inn, and various dining options ranging from fast food to family restaurants, adds to its appeal for potential development. The property benefits from access to full utilities, including water, sewer, gas, electric, and telecommunications, all of which can be extended to support future development needs. Additionally, the City of LeRoy is open to discussions regarding potential tax incentives for qualifying projects, offering added flexibility and value to investors. LeRoy is a well-rounded community with quality schools, a small-town atmosphere, and a strategic location that combines convenience and connectivity.

Property Subtype:

Commercial

Date on Market:

2024-12-18

Princeton Land for Sale - Bureau County

Lots Range from $87,000 - $150,000 Per Acre.

Property Subtype:

Commercial

Date on Market:

2024-11-15

Grafton Hospitality for Sale - Jersey County

Welcome to this fabulous bed and breakfast opportunity overlooking the confluence of the Mississippi and Illinois Rivers. Nestled amongst the lush greenery and limestone bluffs that tower above the quaint river town of Grafton, IL. Its stunning views and tranquil atmosphere offer plenty of potential for growth and development. Tara Point has long been the destination of its repeat customers since 1991. In addition, the business is well known for providing its guests with extraordinary service and unparalleled attention to detail, thus insuring their loyal customers a relaxing and memorable stay. Guests can enjoy the amenities of the Inn while staying in one of the Riverside rooms or Delta Queen suite. Additionally, Tara Point offers eight guest cottage suites. Tara Point has been recognized by an industry publication for having the “Best Sunset View” of over 8,500 B & B’s in North America. All guests are in awe of the views their accommodation provides.

Property Subtype:

Hotel

Date on Market:

2023-11-02

Baldwin Hospitality for Sale

K-River Motel & Campground is a quaint little investment property located in southern Illinois (near the STL Metro). The property is a combination of a year round 32-pad RV park and a 11-key motel. There are three additional "over-run" hookups that are utilized during peak season or for electric car charging. This is an ideal property for an "owner operator" to own as it also includes a really nice 3bed/2bath modular house on a poured concrete foundation with a basement (which also acts as the storm shelter for the RV park/motel). The house also has a fireplace. The house is heated by an exterior wood burning fireplace which supplies both the heat and hot water for the property. Why is it for sale? This is normally one of the first questions that I receive when listing a commercial property. This property has been owned by the current seller for over 22 years. It has been a profitable business for him. The seller is in his 60's and is a "single grandfather". He has recently taken custody of his 3-year old granddaughter, and he is finding it more difficult to balance his time between his new parenting responsibilities with the day-to-day operation of the park. The RV park is well laid-out and offers outstanding infrastructure. The RV portion was built in 2011. All of the electrical & plumbing work was installed by local Union workers. The water & sewer lines are both 3-inch copper. The water line was installed 54 inches deep. Tracer wire was installed at this time as well. Each grid of the RV park has its own 1500 gallon septic tank in addition to a 1000 gallon dosing tank. The property utilizes three separate shutoffs for the septic lines which is beneficial during periods of heavy rainfall. City water. Septic (four separate tanks). Gravel Road through park. Asphalt parking lot in front of motel in great shape. RV park is currently not back-billing electrical to monthly guests. The park utilizes one of the motel rooms as the office. All of the electrical pedestals offer 30 amp, 50 amp, and 110 GFI. All 32 of the RV sites are full-service. The 30-amp service currently runs $30/day, $140/week, and $450/month. The 50-amp service runs $35/day, $150/week, and $475/month. These rates include water, electric, trash, sewer, & internet. The motel charges $60/night, $280/week. The buyer of this property will also be buying a good portion of "goodwill" and repeat business. K-River Campground currently has a 4.3 rating on Google with nearly 60 reviews. So this Motel & Campground has largely catered to work crews in the area to work on the nearby power plants and pipelines. There are also several large infrastructure projects slated to begin in the near future which should increase demand for the rentals: •Ameren currently has 22 pipeline projects •Baldwin Power Plant has a planned outage starting in May •Prairie State Energy has a planned outage starting this coming Fall •Kaskaskia River dredging and manufacturing plant construction •Sparta airport being expanded The seller has ran all of his business interests and his personal business out of the same checking account. Also...a lot of the guests are fans of country music, in particular Johnny CASH. Therefor the financial records are not going to be accepted by virtually any lending institution with regards to underwriting financing. As a result we are not providing any financials on this property as they are not of service, and also don't accurately paint a picture on the income this property is generating. The new buyer will need to be a cash buyer, or able to finance this as if it was a "new enterprise"...probably requiring 20% down.

Property Subtype:

Hotel

Date on Market:

2022-03-17

Pontiac Hospitality for Sale

Property Subtype:

Hotel

Date on Market:

2025-12-19

Springfield Office for Sale

Date on Market:

2025-05-22

Princeton Portfolio of properties for Sale - Bureau County

Sale or Lease: Price Subject to Offer Retail Development Sites (19 lots - 30 acres) Available. Adjacent to McDonald's, Burger King, Wal-Mart, Subway, Health Clinics, Banks, Culver's...etc. Southeast Quadrant of I-80 & IL-26 interchange. Easy access to/from I-80. Fully Improved. Possible Joint Venture / Co-Development Agreement. All acres/lots are contiguous.

Date on Market:

2024-11-15

Williamsville Land for Sale

High traffic interchange on Interstate 55-Exit 109 between Chicago and St. Louis-63,000+VPD. Land prices are ranging between $3.50/sf and $6/sf. Seller flexibility for lot sizes. Love's Truck Stop/McDonald's and Huddle House are the other tenant's currently located on-site. Developer seeking 60-90 room hotel/motel or any food options, also any highway services business. Listing Broker is the Managing Broker. No convenience stores or gas/fuel stations per covenants. Southwest quadrant of interchange at Exit 109 on Interstate 55.

Property Subtype:

Commercial

Date on Market:

2007-05-24