Value-Add Investment Opportunity! Situated on Illinois Route 48, the Tri-Manor Motel offers excellent visibility and is centrally located in the Northeast corridor of Decatur. The property consists of 19 units with lobby, all on a 1.57 acre parcel. Motel is currently in operation with an on-site manager. According to the manager rental rates are $50 per night and $250 per week. Please don't disturb guests/tenants. Great opportunity to make improvements and continue current operations with Airbnb or redevelop to traditional multifamily use. Current assessed Fair Market Value is $253,000. Contact broker for all inquiries.
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
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Baths
—
Stories
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Lot width
—
Lot depth
—
Lot size
—
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Multi-Family (5+ Unit)
County
Macon County
APN
07-07-36-278-002
Parking Spaces
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Basement
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Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on Jul 1, 2025.
B2
Commercial District
This district is designed to serve the shopping needs of regional geographic areas larger than the B-1 district, and allowing a greater intensity of uses.
Permitted uses
Include but are not limited to:
Automotive repair garage
Gas station
Bank
Convenience store
Day care facility
General retail
Restaurant
Hotel / motel
Office
Medical office
Property details
Parking
Parking/Garage Information
Parking Features: Detached, Garage
Interior
Heating & Cooling
Has Cooling
Cooling: Window Unit(s)
Interior Features
Appliances: Water Heater
Exterior
Exterior Features
Roof: Shingle
Building Information
Sq. Ft.: 0
Levels: One
# of Stories Total: 1
Property Information
Property Type: Residential Income
Property Sub Type: Multi Family
Raw Mls Property Sub Type: Multi Family
Lot Information
Lot Size : 1.57
Lot Size Area: 1.57
Lot Size Units: Acres
Lot Size Acres: 1.57
Zoning: B-2
Financial
Tax Information
Tax Annual Amount: $8,244
Utilities
Utility Information
Water Source: Public
Sewer: Public Sewer
Location
Schools Information
Elementary School District: Decatur Dist 61
Middle Or Junior School District: Decatur Dist 61
High School District: Decatur Dist 61
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (5+ Unit)
Year Built: —
Year Renovated: —
County: Macon County
APN: 07-07-36-278-002
Home facts updated by county records on Jul 1, 2025
Other
Listing Information
List AOR: CentralIllinoisBoardOfRealtors
Around this home
Schools
Michael E Baum Elementary School
Public K-6 • Assigned • 3.8mi
3/10
Stephen Decatur Middle School
Public 7-8 • Assigned • 1.3mi
2/10
Macarthur High School
Public 9-12 • Assigned • 3.9mi
2/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Historical weather
Decatur, IL • 62526
Average low and high temperatures (°F)
33
17
43
25
61
39
68
49
74
55
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66
87
71
83
65
82
58
72
48
54
38
40
26
Jan
Feb
Mar
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Jul
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Sun exposure
In this area, properties receive around 10.2 hours in
June and 3.9 hours in December, which is comparable to the
U.S. average for solar exposure.