Address
720 Gochenour Street, Vandalia, IL
Price
$ 399,900
Property Attributes
  • MLS#6258522
  • TypeSingle Family
  • Listing Status Active
  • CountyFayette
  • CityVandalia
  • NeighborhoodJackson Park Add
  • Zip62471
  • Style
  • Year Built1975
  • Taxes$ 8068
  • Price$ 399,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.3 Acres
Data Source:
Central Illinois BOR
Property Description

Strategic opportunity in Vandalia, IL just minutes from I-70. Formerly operated as Jay’s Inn, this 21-room all-brick motel offers strong potential for an owner-operator, investor, or hospitality repositioning project. Closed since 2021, the property has remained maintained with power and water continuously on. Guest rooms are notably clean, and the functional layout includes a lobby/check-in area with covered drive-through overhang for guests. Large room on-site could be converted into manager’s quarters or extended-stay use. Mechanical systems are highly accessible with a full utility tunnel spanning the building. Included in the sale is a separate frontage road parcel approximately 160x90, creating additional commercial potential for expansion, parking, signage, or future development opportunities. High-visibility location near I-70 with strong value-add upside in a well-traveled corridor.

Price History
5/15/2026 Listed $399,900

General Features

Possession Closing
Zoning COM
Property Subtype HotelMotel
Tax Year 2024
County Fayette
Property Type CommercialSale
Special Listing Conditions None
Status Active
City Vandalia
Listing Agent Name Blake McWilliams
ListAgentAOR CentralIllinoisBoardOfRealtors
Standard Status Active
Heating Electric
Cooling WindowUnits
Appliances GasWaterHeater
Year Built 1975
Stories Count 2
Year Built Source SeeRemarks

Interior Features

LivingAreaSource PublicRecords

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 62471

Price
AVG $210K
$400K
Taxes
AVG $2,867
$8,068
Year Built
AVG 1964
1975

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