Ramada by Wyndham Effingham

Description:

Ri Marketplace Online Auction September 8th - 10th, 2025
Register to bid on Marketplace:

https://rimarketplace.com/auction/2606/ramada-by-wyndham-effingham?utm_source=brevitas&utm_medium=listing&utm_campaign=external&utm_content=hospitality_2606

Marcus & Millichap’s National Hospitality Division, in conjunction with RealInsight Marketplace, is pleased to present the Ramada by Wyndham Effingham for sale via auction from September 8–10. Located at 1606 W. Fayette Avenue in Effingham, Illinois, this Wyndham-branded asset represents a compelling opportunity for qualified investors to acquire a value-add hospitality property in a dynamic regional market. Please contact the listing agent for more information.

The Ramada by Wyndham Effingham is a two-story, 53-room hotel offering a diverse array of guest amenities, including a heated indoor pool, banquet and meeting space, fitness center, breakfast area, guest laundry, vending facilities, and ample bus/truck/RV parking. The Hotel benefits from strong brand affiliation and a strategic position with immediate access to both Interstate 57 and Interstate 70, key transportation arteries linking Chicago, St. Louis, and other major Midwest markets.

Effingham serves as a vital hub for logistics, manufacturing, healthcare, and regional tourism. The local economy is underpinned by major employers such as Heartland Dental (3.7 miles), Flex-N-Gate (2.9 miles), and FedEx Ground (3.8 miles), which contribute to consistent business travel. Additional employment drivers include Stevens Industries, Quad Graphics, and the Effingham Technology Center. Healthcare and education further support lodging demand through institutions like HSHS St. Anthony’s Memorial Hospital (1.2 miles), Sarah Bush Lincoln Healthcare Clinic, and the nearby campuses of Lake Land College and Eastern Illinois University. These entities attract patients, healthcare providers, students, and visiting professionals on a year-round basis.

Effingham also offers robust tourism appeal. The Cross at the Crossroads (2.0 miles) draws more than 200,000 visitors annually, while attractions such as the Effingham Performance Center, Lake Sara, Tuscan Hills Winery, and My Garage Museum contribute to weekend, leisure, and event-driven demand. The area’s strong recreational infrastructure is bolstered by TREC’s 30-mile trail network, multiple parks, and local entertainment venues.

The Property’s 2024 RevPAR penetration of 53% highlights an opportunity for operational optimization. Investors have a clear path to increased cash flow and asset appreciation through improved revenue management and guest experience strategies.

Ongoing city investment further enhances the Hotel’s value proposition. Effingham is part of the Enterprise Zone program, offering tax incentives for redevelopment. Additionally, the city was recently awarded a $373,500 RISE (Research in Illinois to Spur Economic Recovery) grant to support economic recovery through housing and infrastructure development. The $21.8 million reconstruction of Fayette Avenue—already underway—will improve east-west traffic flow and commercial access throughout the city.


Scott Bowers
c/o Fisher Auction Company Inc.
License: 040000273

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