Hospitality

Sheffield, IL Hospitality Properties for Sale

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Mineral, IL Neponset, IL Wyanet, IL Walnut, IL Princeton, IL Tiskilwa, IL Deer Grove, IL Kewanee, IL
50-Room Hotel Property
Updated: Jul 13
50-Room Hotel Property

16733 Il Highway 40, Sheffield, IL 61361

$299,000
2.55 AC lot
50 guest rooms within an established hotel property
Manager’s and owner’s apartments included
Fitness room, restaurant, and bar on site
Approximately 2.55 acres
Located near I‑80 at Exit 45
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Sheffield, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Best Western Flag-Affiliated Hotel
Best Western Flag-Affiliated Hotel

2105 FIRST AVE, Rock Falls, IL 61071

Contact for pricing
90,000 sqft

Best Western Rock Falls hotel for sale at 2105 1st Avenue with on-site parking and guest amenities including breakfast and fitness.

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Campground Park Model with Lake View
Campground Park Model with Lake View

4/2 Woodhaven, Sublette, IL 61367

$60,000

Gated recreational property with an updated interior, outdoor entertaining areas, and utility connections.

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80-Unit Interior-Corridor Hotel
80-Unit Interior-Corridor Hotel

2106 1st Avenue, Rock Falls, IL 61071

Contact for pricing

Three-story lodging property with extensive renovations completed from 2024 to the present.

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Campground Lot with Travel Trailer
Campground Lot with Travel Trailer

17/215 Woodhaven, Sublette, IL 61367

$49,900

Seasonal camping setup includes outdoor entertaining space and two detached storage sheds.

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Sheffield, IL Hospitality Properties Market Trends and Statistics

Explore 1 hospitality properties for sale in Sheffield, IL on our real estate platform.

Sale prices for hospitality properties in Sheffield, IL average $299,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Hotels 1

Demographics Overview

Population 1,363
Population Growth (5Y) +22.0%
Median Household Income $92,344
College Educated 34.8%

High-Yield Neighborhoods for Investment

Identify Sheffield submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
61361 $299K

Taxes & Financing

Tax Rate (average for all types) 8.20%
Tax Rate vs County Average 0.37 pp below county avg
Average Loan-to-Value 65.0%

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