Hospitality

Sheffield, IL Hospitality Properties for Sale

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Mineral, IL Neponset, IL Walnut, IL Annawan, IL Princeton, IL Tiskilwa, IL Kewanee, IL Deer Grove, IL
Hotel with Restaurant
Updated: Jul 13
Hotel with Restaurant

16733 Il Highway 40, Sheffield, IL 61361

$250,000
2.55 AC lot
50 guest rooms in approximately 24,000 square feet
2.55‑acre parcel zoned COMMR
Manager's and owner's apartments, fitness room, restaurant, and bar
Access to I‑80 at Exit 45
Built in 1979
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1 active listing matches your search: Hospitality for sale in Sheffield, IL. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

Opportunities in Nearby Cities

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

Full-Service RV Campground
Full-Service RV Campground

600 E 17TH ST, Rock Falls, IL 61071

Contact for pricing
1,157,389 sqft  Built 2016 / renov 2026

Year-round campground with city utilities, modern guest facilities, recreational attractions, and room for additional site development.

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

4/2 Woodhaven, Sublette, IL 61367

$60,000
Built 1993

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

Deck  Gazebo  Fire pit
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80-Unit Interior-Corridor Hotel
80-Unit Interior-Corridor Hotel

2106 1st Avenue, Rock Falls, IL 61071

Contact for pricing
3-story

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

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Campground Site with Travel Trailer
Campground Site with Travel Trailer

5-356 Woodhaven, Sublette, IL 61367

$55,900

Gated recreational site with a furnished travel trailer, outdoor entertaining area, storage, and included recreation equipment.

Deck  Screened gazebo  Large shed
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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 $250,000 — 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%

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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