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Springfield, IL Hospitality Properties for Sale

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Historic Springfield Commercial Property
$2,700,000
0.60 Acres

Historic Springfield Commercial Property

835 S 2Nd St, Springfield, IL 62704

Unique property with guest rooms, suites, banquet center, and garden.

  • Banquet center accommodating up to 300 guests
  • 6 long‑term suites, perfect for extended stays or steady rental income
  • 13 beautifully appointed guest rooms
  • Enchanting outdoor garden space for up to 150 guests
  • Versatile property combining boutique hotel, wedding destination or event venue
Updated: Mar 18, 2025
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Historic Springfield Commercial Building For Sale
$175,000
0.23 Acres

Historic Springfield Commercial Building For Sale

620 S 1St St, Springfield, IL 62704

Landmark hospitality property near the Statehouse, offered as-is.

  • Prime Location: Less than a block from the Statehouse.
  • Large Building: 7,000 sq ft with 3 floors.
  • Full Commercial Kitchen: Equipped with a full kitchen.
  • Two Bars: Includes two existing bar areas.
  • Historic Significance: Landmark structure with history as a carriage house from the 1800s.
Updated: Mar 20, 2025
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Days Inn & Suites: Arlington Heights
$6,950,000
47,700 SF

Days Inn & Suites: Arlington Heights

121-unit hotel, prime location, strong ROI.

1415 West Dundee Road, Arlington Heights, IL 60004
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Downtown Springfield Mixed-Use Gem
$700,000
21,360 SF

Downtown Springfield Mixed-Use Gem

Historic building, prime location, strong leases.

206 6Th St, Springfield, IL 62701
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Days Inn Arlington Heights Hotel
$7,250,000
47,700 SF

Days Inn Arlington Heights Hotel

121-Unit Hotel, High ROI, Near O'Hare

1415 Dundee Rd, Arlington Heights, IL 60004
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Based on your search, we've compiled 27 Potential Opportunities for your consideration. Besides 5 Active listings in Springfield, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 15 Off-Market properties to explore as potential leads, plus 3 Land Listings that present a potential for development.

Explore Opportunities in Nearby Cities

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

Recreational Land with Modern Loft
$129,000

Recreational Land with Modern Loft

Charming property in Woodhaven Lakes with trailer and loft.

21-204 Woodhaven Dr, Sublette, IL 61367
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Turnkey Recreational Property Near Chicago
$90,000

Turnkey Recreational Property Near Chicago

Move-in ready park model in gated Woodhaven Lakes community.

21-54 Woodhaven Lk Dr, Sublette, IL 61367
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Galena Inn: Turnkey Opportunity
$975,000

Galena Inn: Turnkey Opportunity

Historic Inn, High Occupancy, Strong ROI

900 3Rd St, Galena, IL 61036
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Turn Key Galena Inn
$850,000

Turn Key Galena Inn

Mixed-use property with unlimited possibilities in downtown Galena, Illinois.

412 Spring St, Galena, IL 61036
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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Commercial Land Near Sports Park
$1,965,427
2.82 Acres

Commercial Land Near Sports Park

Land available within Scheels Sports Park at Legacy Pointe Development.

Lincolnshire Blvd, Springfield, IL 62704
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Legacy Pointe Commercial Development Opportunity
$3,401,164
4.88 Acres

Legacy Pointe Commercial Development Opportunity

Commercial lots available in a large sports and entertainment development.

Lincolnshire Blvd, Springfield, IL 62704
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Prime Commercial Land I-55 Access
$550,000
1.63 Acres

Prime Commercial Land I-55 Access

1.63 acre commercial land near I-55 in Springfield, IL.

6000 S 6Th St, Springfield, IL 62702
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Explore Off-Market Properties in Springfield, IL

Consider similar Off-Market properties in Springfield, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

1970 Algonquin

1970 Algonquin

MOTEL • 1.09 Acres
Value Estimation
$915,000
1970 Algonquin, Arlington Heights, IL 60005
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2222 Enterprise Dr

2222 Enterprise Dr

MOTEL • 2.55 Acres
Value Estimation
$470,000
2222 Enterprise Dr, Westchester, IL 60154-5822
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2124 Arlington Hts Rd

2124 Arlington Hts Rd

MOTEL • 0.86 Acres
Value Estimation
$7,685,000
2124 Arlington Hts Rd, Arlington Heights, IL 60005
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3700 Wilke Rd

3700 Wilke Rd

MOTEL • 5.02 Acres
Value Estimation
$7,450,000
3700 Wilke Rd, Arlington Heights, IL 60004-1200
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22 Algonquin Rd

22 Algonquin Rd

MOTEL • 0.83 Acres
Value Estimation
$990,000
22 Algonquin Rd, Arlington Heights, IL 60005-4402
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1415 Dundee Rd

1415 Dundee Rd

MOTEL • 1.68 Acres
Value Estimation
$1,410,000
1415 Dundee Rd, Arlington Heights, IL 60004-1424
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2323 Rand Rd

2323 Rand Rd

MOTEL • 7,299 SF
Value Estimation
$375,000
2323 Rand Rd, Arlington Heights, IL 60004-5873
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75 Arlington Hts Rd

75 Arlington Hts Rd

MOTEL • 0.97 Acres
Value Estimation by Request
75 Arlington Hts Rd, Arlington Heights, IL 60005
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2112 Arlington Hts Rd

2112 Arlington Hts Rd

MOTEL • 1.46 Acres
Value Estimation by Request
2112 Arlington Hts Rd, Arlington Heights, IL 60005-4106
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100 Algonquin Rd

100 Algonquin Rd

MOTEL • 4.16 Acres
Value Estimation by Request
100 Algonquin Rd, Arlington Heights, IL 60005-4404
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2111 Arlington Hts Rd

2111 Arlington Hts Rd

MOTEL • 1.17 Acres
Value Estimation by Request
2111 Arlington Hts Rd, Arlington Heights, IL 60005-4105
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1415 Dundee Rd

1415 Dundee Rd

MOTEL • 0.50 Acres
Value Estimation by Request
1415 Dundee Rd, Arlington Heights, IL 60004-1424
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2120 Arlington Hts Rd

2120 Arlington Hts Rd

MOTEL • 1.27 Acres
Value Estimation
$7,615,000
2120 Arlington Hts Rd, Arlington Heights, IL 60005-4106
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75 Algonquin Rd

75 Algonquin Rd

MOTEL • 8.41 Acres
Value Estimation by Request
75 Algonquin Rd, Arlington Heights, IL 60005-4413
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441 Algonquin Rd

441 Algonquin Rd

MOTEL • 2.25 Acres
Value Estimation
$5,320,000
441 Algonquin Rd, Arlington Heights, IL 60005-4409
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Springfield, IL Hospitality Properties Investment Opportunities Market Analysis

Explore 20 hospitality properties for sale in Springfield, IL, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 751,902 square feet of properties for sale, with an estimated market value of $34,130,000.

Prices for hospitality properties in Springfield, IL start at $175,000, averaging $3,102,727, and reaching up to $8,045,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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