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    Springfield, IL Hospitality Properties for Sale

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    Chicago, IL Grandview, IL Southern View, IL
    Historic Springfield Commercial Building For Sale
    $175,000
    0.23 Acres

    Historic Springfield Commercial Building For Sale

    620 S 1ST Street, 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 13, 2025
    View details
    Historic Mansion in Downtown Springfield
    $50,000
    14,326 SF

    Historic Mansion in Downtown Springfield

    625 S 2nd St & 106 W Edwards St, Springfield, IL 62704

    Historic mansion near the Capitol, suitable for office or residence.

    • Historic 1865 Dewitt Wickliffe Smith Mansion, just two blocks from the Capitol.
    • Currently configured as professional office space with 15 private offices and expansive conference rooms.
    • Includes eight dedicated parking spaces plus access to a nearby parking lot.
    • Finished third floor apartment provides flexible options for living or additional workspace.
    • Central heating and air conditioning plus installed fiber optic internet.
    Updated: Feb 23
    View details
    Days Inn & Suites by Wyndham
    $6,950,000
    47,700 SF

    Days Inn & Suites by Wyndham

    121-unit Days Inn & Suites by Wyndham – Arlington Heights, IL

    Springfield, IL 60004
    View details
    Development Lot at I55 Interchange
    $1,500,000
    10.00 Acres

    Development Lot at I55 Interchange

    10-acre commercial development lot with highway access.

    2200 Hilton Head Drive, Springfield, IL 62702
    View details
    Based on your search, we've compiled 27 Potential Opportunities for your consideration. Besides 4 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 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Woodsmoke Ranch Campground Lot
    Contact for pricing
    0.11 Acres

    Woodsmoke Ranch Campground Lot

    Campground lot with 5th wheel trailer and extensive amenities.

    2795 E 28th Lot 188 Road, Seneca, IL 61360
    View details
    Woodsmoke Ranch Lots For Sale
    $40,000

    Woodsmoke Ranch Lots For Sale

    Two lots with furnished park model in Woodsmoke Ranch.

    2795 E 28th Lots 85 & 86 Road, Seneca, IL 61360
    View details
    Fairfield Inn Forsyth Decatur
    $6,500,000

    Fairfield Inn Forsyth Decatur

    Newly remodeled hotel with ongoing public area renovations.

    1417 Hickory Point Dr, Forsyth, IL 62535
    View details
    290-Acre Campground with Timberland
    $5,500,000
    290.00 Acres

    290-Acre Campground with Timberland

    Versatile campground with timberland, amenities, and potential for diverse uses.

    823 COLUMBIA Road, Washburn, IL 61570
    View details

    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.

    Development Lot Near I-55
    $1,500,000
    10.58 Acres

    Development Lot Near I-55

    10+ acre commercial development lot near I-55 in Springfield.

    2200 Hilton Head Drive, Springfield, IL 62702
    View details
    Development Land Near I-55
    $550,000

    Development Land Near I-55

    Commercial land available near I-55, suitable for development.

    6000 South 6th Street Frontage Road East, Springfield, IL 62712
    View details
    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 Boulevard lot: 10, Springfield, IL 62704
    View details
    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 Boulevard lot: 11, Springfield, IL 62704
    View details

    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.

    2111 Arlington Hts Rd

    2111 Arlington Hts Rd

    MOTEL • 1.17 Acres
    Value Estimation
    $5,850,000
    2111 Arlington Hts Rd, Arlington Heights, IL 60005-4105
    View details
    100 Algonquin Rd

    100 Algonquin Rd

    MOTEL • 4.16 Acres
    Value Estimation
    $4,000,000
    100 Algonquin Rd, Arlington Heights, IL 60005-4404
    View details
    3700 Wilke Rd

    3700 Wilke Rd

    MOTEL • 5.02 Acres
    Value Estimation
    $7,165,000
    3700 Wilke Rd, Arlington Heights, IL 60004-1200
    View details
    2112 Arlington Hts Rd

    2112 Arlington Hts Rd

    MOTEL • 1.46 Acres
    Value Estimation
    $510,000
    2112 Arlington Hts Rd, Arlington Heights, IL 60005-4106
    View details
    2124 Arlington Hts Rd

    2124 Arlington Hts Rd

    MOTEL • 0.86 Acres
    Value Estimation
    $7,525,000
    2124 Arlington Hts Rd, Arlington Heights, IL 60005
    View details
    2120 Arlington Hts Rd

    2120 Arlington Hts Rd

    MOTEL • 1.27 Acres
    Value Estimation
    $7,540,000
    2120 Arlington Hts Rd, Arlington Heights, IL 60005-4106
    View details
    441 Algonquin Rd

    441 Algonquin Rd

    MOTEL • 2.25 Acres
    Value Estimation
    $5,210,000
    441 Algonquin Rd, Arlington Heights, IL 60005-4409
    View details
    75 Arlington Hts Rd

    75 Arlington Hts Rd

    MOTEL • 0.97 Acres
    Value Estimation by Request
    75 Arlington Hts Rd, Arlington Heights, IL 60005
    View details
    22 Algonquin Rd

    22 Algonquin Rd

    MOTEL • 0.83 Acres
    Value Estimation by Request
    22 Algonquin Rd, Arlington Heights, IL 60005-4402
    View details
    1970 Algonquin

    1970 Algonquin

    MOTEL • 1.09 Acres
    Value Estimation by Request
    1970 Algonquin, Arlington Heights, IL 60005
    View details
    2222 Enterprise Dr

    2222 Enterprise Dr

    MOTEL • 2.55 Acres
    Value Estimation by Request
    2222 Enterprise Dr, Westchester, IL 60154-5822
    View details
    2323 Rand Rd

    2323 Rand Rd

    MOTEL • 7,299 SF
    Value Estimation
    $810,000
    2323 Rand Rd, Arlington Heights, IL 60004-5873
    View details
    1415 Dundee Rd

    1415 Dundee Rd

    MOTEL • 1.68 Acres
    Value Estimation by Request
    1415 Dundee Rd, Arlington Heights, IL 60004-1424
    View details
    1415 Dundee Rd

    1415 Dundee Rd

    MOTEL • 0.50 Acres
    Value Estimation by Request
    1415 Dundee Rd, Arlington Heights, IL 60004-1424
    View details
    75 Algonquin Rd

    75 Algonquin Rd

    MOTEL • 8.41 Acres
    Value Estimation
    $660,000
    75 Algonquin Rd, Arlington Heights, IL 60005-4413
    View details

    Springfield, IL Hospitality Properties Investment Opportunities Market Analysis

    Explore 19 hospitality properties for sale in Springfield, IL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 62,026 square feet of properties for sale, with an estimated market value of $7,000,000.

    Sale prices for hospitality properties in Springfield, IL start at $50,000, averaging $3,500,000, and reaching up to $6,950,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
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    Top Commercial Asset Segments

    Hotels 2
    Bed & breakfasts 1

    Property Size Breakdown

    The majority of commercial real estate listings in Springfield fall within the 100,000+ square foot range.

    Demographics Overview

    Population 138K
    Population Growth (5Y) +1.9%
    Median Household Income $70,314
    College Educated 9.5%

    High-Yield Neighborhoods for Strategic Investment

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

    Neighborhood Average Price
    Springfield $112.5K
    Arlington Heights $7M

    Taxes & Financing

    Tax Rate (average for all types) 8.64%
    Average Loan-to-Value 65.0%

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    Most Searched ZIP Codes in Springfield, IL

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