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    Grandview, IL Southern View, IL Sherman, IL
    Development Lot at I55 Interchange
    Updated: Dec 9, 2023
    Development Lot at I55 Interchange

    2200 Hilton Head Drive, Springfield, IL 62702

    $1,500,000
    10.00 AC lot
    10‑acre development lot at the Sangamon/I55 interchange.
    Zoned I3.
    High traffic counts: 18,700 on Sangamon and 43,600 on I55.
    Great location for small business park or multiple hotel pad.
    Access off Hilton Head Drive (near Northfield Center).
    View details
    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Springfield, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

    Hotel with 104 Rooms and Manager Apartment
    Hotel with 104 Rooms and Manager Apartment

    3470 Hollenberg Drive, Bridgeton, MO 63044

    $1,500,000
    44,570 sqft · 2.39 AC lot

    104-room hotel with on-site manager apartment and ample parking, offered as-is with significant repairs needed.

    View details
    Architectural Gem in St. Louis
    Architectural Gem in St. Louis

    2701-2729 Lafayette Avenue, St, Louis, MO 63104

    $1,100,000
    13,490 sqft

    13,490 SF building with development potential in vibrant neighborhood.

    View details
    Architectural Hospitality and Event Building
    Architectural Hospitality and Event Building

    2701-2729 Lafayette Avenue, St, Louis, MO 63104

    $1,100,000

    11,360 SF building plus eight vacant lots near Lafayette Square, offering a flexible redevelopment canvas for hospitality or other uses.

    View details
    Bridgeton Hospitality Asset For Sale
    Bridgeton Hospitality Asset For Sale

    3470 Hollenberg Drive, Bridgeton, MO 63044

    $1,500,000
    44,570 sqft

    104-room hotel near St. Louis Airport and major interstates.

    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
    Development Lot Near I-55

    2200 Hilton Head Drive, Springfield, IL 62702

    $1,500,000
    10.58 AC lot

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

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    Commercial Land Near Sports Park
    Commercial Land Near Sports Park

    Lincolnshire Boulevard lot: 10, Springfield, IL 62704

    $1,965,427
    2.82 AC lot

    Land available within Scheels Sports Park at Legacy Pointe Development.

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    Legacy Pointe Commercial Development Opportunity
    Legacy Pointe Commercial Development Opportunity

    Lincolnshire Boulevard lot: 11, Springfield, IL 62704

    $3,401,164
    4.88 AC lot

    Commercial lots available in a large sports and entertainment development.

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    Land in Legacy Pointe Development
    Land in Legacy Pointe Development

    Lincolnshire Boulevard lot: 16D, Springfield, IL 62704

    $1,554,220
    2.23 AC lot

    Commercial land available in a large sports and entertainment development.

    View details

    Springfield, IL Hotels Market Trends and Statistics

    Explore 1 hotels for sale in Springfield, IL on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $1,500,000.

    Sale prices for resorts in Springfield, IL start at $1,500,000, averaging $1,500,000, and reaching up to $1,500,000 — 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 2
    Bed & breakfasts 1

    Demographics Overview

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

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    62702 $1.5M

    Taxes & Financing

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

    Listings Trend

    New vs delisted commercial listings in Sangamon County

    New Delisted

    Property Size Breakdown

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

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