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Historic Boutique Hotel
For Sale
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101 E Adams Street, Springfield, IL 62701

Renovated hospitality property positioned across from the Illinois State Capitol in downtown Springfield.

Property SizeContact for details
Days on Market193

Property Features for 101 E Adams Street

General Information

Standard status Active
Property subtype Business for Sale, Hospitality
Zoning COMMR

Building Details

Year Renovated 2019
Stories 3
Listing Agency: CENTURY 21 Circle
Listed By: Mark Ahmad · License #IL 471007186
Source: Crexi
Added: Feb 21 Changed: Aug 30 Last Checked: Aug 31 at 8:09AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CENTURY 21 Circle

Investment Insights

Based on property information with market context.

This hospitality property operates as The State House Inn and is affiliated with Trademark Collection by Wyndham. Renovations completed during 2018–2019 updated the guest experience while retaining the building’s mid-century character. The hotel is listed on the local historic registry and is identified as a historic boutique hotel.

The property occupies a downtown Springfield location directly across from the Illinois State Capitol. Government buildings, historic sites, and museums are within walking distance, placing the hotel in the city’s government and historic district. Zoning is designated COMMR.

Key Highlights

  • Affiliated with Trademark Collection by Wyndham
  • 2018–2019 renovations updated the property
  • Listed on the local historic registry

Property Analytics

Current Use

Governor's Ballroom Wedding Service Statehouse Inn & Conference ... Hotel & Motel Sawse Entrees Restaurant State House Inn Hotel & Motel

Suggested Use

Top Pick Big Box & Wholesale Store Real Estate Agency Storage Facility Auto Parts Store HVAC Service Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,622
Businesses Nearby

Demographics for 62701, IL

1,354
Population
832
Households
1.6
Avg Household Size
36
Median Age
35%
College-Educated
86%
High-School Grad
0.4 sq mi
ZIP Area
3,385
Density / Sq Mi
$32,444
Median Household Income
$31,472
Median Earnings
$667
Median Rent
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Hotel - Renovated hospitality property positioned across from the Illinois State Capitol in downtown Springfield.
Where is this hotel located?
The property is located at 101 E Adams Street Springfield, IL.
What is the asking price?
The asking price for this property is $5,300,000.
What are key features of this property?
This property features: Affiliated with Trademark Collection by Wyndham; 2018–2019 renovations updated the property; Listed on the local historic registry
(773) 983-1553 Call to check price and availability
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