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Select-Service Hotel
For Sale
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Pending

3446 Freedom Dr, Springfield, IL 62704

Established hotel serving corporate, medical, government, and leisure demand in Springfield.

Property SizeContact for details
Days on Market148

Property Features for 3446 Freedom Dr

General Information

Standard status Pending
Property subtype Hospitality
Listing Agency: Avison Young - Chicago Downtown
Listed By: Rick George · License #471017089
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Sep 3 at 12:49PM

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 Avison Young - Chicago Downtown

Investment Insights

Based on property information with market context.

The offering comprises the fee simple interest in a select-service hotel at 3446 Freedom Dr in Springfield, Illinois. The property is 29 years old and currently operates under the Fairfield Inn & Suites brand, which will end upon sale. A replacement affiliation will be required as part of the ownership transition.

The hotel serves a mix of corporate, medical, government, and leisure demand within Springfield. Local points of interest identified in the market include the Lincoln Presidential Library, Illinois State Museum, Dana-Thomas House, Thomas Rees Memorial Carillon, and Adams Wildlife Sanctuary.

Key Highlights

  • Fee simple interest in a select‑service hotel
  • 3446 Freedom Dr, Springfield, IL 62704
  • 29‑year‑old hotel property

Property Analytics

Current Use

Spark by Hilton ... Hotel & Motel Fairfield Inn Springfield Hotel & Motel 3446 Freedom Drive ... Parking Lot & Garage Freedom Inn & Suites Hotel & Motel

Suggested Use

Top Pick Big Box & Wholesale Store Hair Salon Grocery & Convenience Store Dental Office HVAC Service Building Supply

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

504
Businesses Nearby

Demographics for 62704, IL

39,157
Population
20,706
Households
1.9
Avg Household Size
40
Median Age
42%
College-Educated
95%
High-School Grad
12.2 sq mi
ZIP Area
3,210
Density / Sq Mi
$66,352
Median Household Income
$44,793
Median Earnings
$924
Median Rent
$166,900
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Hotel - Established hotel serving corporate, medical, government, and leisure demand in Springfield.
Where is this hotel located?
The property is located at 3446 Freedom Dr Springfield, IL.
What are key features of this property?
This property features: Fee simple interest in a select‑service hotel; 3446 Freedom Dr, Springfield, IL 62704; 29‑year‑old hotel property
(312) 434-2430 Call to check price and availability
More about this property
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