Hotel with
16733 Il Highway 40, Sheffield, IL 61361
For Sale
$250,000
Commercial Sale, Sheffield, IL
Property Size24,000 SF
Lot Size2.55 Acres
Price / SF$10.42
Days on Market122
Property Features for 16733 Il Highway 40
General Information
Property type
Property subtype
Zoning
Directions
Subdivision
Standard status
APN
Lot size
Taxes and HOA fees
Tax Year
Tax Annual Amount
Amenities
manager's and owner's apartments
fitness room
restaurant
bar
Building Details
Year built
Floors in Building
Number of units
Listing Agency:
eXp Realty
Listed By:
Jeannie Fisher · License IL #475208074
(888) 574-9405
Added: Jul 13
Changed: Nov 10
Last Checked: Nov 11 at 9:06AM
MLS# 12702759
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
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Built in 1979, this hotel property contains approximately 24,000 square feet and 50 guest rooms. Additional on-site features include apartments for the manager and owner, a fitness room, a restaurant, and a bar. The parcel covers 2.55 acres and is zoned COMMR.
The property is at 16733 IL Highway 40 in Sheffield, with access to I-80 at Exit 45. Its existing accommodations and range of guest and management facilities support continued hotel use or a redevelopment or renovation project.
The property is at 16733 IL Highway 40 in Sheffield, with access to I-80 at Exit 45. Its existing accommodations and range of guest and management facilities support continued hotel use or a redevelopment or renovation project.
Key Highlights
- 50 guest rooms in approximately 24,000 square feet
- 2.55‑acre parcel zoned COMMR
- Manager's and owner's apartments, fitness room, restaurant, and bar
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
8
Businesses Nearby
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Business Placement
Demographics for 61361, IL
1,336
Population
703
Households
1.9
Avg Household Size
44
Median Age
27%
College-Educated
91%
High-School Grad
88.8 sq mi
ZIP Area
15
Density / Sq Mi
$92,344
Median Household Income
$36,378
Median Earnings
$896
Median Rent
$147,300
Median Home Value
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Frequently Asked Questions
What type of property is this?
Hotel - Guest facilities include apartments for management and ownership, a fitness room, restaurant, and bar.
Where is this hotel located?
The property is located at 16733 Il Highway 40 Sheffield, IL.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 50 guest rooms in approximately 24,000 square feet; 2.55‑acre parcel zoned COMMR; Manager's and owner's apartments, fitness room, restaurant, and bar
