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101 E Adams St
Springfield, IL 62701
State House Inn Springfield · Hospitality Property For Sale · 103,282 SF

Investment Highlights

  • Seven-Story, 125-Room, Independent, Institutionally Owned, Select-Service Hotel with Banquet and Conference Center, and Additional Parking Lot Across
  • Located In Downtown Springfield, Illinois; Directly Across from the Illinois State Capital; Blocks from Abraham Lincoln Historic Sites and Museums
  • Expected to Trade Below Replacement Cost, Offered Fee-Simple, Unencumbered by Management Contracts or Existing Debt
  • Banquet and Conference Center Offered with Catering Lease in Place
  • Steel and Concrete Construction; Recently Renovated in 2018 and 2019
  • Conversion Opportunities Available – Inquire with Agent

Property Facts

Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 1.91 AC
Building Size 103,282 SF
No. Stories 7
Year Built/Renovated 1961/2024
Parking Ratio 0.51/1,000 SF
Corridor Interior
Zoning S-3

Amenities

  • Business Center
  • Fitness Center
  • High Speed Internet Access
  • Patio
  • On-Site Bar
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free

About 101 E ADAMS ST , SPRINGFIELD, IL 62701

The State House Inn Springfield is located at 101 E Adams Street in Springfield, Illinois near East Jefferson Street. This Institutionally Owned Property features 23 executive bedroom suites, two themed Presidential Suites, the Top Hat Lounge, 5,500 square feet of meeting space, and a wide variety of locally inspired artwork. Complete with a stone fireplace and lounge seating, the Hotel lobby also maintains high-top workspaces and televisions.

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 14-33.0-228-011
  • 14-34.0-101-007
Land Assessment
$377,992
Improvements Assessment
$745,715
Total Assessment
$1,123,707
  • Listing ID: 27131090

  • Date on Market: 11/16/2022

  • Last Updated:

  • Address: 101 E Adams St, Springfield, IL 62701

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