Share This Listing

Message

926 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Best Western Clearlake Plaza 3440 E Clear Lake Ave 45 Room Hotel Springfield, IL 62702 $3,700,000 ($82,222/Room)

Save this listing!

Favorite this listing to get notified of price updates, new media and more

EXECUTIVE SUMMARY

Well run Best Western hotel in the gateway to Springfield. Located off I72 and I55 great access to downtown and hospitals. 45 rooms, indoor pool, exercise room, and breakfast area for guests. Location access to downtown, medical district, state fair and grounds, NEW Sports-complex, retail, and restaurants. The hotel is maintained at a high level. New roof, LED lighting, fitness eq., beds, and TVs. All improvements completed in past 2 years.

PROPERTY FACTS Under Contract

Price $3,700,000
Price Per Room $82,222
Sale Type Investment
Sale Condition Business Value Included
Property Type Hospitality
Property Subtype
Hotel
Building Class C
Lot Size 0.97 AC
Building Size 26,430 SF
No. Rooms 45
No. Stories 2
Year Built 1999
Parking Ratio 1.7/1,000 SF
Corridor Interior
Zoning B-2

AMENITIES

  • Business Center
  • Fitness Center
  • Pool
  • Wheelchair Accessible
  • Indoor Pool
  • Meeting Event Space
  • Public Access Wifi
  • Smoke Detector

ROOM MIX INFORMATION

DESCRIPTION NO. ROOMS DAILY RATE SF
Suite 9 $145.00 -
Guest Room 36 $94.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
14-36.0-226-010
Land Assessment
$115,795
Improvements Assessment
$602,699
Total Assessment
$718,494
  • Listing ID: 36258233

  • Date on Market: 6/14/2025

  • Last Updated:

  • Address: 3440 E Clear Lake Ave, Springfield, IL 62702

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}