This Hospitality Property is no longer advertised on LoopNet.com.

3446 Freedom Dr
Springfield, IL 62704
Spark by Hilton Springfield Southwest · Hospitality Property For Sale · 62 Rooms

Investment Highlights

  • Strong government, corporate, and leisure demand
  • Near Illinois State Capitol
  • Minimal loss in revenue with PIP
  • Low cost rebranding opportunity with Best Western
  • 50% replacement cost post PIP

Property Facts

Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 1.67 AC
Building Size 27,772 SF
No. Rooms 62
No. Stories 3
Year Built/Renovated 1992/2024
Parking Ratio 2.07/1,000 SF
Corridor Interior

Amenities

  • Business Center
  • Pool
  • High Speed Internet Access
  • Public Access Wifi
  • Smoke-Free
  • Hot Tub
  • Digital key

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 16 $174.00 -
Guest Room 46 $154.00 -

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 21-13.0-227-013
  • 21-13.0-402-001
Land Assessment
$327,080
Improvements Assessment
$610,255
Total Assessment
$937,335
  • Listing ID: 24330338

  • Date on Market: 10/20/2021

  • Last Updated:

  • Address: 3446 Freedom Dr, Springfield, IL 62704

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