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

3470 Freedom Dr
Springfield, IL 62704
 Sleep Inn - Springfield West · Hospitality Property For Sale · 23,048 SF

Hotels Illinois Springfield 3470 Freedom Dr, Springfield, IL 62704

INVESTMENT HIGHLIGHTS

  • A stylish, modern, three-story hotel possessing 23,048 square feet and 61 guest rooms.
  • Prime hospitality investment opportunity to acquire a modern, Choice Branded hotel with a strong community presence and brand awareness.
  • Ideal opportunity to access a growing market with considerable growth in both room sales and RevPar, with 78,000 rooms sold in January 2023.
  • Great location just off I-72, with easy access to popular tourist destinations and retail amenties such as Walmart, and Target.
  • Offers sought after amenties to guests including a spacious breakfast area, WiFi, business center, and ample parking.
  • Currently third-party managed, a new owner-operator can see upside through a reduction in hotel operational expenses.

PROPERTY FACTS

Sale Condition Auction Sale
Type of Ownership Fee Simple
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 0.98 AC
Building Size 23,048 SF
No. Stories 3
Year Built/Renovated 1994/2004
Parking Ratio 2.04/1,000 SF
Corridor Interior
Zoning 60 - improved commercial

AMENITIES

  • Business Center
  • High Speed Internet Access
  • Public Access Wifi
  • Smoke-Free

PROPERTY TAXES

Parcel Number 21-13.0-402-012 Improvements Assessment $258,484
Land Assessment $155,037 Total Assessment $413,521
Print
 

  • Listing ID: 27742207

  • Date on Market: 2/13/2023

  • Last Updated:

  • Address: 3470 Freedom Dr, Springfield, IL 62704

The Hospitality Property at 3470 Freedom Dr, Springfield, IL 62704 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.

NEARBY LISTINGS

Connect with us

© 2025 CoStar Group

The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.