Property Type | Hospitality |
Property Subtype | Hotel |
Building Class | B |
Lot Size | 1.16 AC |
Building Size | 46,446 SF |
No. Stories | 2 |
Year Built/Renovated | 1957/2008 |
Parking Ratio | 1.08/1,000 SF |
Corridor | Exterior |
Zoning | Commercial |
Property tours will be held July 11th and 12th by appointment only. Please contact the listing broker to schedule. Please do not disturb hotel guests or employees. Performance upside potential through a revamped strategy, implementation of strategic cost control initiatives and employment of more aggressive revenue management practices. Springfield, Illinois is the capital of Illinois and boasts a dynamic economy which includes strong medical and healthcare sectors, higher education institutions, corporations and tourism. Branding flexibility presents a new owner the opportunity to rebrand/reposition the asset. Conveniently located on Interstate Highways 55 and 72, in close proximity to St. Louis to the south, Chicago to the north and Indianapolis to the east.
Parcel Number | 14-34.0-156-024 | Improvements Assessment | $246,764 |
Land Assessment | $202,647 | Total Assessment | $449,411 |
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