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700 E Adams St
Springfield, IL 62701
Wyndham Springfield City Centre · Hospitality Property For Sale
·
295,840 SF
Investment Highlights
- The Hotel’s current zoning is S-3, which allows for redevelopment into retail, offices, residential, or mixed-uses.
- The Hotel is within walking distance to major government institutions that dominate the city along with corporate and medical demand generators.
- Includes a variety of revenue streams inclusive of retail rental income, 25 apartments located on floors 17–20, and a 525-stall parking garage.
- Springfield’s economy has a diverse economic composition that is fueled by government institutions that account for 25.7% of the employment.
Property Facts
| Property Type | Hospitality | Building Size | 295,840 SF |
| Property Subtype | Hotel | No. Stories | 30 |
| Building Class | B | Year Built/Renovated | 1974/2027 |
| Lot Size | 1.16 AC | Corridor | Interior |
| Construction Status | Under Renovation | ||
| Zoning | C | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.16 AC |
| Construction Status | Under Renovation |
| Building Size | 295,840 SF |
| No. Stories | 30 |
| Year Built/Renovated | 1974/2027 |
| Corridor | Interior |
| Zoning | C |
Amenities
- Business Center
- Fitness Center
- Pool
- Restaurant
- Shuttle Service
- On-Site Retail
- High Speed Internet Access
- On-Site Bar
- Convention Hotel
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
Property Taxes
| Parcel Number | 14-34.0-132-011 | Improvements Assessment | $734,077 |
| Land Assessment | $388,801 | Total Assessment | $1,122,878 |
Property Taxes
Parcel Number
14-34.0-132-011
Land Assessment
$388,801
Improvements Assessment
$734,077
Total Assessment
$1,122,878
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