700 E Adams St | Springfield, IL 62701
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- LoopNet Team
700 E Adams St
Springfield, IL 62701
Wyndham Springfield City Centre · Hospitality Property For Sale · 1,365,418 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 | 1,365,418 SF |
| Property Subtype | Hotel | No. Stories | 30 |
| Building Class | B | Year Built/Renovated | 1974/2026 |
| Lot Size | 1.16 AC | Corridor | Interior |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.16 AC |
| Building Size | 1,365,418 SF |
| No. Stories | 30 |
| Year Built/Renovated | 1974/2026 |
| Corridor | Interior |
Amenities
- Business Center
- Fitness Center
- Pool
- Restaurant
- Shuttle Service
- High Speed Internet Access
- On-Site Bar
- Convention Hotel
- Meeting Event Space
- Wedding Venue
- Public Access Wifi
- Smoke-Free
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $872,532 | |
| Land Assessment | $355,136 | Total Assessment | $1,227,668 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$355,136
Improvements Assessment
$872,532
Total Assessment
$1,227,668
zoning
| Zoning Code | C |
| C |
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