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3440 E Clear Lake Avenue Springfield ,
Illinois IL 62702 Status Closed
Sold Date 11/16/2022
SqFt
26,430
Acres
0.970
County Sangamon
Year Built 1999
Property Type Commercial Sale
Property Sub Type Commercial
Description
Well run Best Western hotel in the gateway to Springfield. Located off I72 and I55 great access to downtown and hospitals. 45 rooms, indoor pool, exercise room, laundry room, and breakfast area for guests. Location access to downtown, medical district, state fair and grounds, NEW Sports-complex, retail, and restaurants. The hotel is maintained at a high level with experienced manager and staff that will stay with the hotel. All improvements are current to the hotel franchise requirements.
Year Built
1999
County
Sangamon
Property Type
Commercial Sale
Property Sub Type
Commercial
Zoning
Commercial
Levels
Two
Building Features
Cable, Community Wifi, Wireless Internet
Available SqFt
26430
Heating
Forced Air, Individual Unit
Cooling
Central Air, Individual Units
Flooring
Carpet, Tile/Vinyl
Construction Materials
Frame, Masonry, Stucco
Number Of Buildings
1
Frontage Type
City Street, Interstate
Parking Total
45
Lot Size Dimensions
261 x 167
Irregular Lot
no
Lot Size SqFt
43587
Sewer
Public Sewer
Electric Company
CWLP
Gas Company
Ameren
Roof
Composition Shingle
Sprinkler
yes
100 Year Flood Plain
No
Directions
E on Clear Lake Ave, hotel on right side next to Shell Station and before I72
Building Name
Spfld. Clearlake Plaza
MLS Area Minor
Springfield
Buyer Agency Compensation
2
Handicap Modified
Yes
Possible Use
Other, Investment
Documents Count
4
Landlord Contributes
no
For Sale
yes
Assets Included
yes
Tax Annual Amount
33510.54
Tax Incentive
None
Tax Year
2020
Current Financing
None
Net Operating Income
771193
Gross Operating Income
804704
For Lease
no
Underground Storage Tank
no
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The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but is not guaranteed and should be independently verified through personal inspection and/or with the appropriate professionals. The offer is made only to Participants of the MLS where the listing is filed
The RMLS data on this page was last updated on Friday, March 29th, 2024.
Listed by: The Real Estate Group, Inc. Mobl: 217-638-1360