Currently viewing 1 of 11
For more information on this property, contact Schramm & Associates at 563-332-9110 or whyusaschramm@gmail.com

3440 E Clear Lake Avenue
Springfield, Illinois IL 62702
Sold For: $2,700,000
Listing ID CA1012021
Status Closed
Sold Date 11/16/2022
SqFt 26,430
Acres 0.970
Year Built 1999

Property 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.

Features

Year Built: 1999
County: Sangamon
Property Type: Commercial Sale
Property Sub Type: Commercial
Zoning: Commercial

Interior

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

External

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

Location

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

Additional

Buyer Agency Compensation: 2
Handicap Modified: Yes
Possible Use: Other, Investment
Documents Count: 4
Landlord Contributes: no
Input Type: Commercial

Financial

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

Zoning Info


© Copyright 2024 RMLS Alliance. All rights reserved. This information is provided for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties in which they may be interested in purchasing. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of RMLS Alliance. Real estate listings held by brokerage firms other than WHY USA Schramm and Associates are marked with the RMLS logo and detailed information about them includes the name of the listing brokers.
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 RMLS data on this page was last updated on Friday, March 29th, 2024.

Listed by: The Real Estate Group, Inc. Mobl: 217-638-1360

Request More Information - Listing ID CA1012021

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Data services provided by IDX Broker
{"page":"listing","idxID":"b122","listingID":"CA1012021","extra":"3440-E-Clear-Lake-Avenue-Springfield-IL-62702","printable":"","type":"moreinfo"}
https://whyusaqc.com
details.php
https://mls.whyusaqc.com
details