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101 E Adams Street Springfield, IL $ 5,300,000
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$ 5,300,000 Get more info
101 E Adams Street
$ 5,300,000
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101 E Adams Street

Springfield, IL, 62701
$ 5,300,000
Bedrooms-- Baths-- Sq 103,000

Monthly Estimate*

$ 32,633

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Commercial Property for sale in Springfield, IL

for $5,300,000. This 103,000 square foot building was built on a lot size of 1.88705.

The State House Inn, a standout destination and a proud member of Trademark Collection by Wyndham, offers an exceptional downtown Springfield location directly across from the Illinois State Capitol and within walking distance of government buildings, historic sites, and museums. Listed on the local historic registry and celebrated as a "historic boutique hotel," the property blends mid-century heritage with modern comfort following its 2018-2019 renovations. Its central position in the heart of the city's government and historic district, combined with convenient amenities and easy access to Springfield's top attractions, makes it an ideal choice for all travelers whether government visitors, business guests, or families exploring the capital.

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Commercial Active

Price

$ 5,300,000

Property Type

Commercial

Taxes

$ 80,666

Style

Hotel/Motel

Lot Size

1.88705

Town/City

Springfield

County/Region

Sangamon

MLS | Web ID

12526501
Features
General
Cooling Central Air
Possession Closing
Zoning COMMR
Construction Materials Concrete
Stories Count 3
Tax Year 2024
Current Use Commercial
Business Type Hotel/Motel
County Sangamon
Operating Expense 0
Property Type Business Opportunity Bus / Bus w/Real Est
Status New
Directions I 55- East on Clear Lake Ave. North on 2nd St. right on Adams St. Downtown -around 4th-47th St. on Adams St.
City Springfield
MLS Area Springfield
Lot Size Square Feet 82200
Tax Annual Amount 80666
Additional Parcels Y/N N
Standard Status Active
Ownership Type Corporation
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Exterior
Building Area Total 103000
Lot Dimensions 200x157x80x350
Frontage Type City Street
Waterfront Y/N N
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* Excluded Features
List By
Century 21 Circle

Broker

mark@chicagorealestatemarkets.com

Email

Affordability Calculator

$39,355
Per Month
83%
17%
0%
Monthly Principal & Interest
$32,633
Monthly Property Taxes
$6,722
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
2/20/2026$5,300,000 Listed Price

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101 E Adams Street, Springfield, IL, 62701 is a Commercial Property for sale at $5,300,000 with 103,000 sqft and a lot size of 1.88705. The property's zip code is 62701 which is in Springfield, IL

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