16733 Il Highway 40 Highway Sheffield, IL $ 299,000
16733 Il Highway 40 Highway
$ 299,000
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16733 Il Highway 40 Highway

Sheffield, IL, 61361
$ 299,000
Bedrooms-- Baths-- Sq 11,325
16733 Il Highway 40 Highway, Sheffield, IL 61361 - Image 1

Property for Rent in Sheffield, IL

for $299,000. This 11,325 square foot property was built in 1979 on a lot size of 2.55.

Former Knights Inn hotel conveniently located off I-80 at Exit 45 in Sheffield, IL. This approximately 24,000 sq. ft. hospitality property features 50 guest rooms, manager's and owner's apartments, a fitness room, restaurant, and bar. Excellent visibility and easy interstate access make this a prime opportunity for redevelopment, renovation, or continued hospitality use.

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Rental Active

Price

$ 299,000

Taxes

$ 2,496

Style

Lot Size

2.55

Year Built

1979

Town/City

Sheffield

County/Region

Bureau

MLS | Web ID

12702759

Features
General
Cooling Small Duct High Velocity
Zoning COMMR
Year Built 1979
Electric Other
Stories Count 2
Property Subtype Mixed Use
Tax Year 2024
Gross Income 0
County Bureau
Insurance Expense 0
Property Type Commercial Sale Mixed Use
Status Active
Directions Follow Hoover Rd/IL-40 22.1 mi about 23 min You have arrived at State Route 40/IL-40/County Hwy-900 B 16733 IL-40 Sheffield IL 61361
City Sheffield
Number Of Units Total 50
MLS Area Sheffield
Lot Size Square Feet 111078
Tax Annual Amount 2496
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Lease Type N/A
Standard Status Active
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Exterior
Building Area Total 11325.6
Lot Dimensions PT E SI E1/2 NE D 23-4151
Lot Size Acres 2.55
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* Excluded Features
List By
Exp Realty

Broker

Jeanniefisherexp@gmail.com; jeannie.fisher@exprealty.com

Email

Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/13/2026$299,000 Listed Price

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16733 Il Highway 40 Highway, Sheffield, IL, 61361 is a Property for Rent at $299,000 with 11,325 sqft and a lot size of 2.55. 16733 Il Highway 40 Highway was built in 1979. The property's zip code is 61361 which is in Sheffield, IL