31-Story, Full-Service Downtown Hotel

For Sale

700 E Adams St, Springfield, IL 62701

This Springfield property for sale is located at 700 E Adams St. Contact the listing broker for details on the current sale price for 31-Story, Full-Service Downtown Hotel. 31-Story, Full-Service Downtown Hotel is situated on a lot that is 1.15 acre in size.

Contacts

Jamie Coté

Hilco Global

Property Details

  • Property Type Other
  • Property Size 374,200 SF
  • Lot Size 1.15 Acre
  • Property Tenancy Single Tenant
  • Date Updated Jul 23, 2026
Located in the heart of downtown Springfield, 700 E. Adams Street benefits from a diverse and stable demand base driven by government, convention and tourism activity. Adjacent to the Bank of Springfield Center and within walking distance of the Illinois State Capitol, state government offices and major Lincoln attractions, the hotel is positioned to capture year-round visitation from legislators, government contractors, conference attendees and leisure travelers. Additional demand is generated by conventions, concerts and sporting events at the BOS Center, while the property's central business district location and proximity to Amtrak provide convenient access for regional and out-of-state visitors. Together, these demand drivers support consistent occupancy and make downtown Springfield one of Central Illinois' most established hospitality markets.The former Wyndham City Centre is a landmark full-service hotel located in the heart of downtown Springfield, Illinois, the state capital and a major government, business and convention destination. Situated on approximately 1.15 acres, the property is improved with a prominent 31-story hotel tower totaling approximately 374,200 SF. Originally constructed in 1972, the hotel contains 370 guestrooms and suites and remains one of the largest hospitality assets in the Springfield market. The property offers a full complement of guest amenities, including a restaurant and lounge, Starbucks café, business center, indoor pool and fitness center. Its iconic glass façade and commanding presence on the Springfield skyline make it one of the city's most recognizable hospitality properties. A key feature of the asset is its approximately 50,000 SF of meeting and event space, including ballrooms, breakout rooms, boardrooms and specialty venues. The property is well equipped to accommodate conventions, government functions, corporate meetings, weddings and social events, with adjacent structured parking providing convenient access for guests and event attendees.
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Highlights

  • Approximately 50,000 SF of meeting & event space, among the largest offerings in the market
  • Communications lease on roof that generates $XXXXXX of annual revenue available separately
  • Comprehensive amenity package featuring indoor pool, fitness center, business center & structured parking
  • Food & beverage operations included The Grille at City Center & Starbucks
  • Landmark, 31-story high-rise tower totaling approximately 374,200 SF

Attachments

Getting around

  • 85/100

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  • 50/100

    Transit Score ®

  • 72/100

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Location

  • City Springfield, IL
  • Neighborhood Downtown Springfield
  • Zip Code 62701

Points of Interest

  • Springfield

    0.32 miles

  • Marathon

    0.38 miles

  • Citgo

    0.73 miles

  • Moto Mart

    0.94 miles

  • Gas Depot

    0.95 miles

  • Qik-N-EZ

    1.10 miles

  • BP

    1.14 miles

  • Casey's General Store

    1.42 miles

  • Circle K

    1.45 miles

  • Express Mart

    1.62 miles

  • Blink

    3.05 miles

  • Municipal Parking Deck

    0.03 miles

  • Bank of Springfield Center Parking

    0.07 miles

  • Sangamon County Parking Lot

    0.09 miles

  • Herndon Parking Ramp

    0.17 miles

  • Christ Church Parking

    0.20 miles

  • Lincoln Home Parking

    0.23 miles

  • Municipal Parking

    0.28 miles

  • Madison Street Parking Lot

    0.30 miles

  • Mason Street Parking Ramp

    0.31 miles

  • Monthly Parking

    0.36 miles

  • Wyndham Springfield City Centre

    0.02 miles

  • President Abraham Lincoln Hotel, Doubletree by Hilton

    0.05 miles

  • Mansion View Inn

    0.38 miles

  • State House Inn, Trademark Collection by Wyndham

    0.44 miles

  • Statehouse Inn

    0.46 miles

  • Carpenter Street Hotel

    0.48 miles

  • Inn at 835

    0.67 miles

  • Pasfield House Inn

    0.72 miles

  • Howard Johnson Inn & Suites Springfield

    1.80 miles

  • Shamrock Motel

    2.30 miles

  • The Keep Store

    0.27 miles

  • County Market

    0.55 miles

  • Humphrey's Market

    1.36 miles

  • Save-A-Lot

    1.51 miles

  • Robert's Seafood Market

    1.91 miles

  • Hy-Vee

    2.10 miles

  • JCPenney

    2.14 miles

  • Schnucks

    2.42 miles

  • Little World International

    2.60 miles

  • Big Lots

    3.35 miles

Contact Listing Broker
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