31-Story, Full-Service Downtown Hotel

700 E Adams St, Springfield, IL 62701

Property Information

  • For Sale Subject To Offer
  • Property Type Other
  • Property Size 374,200 SF
  • Lot Size 1.15 Acre
  • Property Tenancy Single Tenant
  • Date Updated Jul 27, 2026

Description

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.

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

Contacts

Location

Located at 700 E Adams St, Springfield, IL 62701, this property is part of the Downtown Springfield neighborhood.

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