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16733 Il Highway 40
Sheffield IL 61361 US

$299,000

Active Listing ID 12702759
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Lot: 2.55 Acres
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Other

$299,000

Active Listing ID 12702759
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16733 Il Highway 40 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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Property Features

  • Facts
  • Lot Size: 2.55 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Other

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 299000
  • unparsedaddress: 16733 Il Highway 40
  • postalcity: Sheffield
  • stateorprovince: IL
  • country: US
  • postalcode: 61361
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 2.55
  • lotsizeunits: Acres
  • lotsizearea: 2.55
  • livingarea: 0
  • livingareaunits: Square Feet
  • listagentfullname: Jeannie Fisher
  • listagentemail: jeanniefisherexp@gmail.com
  • listagentkey: 3yd-MREDIL-930661
  • listagentmlsid: 930661
  • listagentpreferredphone: (888) 574-9405
  • listagentofficephone: 8152131266
  • listofficekey: 3yd-MREDIL-93989
  • listofficemlsid: 93989
  • disclaimer: Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MREDIL
  • yearbuilt: 1979
  • listingcontractdate: 2026-07-13
  • listagenturl: https://exprealty.com/
  • countyorparish: Bureau
  • parcelnumber: 1409200003
  • numberofunitstotal: 50
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: None
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"eXp Realty, LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"jeanniefisherexp@gmail.com", "ListBrokerageCity":"Chicago", "ListBrokerageCountry":"US", "ListBrokerageEmail":"il.broker@expreatly.net", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/MREDIL/a3021210a6cb11e290dc1231390c3dc2/20241220182434696.png", "ListBrokerageName":"eXp Realty, LLC", "ListBrokeragePhone":"(888) 574-9405", "ListBrokeragePostalCode":"60642", "ListBrokerageStateOrProvince":null, "ListBrokerageUnitNumber":"#750", "ListBrokerageUnparsedAddress":"939 W North Ave", "ListBrokerageWebsiteUrl":"https://exprealty.com/", "ListOfficeAddress1":"939 W North Ave Suite 750 ", "ListOfficeAddress2":"#750", "ListOfficeBrokerMlsId":"93989", "ListOfficeCity":"Chicago", "ListOfficeCountry":"US", "ListOfficeEmail":"il.broker@exprealty.net", "ListOfficePostalCode":"60614", "ListOfficeStateOrProvince":"IL", "ListPriceCurrencyType":"USD", "ListingTitle":"COMMERCIAL - Sheffield, IL", "ListingURL":null, "MLSModificationTimestamp":"2026-07-13 05:07:03", "Neighborhoods":[{"Description":null, "Name":"Sheffield"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":2496, "TaxDescription":null, "TaxYear":"2024"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 7/13/2026 5:07:03 AM GMT
Source Updated Date: 7/16/2026 12:44:24 PM GMT

Courtesy of: Jeannie Fisher, eXp Realty, jeanniefisherexp@gmail.com

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.