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Front exterior at 16733 Il Highway 40, Sheffield, IL
For SaleActive

16733 Il Highway 40, Sheffield, IL 61361

Built 1979

$250,000

About This Home

This 0-bedroom, 0-bathroom commercial at 16733 Il Highway 40 in Sheffield, IL is listed for $250,000. Built in 1979, on a 2.55 acres lot.

Key Features

  • Built in 1979
  • 2.55 acre lot
  • 2 stories

Property Details

2 stories
1979
Listing Description

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.

Monthly Cost Estimate

$1,337/mo

20% down · 6.5% · 30 years

Principal$181
Interest$1,083
Insurance$73

Estimates only. Actual payments may vary.

Location

16733 Il Highway 40

Sheffield, IL 61361

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 16733 Il Highway 40 is listed at $250,000. The estimated monthly payment is $1,337 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1979, 2.55 acre lot, 2 stories.

This property is listed by Jeannie Fisher.

JF

Jeannie Fisher

Agent at eXp Realty, LLC

Listed by eXp Realty, LLC · Broker phone: (888) 574-9405 · Broker website

MLS# 12702759· Source: Midwest Real Estate Data, LLC· 123 days on PropertySimple

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.

16733 Il Highway 40, Sheffield, IL 61361

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