Spark by Hilton
Springfield, IL
3446 Freedom Dr Springfield, IL 62704
INVESTMENT DETAILS
Opportunity
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Fee-simple interest in a recently renovated 62-room Spark by Hilton Springfield IL, currently operated under third-party management
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Demonstrated positive revenue trend following the recent Spark conversion, reflecting strong brand alignment and refreshed product positioning
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Offered at a significant discount to replacement cost and available unencumbered of debt and management
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Ability to retain the Hilton flag under a new long-term franchise agreement, subject to brand approval
- Opportunity for a local owner-operator to implement hands-on management, enhance competitive positioning, and improve operating efficiencies
- Positioned to benefit from the May 2026 opening of Scheels Sports Park at Legacy Pointe, a significant new regional sports and event destination
Location
- Located in Springfield, Illinois, the state capital with a population of approximately 114,000 residents
- Immediate access to Interstate 55 and Interstate 72, two major regional corridors carrying more than 20,000 vehicles per day
- Minutes from the Illinois State Capitol Complex, which supports year-round government and administrative activity
- Situated near Memorial Health and HSHS St. John’s Hospital, which together operate more than 900 hospital beds and serve as major regional healthcare employers
- Proximate to leading employers including Horace Mann, Bunn-O-Matic Corporation, and numerous State of Illinois agencies
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Convenient access to University of Illinois Springfield and Lincoln Land Community College
Market Development
- Scheels Sports Park (Opening May 2026) – A $65M regional sports complex spanning over 70 acres, anchored by a 190K square-foot indoor sports dome and eight outdoor synthetic turf fields. The development is designed to attract large-scale tournaments and regional events, further elevating Springfield’s position as a Central Illinois destination
