O'Neil Property Group
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$299,000
72 Days On Site

16733 Il Highway 40 Highway
Sheffield, IL 61361

For Sale|Mixed Use|Active
0
Beds
0
Total Baths
11,325.6
SqFt
$26
/SqFt
1979
Built
County:
Bureau
Listing Courtesy of MRED as distributed by MLS Grid of eXp Realty
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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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Listing Snapshot
Priceย 
$299,000
Days On Siteย 
72 Days
Bedroomsย 
N/A
Inside Area (SqFt)ย 
11,325.6 sqft
Total Bathsย 
N/A
Full Bathsย 
N/A
Partial Bathsย 
N/A
Lot Sizeย 
2.55 Acres
Year Builtย 
1979
MLSยฎ Numberย 
12702759
Statusย 
Active
Property Taxย 
$2,496
HOA/Condo/Coop Feesย 
N/A
Sq Ft Sourceย 
N/A
Friends & Family
Recent Activity
2 months agoListing updated with changes from the MLSยฎ
2 months agoStatus changed to Active
2 months agoListing first seen on site
General Features
Acresย 
2.55
Property Sub Typeย 
Mixed Use
SqFt Totalย 
11325.6
Zoningย 
COMMR
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Community Features
MLS Areaย 
Sheffield
Listing Courtesy of MRED as distributed by MLS Grid of eXp Realty



Based on information submitted to the MLS GRID as of 2026-09-24 04:39 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2026-09-24 04:39 AM UTC
MRED DMCA Copyright Information Copyright ยฉ 2026 Midwest Real Estate Data LLC. All rights reserved.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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