Hotel-Motel200 S Mannheim Rd, Hillside, IL 60162 Show Listing Price: $15,250,000Investment OverviewMarcus & Millichap has been chosen to exclusively market for sale the Holiday Inn Express & Suites Chicago West O'Hare Airport, a five-story limited service hotel located in Hillside, a suburb west of Chicago, Illinois. The hotel's 135 guest rooms include a flat-screen TV, work desk, refrigerator, microwave and coffee maker. Hotel amenities include a heated indoor pool & spa, meeting space, business center, fitness center and complimentary breakfast. The property is ideally located 14 miles west of Downtown Chicago and only 8 miles south of O'Hare Airport, the fourth-busiest airport in the world. The market is host to several museums and sporting venues, including the United Center (home to NBA's Chicago Bulls) and Wrigley Field (home to MLB's Chicago Cubs), among others. Nearby attractions include Brookfield Zoo, Garfield Park, Chicago Riverwalk and Navy Pier. Chicago is also the third-largest metropolitan area in the U.S. The Chicago MSA benefits from a large, diverse employment base. There are approximately 4.6 million workers in the region, as well as 35 Fortune 500 companies based locally. The number of corporate headquarters in Chicago is second to only New York City. The largest companies located within 10 miles of the property include Advocate Aurora Health, Walmart and American Airlines. The Holiday Inn Express & Suites Chicago West O'Hare Airport represents the opportunity to acquire an IHG-branded hotel in a desirable market near several demand drivers. Our Pro Forma analysis assumes market recovery to pre-pandemic levels by year two, then continued modest growth supported by the increasing population and demand growth in the Chicago region. Investment Highlights
Exclusively Listed By
Broker of Record
Listing Price: $15,250,000Investment Highlights
Investment OverviewMarcus & Millichap has been chosen to exclusively market for sale the Holiday Inn Express & Suites Chicago West O'Hare Airport, a five-story limited service hotel located in Hillside, a suburb west of Chicago, Illinois. The hotel's 135 guest rooms include a flat-screen TV, work desk, refrigerator, microwave and coffee maker. Hotel amenities include a heated indoor pool & spa, meeting space, business center, fitness center and complimentary breakfast. The property is ideally located 14 miles west of Downtown Chicago and only 8 miles south of O'Hare Airport, the fourth-busiest airport in the world. The market is host to several museums and sporting venues, including the United Center (home to NBA's Chicago Bulls) and Wrigley Field (home to MLB's Chicago Cubs), among others. Nearby attractions include Brookfield Zoo, Garfield Park, Chicago Riverwalk and Navy Pier. Chicago is also the third-largest metropolitan area in the U.S. The Chicago MSA benefits from a large, diverse employment base. There are approximately 4.6 million workers in the region, as well as 35 Fortune 500 companies based locally. The number of corporate headquarters in Chicago is second to only New York City. The largest companies located within 10 miles of the property include Advocate Aurora Health, Walmart and American Airlines. The Holiday Inn Express & Suites Chicago West O'Hare Airport represents the opportunity to acquire an IHG-branded hotel in a desirable market near several demand drivers. Our Pro Forma analysis assumes market recovery to pre-pandemic levels by year two, then continued modest growth supported by the increasing population and demand growth in the Chicago region. Exclusively Listed By
Broker of Record
|
200 south mannheim road hillside illinois 60162 united states
Related Posts
Copyright © 2024 themosti Inc.
