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Hotel-Motel

Country Inn & Suites Sycamore

1450 S Peace Rd, Sycamore, IL 60178

Listing Price: $7,500,000

Cap Rate
7.70%
Number of Rooms
73
RevPAR
$66
Gross SF
14,132
Price/Room
$102,740
Price/Gross SF
$530.71
Year Built
1999

Investment Overview

Marcus & Millichap has been chosen to exclusively market for sale the Country Inn & Suites Sycamore, a three-story limited service hotel located in Sycamore, a suburb of Northern Illinois, approximately 55 miles west of Chicago, Illinois. The hotel's 73 guest rooms include a 37-inch 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 Country Inn & Suites Sycamore represents the opportunity to acquire a Radisson-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 Northern Illinois region.

Investment Highlights

  • Ideally Located Off of Illinois Highways 23 & 64, Approximately 1 Hour West of Chicago
  • 1 Mile to Northwestern Medicine Kishwaukee Hospital
  • 3 Miles to DeKalb Taylor Municipal Airport
  • 4 Miles to Northern Illinois University (16k+ Enrollment)
  • 7 Miles to NIU Convocation Center (~200 Events per Year)
  • Nearby Attractions Include Egyptian Theatre, Sycamore Speedway, Burlington Prairie Forest Preserve, Kane County Fairgrounds and More

Exclusively Listed By

Broker of Record

  • Steven D. Weinstock

    First Vice President / Regional Manager / Designated Managing Broker

    (630) 570-2200

    License(s) IL: 471.011175

    Illinois

Hotel-Motel

Country Inn & Suites Sycamore

Listing Price: $7,500,000

Cap Rate
7.70%
Number of Rooms
73
RevPAR
$66
Gross SF
14,132
Price/Room
$102,740
Price/Gross SF
$530.71
Year Built
1999

Investment Highlights

  • Ideally Located Off of Illinois Highways 23 & 64, Approximately 1 Hour West of Chicago
  • 1 Mile to Northwestern Medicine Kishwaukee Hospital
  • 3 Miles to DeKalb Taylor Municipal Airport
  • 4 Miles to Northern Illinois University (16k+ Enrollment)
  • 7 Miles to NIU Convocation Center (~200 Events per Year)
  • Nearby Attractions Include Egyptian Theatre, Sycamore Speedway, Burlington Prairie Forest Preserve, Kane County Fairgrounds and More

Investment Overview

Marcus & Millichap has been chosen to exclusively market for sale the Country Inn & Suites Sycamore, a three-story limited service hotel located in Sycamore, a suburb of Northern Illinois, approximately 55 miles west of Chicago, Illinois. The hotel's 73 guest rooms include a 37-inch 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 Country Inn & Suites Sycamore represents the opportunity to acquire a Radisson-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 Northern Illinois region.

Exclusively Listed By

Broker of Record

  • Steven D. Weinstock

    First Vice President / Regional Manager / Designated Managing Broker

    (630) 570-2200

    License(s): IL: 471.011175

    Illinois

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