Hotel-Motel
Country Inn & Suites Sycamore
1450 S Peace Rd, Sycamore, IL 60178
Listing Price: $7,500,000
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.
Country Inn & Suites Sycamore
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
Listing Price: $7,500,000
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
