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Hotel-Motel

Quality Inn & Suites Orland Park

8800 W 159th St, Orland Park, IL 60462

Listing Price: Request For Offer

Number of Rooms
149
RevPAR
$49
Gross SF
402,930
Year Built
1989

Investment Overview

Marcus & Millichap has been exclusively retained to offer for sale the fee simple interest in the 149-room Quality Inn & Suites located in Orland Park, Illinois, a suburb of Chicago. The hotel is a five-story property built in 1989 and located close to major interstates, highways and demand drivers. Quality Inn & Suites Orland Park-Chicago provides the opportunity for a new owner to acquire a full-service hotel that has unique amenities including a banquet/conference center and a casino gaming room. A new owner has the potential to realize significant RevPAR growth following a renovation, conversion and up-flagging the property to a full-service Marriott or IHG branded hotel.

Investment Highlights

  • Chicago Metropolitan Area
  • Full-Service Hotel
  • Significant Ancillary Revenue from Banquet/Conference Center and Gaming Room
  • Proximate to Major Demand Generators Including Hollywood Casino Amphitheatre, Orland Square Mall, University of Chicago Medicine, George W. Dunne National Golf Course, Panduit Corporation, and More

Exclusively Listed By

  • Scott J. Havericak

    First Vice President Investments

    (954) 245-3527

    Email Scott

    License(s): FL: SL3281416

    Fort Lauderdale

  • Robert S. Hunter

    Senior Vice President Investments

    (954) 245-3473

    Email Robert

    License(s): FL: SL3241692, AL: 00091540, NC: LC738

    Fort Lauderdale

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

Quality Inn & Suites Orland Park

Listing Price: Request For Offer

Number of Rooms
149
RevPAR
$49
Gross SF
402,930
Year Built
1989

Investment Highlights

  • Chicago Metropolitan Area
  • Full-Service Hotel
  • Significant Ancillary Revenue from Banquet/Conference Center and Gaming Room
  • Proximate to Major Demand Generators Including Hollywood Casino Amphitheatre, Orland Square Mall, University of Chicago Medicine, George W. Dunne National Golf Course, Panduit Corporation, and More

Investment Overview

Marcus & Millichap has been exclusively retained to offer for sale the fee simple interest in the 149-room Quality Inn & Suites located in Orland Park, Illinois, a suburb of Chicago. The hotel is a five-story property built in 1989 and located close to major interstates, highways and demand drivers. Quality Inn & Suites Orland Park-Chicago provides the opportunity for a new owner to acquire a full-service hotel that has unique amenities including a banquet/conference center and a casino gaming room. A new owner has the potential to realize significant RevPAR growth following a renovation, conversion and up-flagging the property to a full-service Marriott or IHG branded hotel.

Exclusively Listed By

  • Scott J. Havericak

    First Vice President Investments

    (954) 245-3527

    Email Scott

    License(s): FL: SL3281416

    Fort Lauderdale

  • Robert S. Hunter

    Senior Vice President Investments

    (954) 245-3473

    Email Robert

    License(s): FL: SL3241692, AL: 00091540, NC: LC738

    Fort Lauderdale

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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