Investment Overview

As the exclusive representative of the seller, Marcus & Millichap's Hospitality Division is pleased to present for sale to qualified investors the Wingate by Wyndham Schaumburg Convention Center (‘Hotel’ or ‘Property’) located in Schaumburg, Illinois. This four-story, 81-room hotel presents a new investor with the opportunity to acquire a fully stabilized asset within the Chicago metropolitan statistical area. An investor, looking to act as an owner-operator, can maximize profits through a reduction in management costs for the property. The hotel is well-equipped with fitness center, and 1,100 square feet of meeting and event space. With the event space, the hotel can be arranged to accommodate two meeting rooms, each holding up to 45 guests. In addition, this property has multiple shuttles on site for airport pick-up and drop-off. Schaumburg, located in Illinois, is a thriving suburb known for its dynamic blend of business, entertainment, and cultural attractions. Home to the renowned Woodfield Mall, one of the largest shopping centers in the United States, Schaumburg offers an extensive array of shops, restaurants, and entertainment options, making it a hub for shoppers and food enthusiasts. Additionally, Schaumburg boasts a vibrant culinary scene, with diverse restaurants serving international cuisines, reflecting the town's cultural diversity. The village is home to numerous parks and recreational areas, providing outdoor enthusiasts with opportunities for hiking, biking, and picnicking. Schaumburg is a key business center, hosting corporate headquarters, technology firms, and a convention center, making it a bustling hub for professionals and entrepreneurs. The Schaumburg Boomers Stadium offers baseball games and entertainment events, providing a fun outing for sports enthusiasts and families. Furthermore, the village hosts cultural events, including art festivals, music concerts, and community gatherings, fostering a strong sense of community. Schaumburg's strategic location near O'Hare International Airport and its accessibility to major highways make it a convenient destination for travelers. Property tours are available by appointment only. Please contact Michael Klar at michael.klar@marcusmillichap.com or 630-570-2175 to schedule a tour.