Investment Overview

As the exclusive representative of the seller, Marcus & Millichap's National Hospitality Division is pleased to present for sale to qualified investors the Ramada Plaza by Wyndham Chicago North Shore located in Wheeling, Illinois. The Wyndham Hotels & Resorts-branded Hotel is offered on a “call for offers” basis. Please reach out to the listing agent for more information. Wheeling, Illinois, located in the Chicago-Naperville-Elgin, IL-IN-WI Metropolitan Statistical Area, is about 23 miles northwest of downtown Chicago. The Property sits on 4.03 acres near the intersection of major transportation routes Highway 45 and Interstate 294. An ideal location for both business and leisure travelers, in 2022 just under 49 million tourists traveled to Chicago. O’Hare International Airport, located just 12.7 miles away from the Hotel, is the fourth busiest airport in the world by passenger count, recording more than 68 million passengers in 2023. This offering presents a new investor the chance to acquire an opportunistic asset within the Chicago-Naperville-Elgin, IL-IN-WI Metropolitan Statistical Area. Chicago is home to over ten Fortune 500 companies such as Boeing Corporate Headquarters (12.6 miles), ADM Global Headquarters (25.3 miles), McDonald’s Corporate Office (25.1 miles), United Airlines (7.5 miles), and many others. The “Windy City” attracts travelers to see the Art Institute of Chicago (23.6 miles), Millennium Park (26.9 miles), Navy Pier (26.3 miles), Wrigley Field (21.7 miles), and Soldier Field (29.4 miles). More locally, Willowbrook offers multiple outdoor ventures such as Chicago Botanic Gardens (10.1 mi) and Des Plaines River Trail (12.7 miles), a scenic multi-use trail that winds along the Des Plaines River, offering opportunities for hiking, biking, and wildlife viewing. The village also maintains several golf courses, including Chevy Chase Country Club (4.5 mi) and Rob Roy Golf Course (3.2 mi), providing options for golf enthusiasts of all skill levels. Cultural and entertainment attractions abound in Wheeling. The Raupp Museum (7.9 mi) showcases the village's rich history through exhibits, artifacts, and educational programs. The Wheeling Symphony Orchestra and the Wheeling Park District (4.1 mi) frequently host concerts, performances, and community events. Additionally, the Chicago Executive Airport (1.7 mi), located in Wheeling, serves as a vital aviation hub for private and corporate aircraft. Lastly, the Rivers Casino Des Plaines is near O’Hare International Airport and just 8.6 miles from the Property.