Hotel-Motel
Comfort Inn Chicago Schaumburg - O'Hare Airport
1300 E Higgins Rd, Schaumburg, IL 60173
Listing Price: $7,995,000
Investment Overview
As the exclusive representative of the seller, Marcus & Millichap's Hospitality Division is pleased to present for sale to qualified investors the Comfort Inn Chicago Schaumburg - O'Hare Airport (‘Hotel’ or ‘Property’) located in Schaumburg, Illinois.
This four-story, 114-room hotel presents a new investor with the opportunity to acquire a fully renovated asset within the Chicago metropolitan statistical area near O’Hare International Airport. 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 a fitness center, business center, indoor heated pool, guest laundry facility, on-site lounge with a bar, and 400 square feet of meeting space.
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.
Investment Highlights
- Four-Story, 114-Room, Choice Hotels-Branded, Interior-Corridor Hotel
- Fully Renovated with Over $300,000 Spent in Recent Capital Improvements Including New Fire Panel, Sprinkler System Upgrades, and Elevator Upgrades
- Well-Positioned Off Interstate 90 Near Interstate 290
- Situated Less than Three Miles from Meridian Banquet & Conference Center and a Mile from Woodfield Mall, LegoLand, and GameWorks Chicago
- Less Than 3 Miles from Schaumburg Convention Center and 13 Miles from O'Hare International Airport
Listing Price: $7,995,000
Investment Highlights
- Four-Story, 114-Room, Choice Hotels-Branded, Interior-Corridor Hotel
- Fully Renovated with Over $300,000 Spent in Recent Capital Improvements Including New Fire Panel, Sprinkler System Upgrades, and Elevator Upgrades
- Well-Positioned Off Interstate 90 Near Interstate 290
- Situated Less than Three Miles from Meridian Banquet & Conference Center and a Mile from Woodfield Mall, LegoLand, and GameWorks Chicago
- Less Than 3 Miles from Schaumburg Convention Center and 13 Miles from O'Hare International Airport
Investment Overview
As the exclusive representative of the seller, Marcus & Millichap's Hospitality Division is pleased to present for sale to qualified investors the Comfort Inn Chicago Schaumburg - O'Hare Airport (‘Hotel’ or ‘Property’) located in Schaumburg, Illinois. This four-story, 114-room hotel presents a new investor with the opportunity to acquire a fully renovated asset within the Chicago metropolitan statistical area near O’Hare International Airport. 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 a fitness center, business center, indoor heated pool, guest laundry facility, on-site lounge with a bar, and 400 square feet of meeting space. 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.
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