Investment Overview

As the exclusive representative of the seller, Marcus & Millichap is pleased to present for sale to qualified investors the Antioch Hotel and Suites (‘hotel’ or ‘property’) located at 350 West Illinois Route 173 in Antioch, Illinois. The independent, select-service hotel is offered on a “Request for Offers” basis. Please reach out to the listing agent for more information. Situated on approximately 3.86 acres, the property features 68 guest rooms across three stories totaling approximately 39,984 square feet. Originally constructed in 1988, the hotel offers a comprehensive amenity package designed to accommodate both business and leisure travelers, including a fitness center, lounge and bar, indoor pool and hot tub, outdoor patio, complimentary Wi-Fi, breakfast service, in-room coffee makers, 65 parking spaces, and approximately 957 square feet of meeting space. Moreover, the property’s unique lakeside setting offers guests a resort-like atmosphere while maintaining convenient access to major transportation routes and regional attractions. Strategically located between the Chicago and Milwaukee metropolitan areas, the property benefits from a diverse mix of leisure, transient, business, and regional tourism demand while offering guests direct access to the Chain O’ Lakes region. The property benefits from an exceptional location along Illinois Route 173, which experiences approximately 15,700 vehicles per day and serves as Antioch’s primary commercial corridor. Situated directly on Antioch Lake, part of the renowned Chain O’ Lakes Waterway System, the hotel attracts boating enthusiasts, anglers, and recreational visitors throughout the year. Additional nearby demand generators include historic Downtown Antioch, Raven Glen Forest Preserve, Pine Dunes Forest Preserve, Wilmot Mountain Ski Resort, Gage Brothers Park, and the historic Hiram Buttrick Sawmill. The hotel also benefits from convenient access to the Metra North Central Service, which connects the area to Chicago, while Western Kenosha County Transit provides access to both Kenosha and Lake Geneva. Positioned near the Illinois-Wisconsin border, the property captures regional travel demand from both states and benefits from proximity to major transportation routes including Route 50 and U.S. Route 12. Additionally, the area’s growing retail and commercial development activity along Route 173 further supports long-term lodging demand growth. T5 Data Centers is currently developing the T5 @ Chicago IV campus in Grayslake, Illinois, a transformative hyperscale data center project spanning up to 472 acres and encompassing as many as 20 buildings totaling more than 10 million square feet. Situated 13.9 miles from the Property within the Cornerstone Grayslake business park, construction is underway on the first phase with the initial facilities expected to come online in 2027. Antioch is a highly desirable northern Illinois community located approximately 60 miles from downtown Chicago and 50 miles from Milwaukee, positioning it strategically between two of the Midwest’s largest metropolitan areas. The village offers exceptional regional accessibility, located approximately 43 miles from Chicago O’Hare International Airport and 40 miles from Milwaukee Mitchell International Airport. Outdoor recreation is a major driver of the local economy, with nearby destinations including Chain O’Lakes State Park, the Chain O’Lakes waterway system, and numerous lakes, trails, and recreational facilities throughout the region. The village experiences significant seasonal visitation driven by boating, fishing, lakefront recreation, festivals, and regional events, creating strong demand from both leisure and transient travelers. Combined with its growing commercial base and limited lodging supply, the market’s strategic location between two major metropolitan areas creates a compelling environment for hospitality investment.