Hotels for Sale

MOTEL 6 SCHILLER PARK, IL

Address:
Schiller Park, Illinois
Description:
  • Fee simple interest in the institutionally owned and operated 143-room Motel 6 Chicago O’Hare – Schiller Park, IL priced at a fraction of replacement cost
  • Two-story, mixed-corridor property opened in 1982 and is situated on approximately 2.0 acres of land
  • Offered unencumbered of management with ability to retain the Motel 6 flag via a long-term franchise agreement
  • Approximately $2.9MM ($20.2k/key) of renovation investment already completed by seller in recent years
  • Situated just east of Chicago’s O’Hare International Airport, the city’s largest airport and 2nd busiest airport in the United States serving over 83.4 million passengers in 2018
  • Conveniently located northwest of downtown Chicago, proximate to I-294 / I-90, with access to the area’s most notable destinations including Fashion Outlets of Chicago, Pearl Entertainment District, Rivers Casino, Parkway Bank Park, Allstate Arena, and all broader Chicago area demand

Listing Agents

Lindsey White
T | 312.319.5656
Email

Hussain Waseem
T | 773.526.8713
Email

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