Hotels for Sale

COURTYARD CHICAGO ELMHURST, IL

Address:
Elmhurst, Illinois
Description:
  • Fee-simple interest in the 140-room, institutionally-owned and third-party managed, Courtyard by Marriott Elmhurst offered at a fraction of replacement cost
  • Property offered for individual sale in the June 12th Ten-X auction event, as part of a larger eight-property portfolio
  • Offered unencumbered of management or debt with the ability to retain the Marriott flag with a new long-term license agreement
  • Readily accessible via Interstate 290 and 355 which see over 287,000 vehicles pass through Elmhurst daily, and located at the intersection of State Road 83 and 64 which see over 112,000 vehicles pass the property daily
  • Proximate to all local area demand including O’Hare Airport, Elmhurst College, Elmhurst Hospital, Oakbrook Center, Enchanted Castle Entertainment Center, and Safari Land Indoor Amusement Park
  • Readily accessible to Chicago O’Hare airport, the busiest airport in the US with over 900,000 flights annually
  • Ideally located in the broader Chicagoland MSA, home to ~9.5MM residents and host to a record-setting 58MM tourists in 2018
  • Proximate to all broader Chicago area demand while located outside of Cook County limiting tax liability for a prospective owner

Listing Agents 

Andrew Makhlouf
T | 312.584.1312
Email

Brent Clemens
T: 312.239.0572
Email

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