Hotels for Sale

HAMPTON INN GURNEE, IL

Address:
Gurnee, Illinois
Description:

UNDER CONTRACT

  • Fee-simple interest in the 134-room, institutionally-owned and brand-managed, Hampton Inn Gurnee 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 Hilton flag with a new long-term license agreement
  • Situated adjacent to Interstate-94 with direct visibility and easy accessibility to upwards of 100,000 vehicles passing the location daily
  • Adjacent to Gurnee Mills Shopping Mall, which attracts more than ~20MM annual visitors
  • Located a half mile from Six Flags Great America, which attracts 3MM guests annually making it a top 20 amusement park in the US for attendance
  • Located a half mile from Great Wolf Lodge, a year-round 80,000 SF indoor water park which recently completed $60MM in renovations
  • Proximate to all broader Lake County demand including the area’s newest business park, Bridge Point North, an industrial development which will boast 2MM SF of space, Abbott Laboratories’ corporate headquarters, and the Great Lakes Naval Training Center, home to ~40,000 naval recruits annually
  • 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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