Hotels for Sale

Hyatt Place Schaumburg, IL 

Address:
Schaumburg, Illinois
Description:

UNDER CONTRACT

  • Fee-simple interest in the 127-room, institutionally-owned and third-party managed, Hyatt Place Chicago Schaumburg offered at a fraction of replacement cost
  • Property offered for individual sale in the November 20th Ten-X auction event, as part of a larger institutional portfolio sale
  • Offered unencumbered of management or debt with the ability to retain the Hyatt flag with a new long-term license agreement
  • Situated adjacent to the intersection of Interstate-90 and Interstate-290 with direct visibility and easy accessibility to upwards of 280,000 vehicles passing the location daily
  • Optimal location in the heart of Schaumburg, proximate to the City’s largest employers
  • Located near the ‘Golden Corridor’ a stretch of Interstate-90 northwest of Chicago that serves as a hub for Fortune 500 companies, office, manufacturing, retail education, industrial, and healthcare demand
  • Proximate to all regional demand generators including, Woodfield Mall, Zurich Financial, Motorola Solutions, OptumRx, IBM, and the Golden Corridor
  • 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

Listing Agents

Andrew Makhlouf
T | 312.584.1312
Email

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