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Andrew Makhlouf
T | 312.610.9067
amakhlouf@paramountlodging.com
Mike Schlictman
T | 803.920.4173
mikes@paramountlodging.com
Sean Banilivy
T | 516.456.7525
sbanilivy@paramountlodging.com
Detailed Information
Location
Property Highlights
- Fee simple interest in the institutionally owned and Hilton managed 129-Key Hampton Inn Chicago Naperville
- Available in the June 8th auction event via RealInsightMarketplace as part of a larger institutional portfolio sale
- Property for sale unencumbered of debt and management
- Four story, steel frame constructed asset will trade at a steep discount to replacement cost in top 3 MSA
- Premium Hilton Brand: New ownership has the ability to retain the Hampton Inn brand, subject to required PIP and buyer approval by Hilton
- Readily accessible to Interstate-88 with upwards of 170,000 vehicles passing the location daily and proximate to the Interstate-88 / Interstate-355 junction
- Proximate to all regional demand including the Illinois Technology & Research Corridor, DuPage Children’s Museum, Edward Hospital, Nike and Naperville Yard Sports Complexes, Nicor Gas Headquarters, Nokia’s Naperville Campus, BP’s Corporate Campus, and the Fermilab
- Located near North Central College in Naperville, College of DuPage in Glen Ellyn, Wheaton College in Wheaton, Benedictine University in Lisle, and Aurora University in Aurora
- Readily accessible to downtown Naperville and Chicago Premium Outlets, Morton Arboretum, DuPage Airport, O’Hare International Airport, Midway Airport, and downtown Chicago
- Ideally located in the Chicago MSA, home to approximately 9.4MM people – the third largest MSA in the US
- Proximate to all broader Chicago area demand while being located outside of Cook County, limiting tax liability for a prospective owner