Listing Agents
Eric Skipworth
312.248.4109
eskipworth@paramountlodging.com
Mike Schlictman
T | 803.920.4173
mikes@paramountlodging.com
Detailed Information
Location
Property Highlights
- Fee-simple interest in the 134-room, absentee-owned, and third-party managed Hampton Inn Gurnee offered at a fraction of replacement cost
- Property offered for individual sale in the June 7th Ten-X auction event
- Offered unencumbered of management or debt with the ability to retain the Hilton flag
- 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 has historically attracted over ~20MM annual visitors
- Located a half mile from Six Flags Great America, which attracts over 2.6MM guests annually making it a top amusement park in the US for attendance
- Located a half mile from Great Wolf Lodge, a year-round, 80,000-square-foot indoor water park that 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 with 2MM square feet of space, Abbott Laboratories’ corporate headquarters, and the Great Lakes Naval Training Center, home to ~40,000 naval recruits annually
- The property is situated within minutes of Chicago’s O’Hare International Airport – one of the top 10 business airports in the world and host to 54MM passengers in recent years. Readily accessible to the Rosemont/O’hare entertainment corridor, including Rivers Casino, Parkway Bank Park, the Fashion Outlets of Chicago, and the +18,000 capacity Allstate Arena
- Optimal time to be investing in Chicago’s north side amidst unprecedented development – including the Chicago Bears’ $2B planned “world-class stadium” in neighboring Arlington Heights
- Opportune time to be investing in the O’hare corridor amidst the transformative ongoing $12.1B airport expansion and modernization
- Proximate to all broader Chicago area demand while located outside of Cook County, limiting tax liability for a prospective owner