Home2 Suites Schaumburg, IL

Listing Agents

Mike Schlictman
T | 803.920.4173
mikes@paramountlodging.com

Andrew Makhlouf
T | 312.610.9067
amakhlouf@paramountlodging.com

Detailed Information
Property Highlights
  • Fee simple interest in the institutionally-owned and third-party managed 107-room Home2 Suites Schaumburg
  • Opportunity to purchase a recently built concrete constructed asset within a high demand market at a discount to replacement cost
  • Available unencumbered of debt and management with the ability to retain the Home2 Suites flag upon completion of a minimal PIP
  • Premium branded extended stay asset in a top-3 MSA with trailing 3 month occupancy of +74%
  • Hilton is the world’s most valuable hotel brand with Home2 Suites being one of the fastest-growing brands in Hilton’s history
  • Extended stay assets have grossly outperformed all other hotel service sectors and continue to outpace the broader recovery
  • The extended stay nature of the asset lends itself to potential alternative use pending zoning and municipality approval
  • Situated near the intersection of Golf Rd and Meacham Rd – two major thoroughfares in Schaumburg – with upwards of over 69,000 vehicles passing the location daily and easily accessible to the I-90 / I-290 / IL-53 interchange
  • Located near the “Golden I-90 Corridor,” 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, IBM, OptumRX, Motorola, Paylocity, Perdoceo Education Corporation, Nation Pizza and Foods, and Alexian Brothers Medical Center
  • Proximate to the new 225-acre Veridian development, featuring over 400-residential units, office, retail, public space, and entertainment including Top Golf
  • Schaumburg is experiencing unprecedented development with record housing construction not seen in three decades
  • Readily accessible to Chicago O’Hare International Airport, the third busiest airport in the US, with over 84MM passengers annually
  • Ideally located in the broader Chicagoland, the third largest MSA in the US, home to over 9.4MM people, and host to a record setting +58MM tourists in 2019
Location