For Sale
$6,950,000

1415 West Dundee RoadArlington Heights, IL 60004

121-unit hotel, prime location, strong ROI.

Overview

Added:
Jan 28
Days on market:
71
Exceptional investment opportunity: a 121-unit Days Inn & Suites by Wyndham in Arlington Heights, Illinois. This four-story, interior-corridor hotel boasts a prime location just 18 miles from O'Hare International Airport and 25 miles northwest of downtown Chicago, ensuring consistent high demand. The property features two elevators and recently underwent substantial renovations, minimizing future capital expenditures for the new owner. With a trailing twelve-month revenue of $1,640,658 (as of October 2024), this hotel offers immediate cash flow potential and a strong return on investment. Arlington Heights itself provides a blend of suburban tranquility and urban excitement, with easy access to major highways, the historic Arlington International Racecourse, vibrant downtown shopping and dining, and numerous parks and recreational facilities. The hotel's strategic location near both the airport and Chicago makes it an attractive destination for both business and leisure travelers. The asking price is $6,950,000, representing a compelling value at approximately $57,438 per key. This presents a rare chance to acquire a well-established, high-performing hotel in a highly competitive market. The property's 47,700 square feet provides ample space for its 121 units.

Highlights

  • 121-unit Days Inn & Suites in Arlington Heights, IL.
  • Prime location, 18 miles from O'Hare International Airport.
  • Strong revenue history, $1,640,658 trailing twelve-month revenue (October 2024).

Property Details for 1415 West Dundee Road

Property type
Hotels, Hospitality properties
Square Feet
47,700 SF
Price / Square Foot
$145.70
Year Built
1989
Buildings
1
Stories
4
Elevators
Yes
Units
121

Location Insight

City
Arlington Heights
County
State
Illinois

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1415 West Dundee Road
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