For Sale
$7,250,000

1415 Dundee RdArlington Heights, IL 60004

121-Unit Hotel, High ROI, Near O'Hare

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional 121-unit Days Inn & Suites hotel presents a lucrative investment opportunity in the highly desirable Arlington Heights, Illinois market. Boasting 47,700 square feet across four stories, this interior corridor property features two elevators and recently underwent substantial renovations, minimizing future capital expenditures for the new owner. The hotel's prime location, just 18 miles from O'Hare International Airport and 36 miles from downtown Chicago, ensures consistent occupancy and strong revenue generation. Built in 1989, this well-maintained property offers 121 keys, priced at an attractive $59,917 per key. With a trailing twelve-month revenue of $1,640,658 (as of October 2024), this Days Inn provides immediate cash flow potential and a strong return on investment for savvy hospitality investors. Situated in Cook County, a market with high barriers to entry, this hotel represents a rare chance to acquire a well-established, profitable asset in a highly competitive area. The property's recent renovations minimize the need for immediate capital improvements, allowing for a smooth transition and immediate income generation. This is a turnkey opportunity for investors seeking a stable and profitable addition to their portfolio.

Highlights

  • 121-unit Days Inn & Suites hotel in Arlington Heights, IL; 47,700 SF, four stories, interior corridors, two elevators.
  • $59,917 per key.
  • Recently renovated, minimizing future capital expenditures.
  • Prime location: 18 miles from O'Hare Airport, 36 miles from downtown Chicago.

Property Details for 1415 Dundee Rd

Property type
Hospitality properties, Motels
Square Feet
47,700 SF
Year Built
1989

Location Insight

City
Arlington Heights
County
Cook
State
Illinois
Latitude
42.138463930296
Longitude
-87.999162652081
1415 Dundee Rd, Arlington Heights, Illinois

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1415 Dundee Rd
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