1415 W Dundee Rd - Hospitality FOR SALE


Arlington Heights, IL 60004
$7,250,000 USD
805-557-8867
1415 W Dundee Rd, Arlington Heights, IL for Sale
$7,250,000 USD
Hospitality - FOR SALE
1/14
null | Request Cap Rate

1415 W Dundee Rd
Arlington Heights, IL 60004


HIGHLIGHTS

  • 121 Units, Interior Corridors, 4-Stories, 2 Elevators
  • Priced to sell at $59,917 Per Key
  • Substantial renovation recently complete with minimal PIP expected for new owner
  • Located 18 miles from O'Hare Airport and 36 miles from Downtown Chicago

OVERVIEW

The Bowman Post Group of NewGen Advisory is pleased to offer for sale the 121-unit Days Inn by Wyndham, a prime 4-story, interior corridor property. Located in the high-barrier to entry market of Cook County, this is an exceptional chance for savvy investors or hoteliers to secure a foothold in one of the most competitive markets in the country. Just 18 miles from O'Hare International Airport, one of the world's busiest travel hubs, this hotel benefits from a steady influx of traffic and demand. With a trailing twelve-month revenue of $1,640,658 as of October 2024, this property is generating consistent returns, making it an attractive investment with immediate cash flow potential. BOR: NewGen Advisory IL, LLC | Andrew Post | IL # 471021750

FOR SALE DETAILS

PRICE

$7,250,000 USD

PRICE/SF

$152 USD /SF

# OF ROOMS

121

PRICE/ROOM

$59,917 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Days Inn & Suites Arlington Heights

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

4

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1989

PARKING SPACES

100

LAND DETAILS

LAND ACRES

1.68 AC

LAND SF

73,181 SF

ZONING

B3

APN/PARCEL ID

03-07-102-003-0000,03-07-102-015-0000

ASK ABOUT THIS PROPERTY

Mac BleierNewGen AdvisoryMore Info
805-557-8867

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Mac BleierNewGen AdvisoryMore Info
805-557-8867

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.