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1415 West Dundee Road Arlington Heights, IL 60004

Sponsored
For Sale
$6,950,000

121-unit hotel, prime location, strong ROI.

Property size:
47,700 SF

Description

Added:
Jan 28, 2025
Days on Market:
344
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.

Property Features for 1415 West Dundee Road

General Information

Property type
Hotels
Square Feet
47,700 SF
Price / Square Foot
$145
Elevators
Yes

Building Details

Year Built
1989
Buildings
1
Stories
4
Units
121

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).
Location Intelligence

Current Use by Public Records

Days Inn & Suites ... Hotel La Quinta Inn ... Hotel

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Arlington Heights
State
Illinois
Longitude
-122.661139
Latitude
45.531877

FAQs

What type of property is this?
Hotel - 121-unit hotel, prime location, strong ROI.
Where is this hotel located?
The property is located at 1415 West Dundee Road Arlington Heights, IL.
What is the asking price?
The asking price for this property is $6,950,000.
What are key features of this property?
This property features: 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).
More about this property
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