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700 Courtyard Dr St Charles, IL 60174

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For Sale
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121-room hotel in Chicago MSA available for purchase.

Source: Adam Montufar Agent Adam Montufar

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Courtyard by Marriott St. Charles

The lender-owned Courtyard by Marriott St. Charles, located in the Chicago MSA, features 121 rooms. The seller will convey the leasehold interest, which is subject to a long-term ground lease with approximately 88 years remaining. The property is available for purchase in an auction event. Offered unencumbered by management and debt, it represents a discount to replacement cost. Subject to franchisor approval, the property is available for relicensing under the Courtyard by Marriott flag. Transitioning out of lender control and third-party management presents a significant operational upside. Chicago O’Hare, one of the world’s busiest airports, is undergoing a $12 billion renovation and modernization project aimed at enhancing capacity, expanding routes, and driving future passenger growth. O’Hare welcomed over 80 million passengers in 2024, marking an 8.3% year-over-year increase, the fastest growth rate of any of the top five U.S. airports. The broader Chicago market demonstrates strong counter-cyclical growth, with a +6% RevPAR gain over the past 12 months, exceeding national averages and reinforcing bullish investor sentiment.
Insight Report Location Intelligence

Current Use by Public Records

The Bistro – Eat. Drink. ... American Restaurant Courtyard Chicago St. ... Hotel 700 Courtyard Drive ... Parking Lot

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
St Charles
County
Kane
State
Illinois
Longitude
-88.281169
Latitude
41.9249833

FAQs

What type of property is this?
Hotel - 121-room hotel in Chicago MSA available for purchase.
Where is this hotel located?
The property is located at 700 Courtyard Dr St Charles, IL.
What are key features of this property?
This property features: - Available for purchase at a significant discount to replacement cost.; - Unencumbered by management and debt.; - Significant operational upside through transition out of lender control and third-party management.
More about this property
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