132-Room SpringHill Suites
For Sale
Contact for pricing
Pending
1550 McConnor Parkway, Schaumburg, IL 60173
All-suite lodging property positioned for business and leisure stays near major retail, corporate, and entertainment destinations.
Property SizeContact for details
Days on Market131
Property Features for 1550 McConnor Parkway
General Information
Standard status
Pending
Property subtype
Hospitality
Site & Location
Highway Access
Yes
Road Access
Yes
Listing Agency:
Alchemy Real Estate Advisors
Listed By:
Michael Hebbeln · License #S73767000
Source:
Crexi
Added: Apr 24
Changed: Aug 31
Last Checked: Sep 1 at 1:24AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Alchemy Real Estate Advisors
Investment Insights
Based on property information with market context.
The property is a 132-room, all-suite SpringHill Suites by Marriott hotel serving both business and leisure travelers. Guestrooms are designed around larger layouts, with an upper-midscale positioning and modern accommodations. The asset is located at 1550 McConnor Parkway in Schaumburg, Illinois, within the Chicago MSA.
Access is supported by proximity to I-90 and Route 53, with O’Hare International Airport less than 12 miles away and downtown Chicago readily connected by the regional highway network. Woodfield Mall anchors the surrounding retail and entertainment corridor, while additional demand drivers include LEGOLAND Discovery Center, Schaumburg Boomers Stadium, and The Water Works Indoor Water Park. Corporate users within a 5-mile radius include Zurich North America, Motorola Solutions, OptumRx, and Paylocity, along with technology, logistics, and healthcare companies.
Access is supported by proximity to I-90 and Route 53, with O’Hare International Airport less than 12 miles away and downtown Chicago readily connected by the regional highway network. Woodfield Mall anchors the surrounding retail and entertainment corridor, while additional demand drivers include LEGOLAND Discovery Center, Schaumburg Boomers Stadium, and The Water Works Indoor Water Park. Corporate users within a 5-mile radius include Zurich North America, Motorola Solutions, OptumRx, and Paylocity, along with technology, logistics, and healthcare companies.
Key Highlights
- 132‑room SpringHill Suites by Marriott hotel
- All‑suite, upper‑midscale lodging asset with larger guestroom layouts
- Near Woodfield Mall, which attracts ~27 million annual visitors
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,434
Businesses Nearby
Explore this area
Business Placement
Demographics for 60173, IL
13,764
Population
6,901
Households
2
Avg Household Size
35
Median Age
67%
College-Educated
97%
High-School Grad
6.4 sq mi
ZIP Area
2,151
Density / Sq Mi
$99,975
Median Household Income
$68,305
Median Earnings
$1,786
Median Rent
$311,200
Median Home Value
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Frequently Asked Questions
What type of property is this?
Hotel - All-suite lodging property positioned for business and leisure stays near major retail, corporate, and entertainment destinations.
Where is this hotel located?
The property is located at 1550 McConnor Parkway Schaumburg, IL.
What are key features of this property?
This property features: 132‑room SpringHill Suites by Marriott hotel; All‑suite, upper‑midscale lodging asset with larger guestroom layouts; Near Woodfield Mall, which attracts ~27 million annual visitors
