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    1415 Dundee Rd Arlington Heights, IL 60004

    Sponsored
    For Sale
    $7,250,000

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

    Property size:
    47,700 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    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.

    Property Features for 1415 Dundee Rd

    General Information

    Property type
    Motels
    Square Feet
    47,700 SF

    Building Details

    Year Built
    1989

    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 Profile 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
    County
    Cook
    State
    Illinois
    Longitude
    -87.999162652081
    Latitude
    42.138463930296

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    FAQs

    What type of property is this?
    Motel - 121-Unit Hotel, High ROI, Near O'Hare
    Where is this motel located?
    The property is located at 1415 Dundee Rd Arlington Heights, IL.
    What is the asking price?
    The asking price for this property is $7,250,000.
    What are key features of this property?
    This property features: 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.
    Request Owner's contact information
    1415 Dundee Rd Arlington Heights, IL 60004
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    Arlington Heights, IL 60004
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1415 Dundee Rd Arlington Heights, IL 60004
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