1415 Dundee Rd Arlington Heights, IL 60004
- Motels
- 0.50 lot acres
Current Use by Public Records
- Days Inn & Suites by Wyndham Arlington Heights / Hotel / Inn
- La Quinta Inn Chicago Arlington Heights / Hotel
Property Details for 1415 Dundee Rd
- Year built
- 1988
- Lot size
- 0.50 lot acres
- Property type
- Motels
- APN
- 03-07-102-015
- APU
- 307102015
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Arlington Heights
- County
- Cook
- State
- Illinois
- Longitude
- -88.0004
- Latitude
- 42.1383
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
