Newly Renovated, Brand Name Hotel for Sale in Chicago
We represent a rare passive investment opportunity in an affluent Chicago suburb. This fully completed, top brand name hotel has been fully renovated to the fine standards of a luxury hotel. Improvements include business meeting rooms, luxurious accommodations and a very large banquet hall which can seat 250 people. The renovation was completed in 2018 and the Hotel is fully operational with a top-rated management company in place. A new owner or group will see healthy returns on their passive investment. This 120+ room hotel is on pace to have sales of $6,150,000 with earnings $2,289,000. Detailed financials are available for qualified candidates only. Please ask for listing #14114 when inquiring about this opportunity.