2850 W 159th St, Markham, IL 60428
- Request for Offers
Marcus & Millichap’s National Hospitality Group, as an exclusive broker, is pleased to offer for sale the Southland Inn and Suites located in the Chicago land area. The former Comfort Inn & Suites is a 57-room, interior corridor, two-story hotel with an elevator. The subject property was built in 1996 and has been operating as an Independent hotel since June 2014, when the current owner purchased the property. There is an opportunity to re-brand the hotel to a national hotel franchise. This property has great visibility off the Interstate with a monument sign on site and currently operates with an absentee owner. Expected NOI for Year End 2017 will be close to $230,000. Please visit the due diligence tab for more details on franchise conversion options and other financial information.
The Southland Inn & Suites in Markham, Illinois is a former Comfort Inn and Suites. The Property has a total of 57 guest rooms, has an elevator, fitness center and breakfast area. The common area features on-site public parking and a fitness center. The guest rooms also boast a work desk, coffee maker, flat screen television, and complimentary Wi-Fi.
Markham, Illinois is seated in Cook County located in the southern region of Lake Michigan. The hotel is located off Interstate 294 and State Highway 6 and features a large monument sign that is visible from the expressway. Nearby attractions include the Ravisloe Country Club which is ranked by Golfweek as one of Illinois’ best public golf courses and is less than five miles from the hotel. Also, other regional destinations include the Oak Lawn Children’s Museum and Downtown Chicago which are about 25 miles away. The Chicago Midway International Airport is less than 15 miles from the hotel and Chicago’s O’Hare International Airport is located about 35 miles from the property.
Agent for this listing
Associate, National Hospitality Group
Office: (630) 570-2175
Mobile: (248) 914-2183
Fax: (773) 867-1510