PROSPECT HEIGHTS, Ill., June 27, 2025 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of a Holiday Inn Express & Suites hotel property in Prospect Heights, Illinois.
“This deal came together swiftly thanks to the buyer’s established relationship with their lender, which streamlined financing and allowed for an efficient closing process,” said Ebrahim Valliani, managing director investments.
Valliani, investment specialist in Marcus & Millichap’s Chicago Oak Brook office, exclusively marketed the property on behalf of the seller and procured the buyer, both private investor groups. The transaction received additional support from Allan Miller, Chris Gomes, Michael Klar and Kristen Blackshaw of the Miller-Gomes Hotel Team.
The Holiday Inn Express & Suites Prospect Heights is a five-story, 108-room hotel located at 600 N. Milwaukee Ave., offering strong visibility and access off U.S. Route 45. Less than 15 miles from O’Hare International Airport, the property features a fitness center, business center, meeting space and a breakfast area. The hotel benefits from proximity to major attractions, including the Chicago Botanic Garden, Ravinia Festival, Northbrook Court, Six Flags Great America and the Fashion Outlets of Chicago in Rosemont.
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About Marcus & Millichap, Inc. (NYSE: MMI)
Marcus & Millichap, Inc. is a leading national brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. Marcus & Millichap closed 7,836 transactions in 2024, with a sales volume of approximately $49.6 billion in 2024. The company had 1,712 investment sales and financing professionals in more than 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate at year end. For additional information, please visit www.MarcusMillichap.com.
