- Upscale Brand Affiliation: A three-story, 147-room Courtyard by Marriott situated on 4.16 acres.
- Exterior Renovations: The property has completed exterior renovations consistent with the latest brand standards.
- Strategic Schaumburg Corridor Location: Positioned along Algonquin Road within one of the most active commercial and corporate submarkets in suburban Chicago.
- Strong Corporate Demand Drivers: Near major employers including Motorola Solutions, Zurich American Insurance Company, Paylocity, ADP, OSHA, and Robert Bosch Tool Corporation.
- Healthcare Demand Stability: Proximity to Endeavor Health Northwest Community Hospital and Ascension Alexian Brothers Medical Center supports consistent medical travel demand.
- Convenient Airport Access: Approximately nine miles from Chicago O’Hare International Airport and near Chicago Executive Airport.
- Event and Convention Demand: Close to Renaissance Schaumburg Convention Center and other event venues generating group and meeting business.
- Retail and Leisure Attractions: Near Woodfield Mall, Mitsuwa Marketplace, and regional entertainment destinations.
- Comprehensive Guest Amenities: Indoor pool, fitness center, business center, Metropolis Ballroom meeting space, on-site Bistro restaurant and bar, and outdoor patio area.
- Established Asset with Renovation: Originally built in 1985 and renovated in 2013, maintaining Marriott brand standards.
INVESTMENT OVERVIEW
As the exclusive representative of the seller, Marcus & Millichap is pleased to present for sale to qualified investors the Courtyard by Marriott Chicago Arlington Heights/South (‘Hotel’ or ‘Property’) located at 100 Algonquin Road in Arlington Heights, Illinois. The upscale Marriott International-branded Hotel is offered on a “Request for Offers” basis. Please reach out to the listing agent for more information.
Situated on approximately 4.16 acres, the select-service hotel features 147 guest rooms across three stories. The Property was originally constructed in 1985, with renovations completed in 2013. The Hotel offers a wide variety of common area amenities designed to serve both corporate and leisure travelers, including an indoor swimming pool, fitness center, business center, on-site restaurant and bar, the Metropolis Ballroom meeting and event space, and an outdoor grill and patio area. Moreover, the on-site Bistro restaurant provides balanced dining options, Starbucks coffee beverages, and craft cocktails.
Strategically positioned along Algonquin Road near Interstate access and the Schaumburg business corridor, the Property benefits from proximity to major corporate employers like Motorola Solutions Inc., Zurich American Insurance Company, Paylocity, ADP, OSHA, and Robert Bosch Tool Corporation. The Hotel also benefits from the nearby Endeavor Health Northwest Community Hospital and Ascension Alexian Brothers Medical Center, which contribute to steady healthcare-related lodging demand. The Property’s location also provides convenient access to Chicago O’Hare International Airport (approximately nine miles) and Chicago Executive Airport (approximately 10.4 miles), making it attractive for both business and transient travelers. Nearby attractions include Woodfield Mall, one of the largest shopping centers in the United States, as well as Mitsuwa Marketplace, the Renaissance Schaumburg Convention Center, and regional entertainment and dining destinations. The Hotel is also within driving distance of the Chicago Botanic Garden, contributing to seasonal tourism demand.
Arlington Heights is a prominent northwest suburb of Chicago located approximately 25 miles from downtown and home to 77,676 residents, making it the 15th most populous municipality in Illinois. Positioned within the highly desirable northwest suburban corridor of Cook County, Arlington Heights benefits from strong regional connectivity, proximity to Chicago O’Hare International Airport, and convenient access to major commercial corridors throughout the Chicago metropolitan area. The local economy is supported by a diverse and well- established employment base anchored by corporate headquarters, technology firms, and professional service companies. Arlington Heights also benefits from its proximity to Elk Grove Village, located approximately four miles from the Hotel, which contains the largest contiguous industrial park in North America and supports a significant concentration of manufacturing, logistics, and technology-related businesses. The village continues to pursue major economic development initiatives such as the Arlington Alfresco outdoor dining district and the planned redevelopment of the former 326-acre Arlington Park site—a proposed mixed-use entertainment and stadium complex purchased by the Chicago Bears. With its strategic location, strong corporate presence, proximity to O’Hare International Airport, and ongoing development initiatives, Arlington Heights remains one of the most dynamic and resilient suburban communities in the Chicago metropolitan region.
BROKER OF RECORD
Steven Weinstock
Illinois
Lic #: 471.011175
P: (630) 570-2200
