- Upper Midscale Brand Affiliation: A four-story, 123-room Holiday Inn Express operating under the IHG Hotels & Resorts platform.
- Strategic Chicago Submarket Location: Positioned in a southwest Chicago suburb with access to major interstate corridors including I-294, I-57, I-80, and I-90/I-94.
- Strong Corporate Demand Drivers: Near major employers including Coca-Cola, Alsip MiniMill LLC, Northwestern Medicine Palos Hospital, and Advocate Christ Medical Center.
- Education and Institutional Demand: Nearby Moraine Valley Community College, Trinity College, and St. Xavier University.
- Airport Accessibility: Approximately nine miles from Chicago Midway International Airport and 32 miles from O’Hare International Airport.
- Public Transportation Access: Close to Robbins and Oak Forest Metra stations providing convenient access to downtown Chicago.
- Comprehensive Amenity Package: Indoor pool, fitness center, business center, meeting space, and guest laundry, supporting both business and leisure travelers.
- Climbing Submarket RevPAR: As of August, the 12-month average RevPAR in the Chicago South / Midway Airport Hotel Submarket increased by over 1.10 percent, indicating robust growth and a lower-risk environment, boosting investor confidence in the asset and thriving market.
- Heightened Room Revenue: Between year-end 2024 and year-end 2025, the hotel experienced a notable 11.0 percent increase in room revenue. This trend presents several advantages for potential buyers, including additional capital for renovations and enhanced cash flow.
- Elevated RevPAR Penetration: The hotel boasts a strong RevPAR penetration index of 105.2 percent vs. the STR Comp Set for the twelve months ending in December 2025, signaling robust competitive performance and attractive long-term value for potential buyers.
INVESTMENT OVERVIEW
As the exclusive representative of the seller, Marcus & Millichap is pleased to present for sale to qualified investors the Holiday Inn Express Crestwood (‘Hotel’ or ‘Property’) located at 13330 S Cicero Avenue in Crestwood, Illinois. The upper-midscale, IHG Hotels & Resorts–branded Hotel is offered on a “Request for Offers” basis. Please reach out to the listing agent for more information.
Situated on approximately 1.97 acres, the Property features 123 guest rooms across four stories totaling approximately 47,971 square feet. Originally constructed in 1992 and renovated in 2024, the Property offers a wide variety of amenities, including an indoor swimming pool, fitness center with state-of-the-art equipment, business center, approximately 1,200 square feet of meeting space, and on-site laundry facilities. The Property benefits from strong accessibility, located just off Interstate 294 with convenient connections to I-57, I-80, and I-90/I-94, and is approximately nine miles from Chicago Midway International Airport and 32 miles from O’Hare International Airport.
The Property is strategically positioned near a diverse set of major employers, such asAdvocate Christ Medical Center, Northwestern Medicine Palos Hospital, CocaCola, andAlsip MiniMill LLC. Educational institutions nearby the Hotel include Moraine Valley Community College, Trinity College, and St. Xavier University, which further contribute to year-round visitation. The Hotel also benefits from proximity to entertainment and leisure attractions including Ozinga Field, Club Hawthorne Crestwood & Fanatics Sportsbook, In The Game Hollywood Park, and various retail and dining options in the surrounding area. Access to public transportation is enhanced by the nearby Robbins Metra Station (approximately 3 miles) and Oak Forest Metra Station, providing convenient connectivity to downtown Chicago and supporting both commuter and visitor travel demand.
Crestwood is a well-positioned southwest suburb of Chicago located within Cook County, benefiting from proximity to one of the largest and most diverse metropolitan economies in the United States. The area offers strong regional connectivity via major interstates, rail systems, and two major airports, making it an attractive location for business and transient travelers. With access to a large labor pool and established commercial infrastructure, the local economy is primarily supported by healthcare, manufacturing, logistics, and retail sectors. Crestwood’s proximity to downtown Chicago allows it to capture both overflow demand and cost-conscious travelers, while its suburban setting provides convenience and accessibility. With strong transportation linkages, a diverse employment base, and continued investment in surrounding communities, Crestwood represents a stable and resilient lodging submarket within the greater Chicago MSA.
BROKER OF RECORD
Steven Weinstock
Illinois
Lic #: 471.011175
P: (630) 570-2200
