- Prime Location with Immediate Access to Interstate 80 and Highly Visible Frontage
- Positioned Near Planned Entertainment District and Youth Sports Complex
- Prime Location Within a Thriving Suburban Community Southwest of Chicago
- Excellent Connectivity Via Interstate 80 and Interstate 57, Paired with Proximity to Two Major Airports
- Close To Major Attractions Like Hollywood Casino Amphitheatre and the Revitalized Downtown District
- Strong Local Demographics with Over 154,000 Residents, High Median Income, And Low Unemployment
INVESTMENT OVERVIEW
Marcus & Millichap is pleased to present the promising hospitality investment opportunity located at 18315 South La Grange Road in Tinley Park, Illinois. This three-story hotel was originally constructed in 2007 before being fully renovated in 2019. Today, the 99-room lodging asset features an attractive brick façade accented by refined architectural details, appealing to both business and leisure travelers and positioning this asset as a premium turnkey hospitality investment. Strategically located with highly visible frontage and immediate access off Interstate 80, the hotel benefits from proximity to numerous demand generators and affluent suburban communities within the Tinley Park area. The market is poised for substantial growth, with planned developments including a new Topgolf-anchored entertainment district and a 280-acre youth sports complex. Operationally, it is currently achieving an impressive 84.7 percent RevPAR Index, offering upside potential for top-line growth. Minimal renovations are required upon change of ownership, ensuring a smooth transition and immediate cash flow. As a result, this offering represents a rare opportunity to acquire a premier hotel asset in a thriving and expanding market with sustained visitor demand.
The investment property is in Tinley Park, Illinois, an established suburban community located just over 20 miles southwest of Chicago. The market is an excellent target for hospitality investment thanks to its strategic location, abundance of nearby tourism drivers, and strong economic performance. The area is strategically positioned along Interstate 80 and near Interstate 57, offering direct connectivity to regional markets and tourist destinations. Likewise, both Chicago Midway International Airport and Chicago O’Hare International Airport are located within a 50-minute drive of the market. Nearby attractions like the Hollywood Casino Amphitheatre, one of the Midwest’s largest outdoor music venues, and the city’s recently revitalized downtown district contributes to a steady influx of event-driven visitor traffic, generating consistent demand for hospitality services. Over 154,000 residents live within a five-mile radius of the property, and this growing population, along with the area’s above-average median income and low unemployment rate, reflect a highly stabilized economy. This combination of strategic location, robust infrastructure, and economic vitality positions the property for long-term success in the hospitality market.
BROKER OF RECORD
Steven Weinstock
Illinois
Lic #: 471.011175
P: (630) 570-2200
