This Hospitality Property is no longer advertised on LoopNet.com.

121 NW Point Blvd
Elk Grove Village, IL 60007
 Sheraton Suites Chicago Elk Grove · Hospitality Property For Sale · 179,100 SF

Hotels Illinois Elk Grove Village 121 NW Point Blvd, Elk Grove Village, IL 60007

INVESTMENT HIGHLIGHTS

  • 9.61 acre, fee simple, 253-key, 7-story Upper Upscale hotel, located in Chicago’s NW Suburbs
  • Priced below replacement cost at $69,170/key | $81,613/key with anticipated PIP
  • Nearby demand generators include nearby Woodfield Mall, Allstate Arena, Rivers Casino, Legoland, and Arlington Park Racetrack
  • $4.9M in property improvements over last five years
  • Located directly adjacent to I-90 at the Arlington Heights exit, just 8.6 miles from O’Hare Airport

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 9.61 AC
Building Size 179,100 SF
No. Stories 7
Year Built/Renovated 1990/2016
Parking Ratio 1.7/1,000 SF
Corridor Interior
Zoning O-P, Elk Grove

AMENITIES

  • Business Center
  • Fitness Center
  • Pool
  • Restaurant
  • Room Service
  • High Speed Internet Access
  • On-Site Bar
  • Meeting Event Space
  • Public Access Wifi
  • Digital key

LINKS

PROPERTY TAXES

Parcel Number 08-21-202-072-0000 Improvements Assessment $1,110,775
Land Assessment $889,228 Total Assessment $2,000,003
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  • Listing ID: 22971159

  • Date on Market: 5/7/2021

  • Last Updated:

  • Address: 121 NW Point Blvd, Elk Grove Village, IL 60007

More public record information on 121 NW Point Blvd, Elk Grove Village, IL 60007

The Hospitality Property at 121 NW Point Blvd, Elk Grove Village, IL 60007 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.

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