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1251 E American Ln
Schaumburg, IL 60173
Chicago MSA | Encompassed by Demand Drivers · Hospitality Property For Sale · 87,570 SF

Investment Highlights

  • Upscale 134-room Extended Stay (all suites with kitchenettes) Hyatt House on 2.53 acres within one of Chicago’s bustling corridors in Schaumburg, IL.
  • Premier investment opportunity prominently positioned in the center of a heavily trafficked hub boasting optimum convenience and demand drivers.
  • Advantageously located 12 miles from the booming Chicago O'Hare International Airport (ORD), and 31 miles from Downtown Chicago.
  • Situated adjacent to the largest shopping mall in Illinois, Woodfield Mall, and located about four minutes from the I-290 and I-90 interchange.
  • Schaumburg Corporate Center is located less than 1 mile from the hotel, and the popular attraction Legoland Discovery Center is six minutes away.
  • Strategically positioned within immediate proximity of nationally renowned retailers Costco, Ikea, Trader Joe’s, Whole Foods, Target, and more.

Property Facts

Sale Condition Auction Sale
Type of Ownership Fee Simple
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 2.53 AC
Building Size 87,570 SF
No. Stories 6
Year Built/Renovated 1999/2015
Parking Ratio 1.08/1,000 SF
Corridor Interior
Zoning B-3
Parcel Number 07-13-101-012-0000

Amenities

  • Business Center
  • Fitness Center
  • Pool
  • Restaurant
  • Shuttle Service
  • High Speed Internet Access
  • Patio
  • On-Site Bar
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free
  • Hot Tub
  • Fully-Equipped Kitchen
  • Multi-Room Suites
  • Digital key
  • Listing ID: 32583888

  • Date on Market: 7/25/2024

  • Last Updated:

  • Address: 1251 E American Ln, Schaumburg, IL 60173

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