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

198 E Delaware Pl
Chicago, IL 60611
Hilton Chicago Magnificent Mile Suites · Hospitality Property For Sale · 345 Rooms

Investment Highlights

  • Premier location near the Magnificent Mile, Michigan Avenue retail, and Lakefront attractions.
  • Comprehensive renovation last completed in 2016.
  • Built-in adaptability for conversion to residential use under current zoning.
  • Includes 10,000 SF of event space and 110-space on-site parking.

Property Facts

Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 0.36 AC
Building Size 267,800 SF
No. Rooms 345
No. Stories 30
Year Built/Renovated 1989/2014
Corridor Interior
Zoning DX-12, Chicago - Downtown Mixed-Use District

Amenities

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

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 345 $111.00 -

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 17-03-213-009-0000
  • 17-03-213-004-0000
Land Assessment
$810,000
Improvements Assessment
$11,982,340
Total Assessment
$12,792,340
  • Listing ID: 40936870

  • Date on Market: 6/16/2026

  • Last Updated:

  • Address: 198 E Delaware Pl, Chicago, IL 60611

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