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50 Remington Rd
Schaumburg, IL 60173
Wingate Schaumburg - Chicago MSA · Hospitality Property For Sale · 50,304 SF

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 1.67 AC
Building Size 50,304 SF
No. Stories 4
Year Built/Renovated 2002/2023
Tenancy Single
Parking Ratio 1.53/1,000 SF
Corridor Interior
Zoning B-3

AMENITIES

  • Business Center
  • Fitness Center
  • High Speed Internet Access
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free

ABOUT 50 REMINGTON RD , SCHAUMBURG, IL 60173

Property Overview: The Wingate Schaumburg is a 81-room, four-story, interior corridor hotel built in 2002. Well-equipped with numerous common area and guest room amenities, this limited-service midscale hotel offers spacious guest rooms that come furnished with a microwave, refrigerator, work desk, and flat-screen television with premium channels. Additionally, some splendid common area amenities the hotel has to offer consist of a fitness center, business center, conference center, dry cleaning services, and an on-site restaurant and bar. Location: Schaumburg, Illinois is a city located in Cook County in the northeastern region of the state, 30 miles west of Chicago and 60 miles east of Rockford. The Wingate Schaumburg is superbly positioned on Remington Road, near Highway 58 and Interstate 90. With the city’s major employers and popular revenue generators in close proximity to the property, this sought after hotel benefits from many key industries of the city which include manufacturing, professional, scientific, tech services, and retail trade. Advocate Good Shepherd Hospital and United Continental Holdings Incorporated, two of the city’s largest employers, are located approximately 13 and 25 miles from the hotel respectively, and are prime revenue drivers for the surrounding area. Revenue generators in the area, like the Seascape Family Aquatic Center (3.1 miles) and the O’Hare International Airport (15.1 miles) help bring additional revenue to the hotel through an increase in transient business. Extra demand drivers for the city include the Legoland Discovery Center (3.2 miles) and the Schaumburg Boomers Stadium (6.4 miles).

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
07-10-400-053-0000
Land Assessment
$181,835
Improvements Assessment
$586,444
Total Assessment
$768,279
  • Listing ID: 16368442

  • Date on Market: 6/17/2019

  • Last Updated:

  • Address: 50 Remington Rd, Schaumburg, IL 60173

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