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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 | No. Stories | 4 |
| Property Subtype | Hotel | Year Built/Renovated | 2002/2023 |
| Building Class | B | Tenancy | Single |
| Lot Size | 1.67 AC | Parking Ratio | 1.53/1,000 SF |
| Building Size | 50,304 SF | Corridor | Interior |
| Zoning | B-3 | ||
| 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).
LINKS
PROPERTY TAXES
| Parcel Number | 07-10-400-053-0000 | Improvements Assessment | $586,444 |
| Land Assessment | $181,835 | Total Assessment | $768,279 |
PROPERTY TAXES
Listing ID: 16368442
Date on Market: 6/17/2019
Last Updated:
Address: 50 Remington Rd, Schaumburg, IL 60173
The Far Northwest Suburban Cook Hospitality Property at 50 Remington Rd, Schaumburg, IL 60173 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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