Quality Inn & Suites Matteson Near I-57 5200 Lincoln Hwy 101 Room Hotel Matteson, IL 60443 For Sale

Investment Highlights
Midscale Choice Hotels Affiliation: Quality Inn & Suites featuring 101 guest rooms across four stories on 2.83 acres with 100 parking spaces.
Prime Interstate 57 Location: Immediate access to I-57 with direct connectivity to downtown Chicago and regional employment centers. Within commuting distance to Chicago attractions, Midway Airport, and O’Hare International Airport.
Strong Regional Demand Drivers: Near Governors State University, St. James Hospital, Ford Motor Company Stamping Plant, and major entertainment venues.
Operational Flexibility: Includes owner’s quarters and dedicated employee housing and kitchen facilities supporting efficient on-site management.
Recent Capital Improvements: New laundry equipment, upgraded parking lot, EV charging stations, and planned hot water tank replacements.
Attractive Franchise Term: 20-year Quality Inn franchise with upcoming anniversary window in June 2027.
Heightened Room Revenue: Between year-end 2023 and year-end 2024, the hotel experienced a notable 26.4 percent increase in RevPAR, driven by a substantial rebound in occupancy. This trend presents several advantages for potential buyers, including enhanced revenue performance and improved cash flow stability.
Elevated RevPAR Penetration: The hotel boasts a strong RevPAR Penetration Index of 106.4 percent for the twelve months ending September 2025, signaling robust competitive performance and attractive long-term value for potential buyers.
Climbing Submarket RevPAR: As of the most recent trailing period, the hotel’s RevPAR increased 20.9 percent from year-end 2024, indicating strong operational momentum and a more favorable risk profile for investors.
Investment Overview
As the exclusive representative of the seller, Marcus & Millichap’s National Hospitality Group is pleased to present for sale to qualified investors the Quality Inn & Suites Matteson Near I-57 (‘Hotel’ or ‘Property’) located at 21050 Matteson Avenue in Matteson, Illinois. The select-service, Choice Hotels International-branded Hotel is offered on a “Request for Offers” basis. Please reach out to the listing agent for more information.
Constructed in 1988, this midscale Hotel features 101 guest rooms across four stories. The Property occupies 2.83 acres, encompasses approximately 50,036 square feet of gross building area, and includes 100 parking spaces. Common area amenities cater to a wide variety of guests and include a fitness center, outdoor pool, meeting room, business center, vending machines, and truck parking. The Property also features extensive on-site owner and employee facilities, including one owner’s quarters, five employee rooms, two employee kitchen rooms, and one employee seating room, supporting efficient operations and on-site staffing. Moreover, the Hotel benefits from a long-term 20-year Quality Inn franchise agreement, with an upcoming 10th anniversary window on June 26, 2027, providing stability and flexibility for future ownership.
Strategically located just off Interstate 57, the Property provides convenient access to the greater Chicago metropolitan area, located approximately 30 minutes away. Guests can enjoy proximity to major regional attractions including Credit Union 1 Amphitheatre, Odyssey Fun World, and a direct one-hour train ride to downtown Chicago, providing access to Millennium Park, Navy Pier, and other major cultural destinations. The Hotel is also well positioned relative to major airports, located approximately 23 miles from Midway International Airport and 45 miles from O’Hare International Airport. Demand drivers in the surrounding area include Governors State University, which generates consistent visitation from students, faculty, and families, and St. James Hospital in nearby Chicago Heights supports steady medical-related lodging demand. Meanwhile, industrial and corporate travel is further bolstered by the nearby Ford Motor Company Stamping Plant, a major regional employer generating contractor, training, and project-related stays.
Ownership has made meaningful capital investments to maintain and enhance the Property’s operational efficiency and guest experience. Recent improvements include the installation of new commercial laundry equipment (two washers and two dryers), repaving of the front portion of the asphalt parking lot, and the installation of four electric vehicle charging ports, positioning the Hotel to meet evolving guest needs. Additionally, ownership is in the process of installing new hot water tanks, further reducing near-term capital exposure for a new owner.
As of year-end 2024, the hotel experienced a notable 26.4 percent increase in RevPAR, driven by a substantial rebound in occupancy. This trend presents several advantages for potential buyers, including enhanced revenue performance and improved cash flow stability. The hotel also boasts a strong RevPAR Penetration Index of 106.4 percent for the twelve months ending September 2025, signaling robust competitive performance and attractive long-term value for potential buyers. In addition, the property benefits from attractive pricing, offered at a compelling 2.36 Room Revenue Multiplier and an exceptional 12.46 percent cap rate, providing investors with a favorable acquisition basis and significant upside potential. Complementing these strengths, RevPAR increased 20.9 percent from year-end 2024 as of the most recent trailing period, underscoring strong operational momentum and a more favorable risk profile for investors.
Matteson is a village in Cook County, Illinois, located in Chicago’s Southland region and approximately 30 miles south of Downtown Chicago. With a 2025 population of approximately 19,096 residents, Matteson offers a balanced suburban environment with convenient access to the broader Chicago metropolitan area. The village benefits from its strategic location near major regional transportation routes serving the Southland, supporting commuter activity and making Matteson an attractive residential and commercial destination. Historically home to Lincoln Mall, the area has evolved into a community characterized by warehouse facilities, a strong commercial corridor, and expanding logistics and distribution uses, reinforcing its role within the regional economy. Scenic parks and family-friendly spaces contribute to the village’s suburban appeal, and proximity to broader attractions through Visit Chicago Southland expands access to dining, shopping, outdoor recreation, and entertainment throughout the region.