Chicago Waukegan Marriott Portfolio 3 Properties in Waukegan, IL
EXECUTIVE SUMMARY
Fee-simple interest in the Chicago Waukegan Marriott Portfolio
The portfolio includes the 96-room TownePlace Suites, 120-room SpringHill Suites, and 3.5-acre Residence Inn Development Site
Available for individual or portfolio sale
Expected new long-term franchise agreements with Marriott
Strong in-place performance with the TownePlace Suites and SpringHill Suites each seeing more than $1MM in NOI
The portfolio includes the 96-room TownePlace Suites, 120-room SpringHill Suites, and 3.5-acre Residence Inn Development Site
Available for individual or portfolio sale
Expected new long-term franchise agreements with Marriott
Strong in-place performance with the TownePlace Suites and SpringHill Suites each seeing more than $1MM in NOI
PROPERTY FACTS
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 126,499 SF |
| Total Land Area | 11.35 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
|
TownePlace Suites Chicago Waukegan/Gurnee
404 Lakehurst Rd, Waukegan, IL 60085 |
Hospitality | 50,119 SF | 2021 | - |
|
SpringHill Suites Chicago Waukegan/Gurnee
4101 Fountain Square Pl, Waukegan, IL 60085 |
Hospitality | 76,380 SF | 2008 | - |
|
Residence Inn Development Site
Lakehurst Rd @ Greenleaf Ave, Waukegan, IL 60085 |
Land | 3.50 AC | - | - |
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