CBRE is the exclusive agent in connection with the solicitation of offers to acquire the fee-simple interest in the 146-room Comfort Inn O’Hare Convention Center located in Des Plaines, Illinois.
The hotel is conveniently accessible off Interstate 294, which provides guests a central base for accessing a diverse mix of attractions including corporate, leisure and industrial demand generators throughout the area. Generating additional demand, the Comfort Inn Convention Center is just minutes away from large attractions such as the Donald E Stephens Convention Center, Rivers Casino, the Rosemont Theater, the Fashion Outlets of Chicago, Allstate Arena, as well as Chicago O’Hare International Airport.
Investment Highlights
- 146 Rooms, 3 stories, limited-service
- 69.5% Occ at $76.60 ADR, RevPAR $53.24, performing at 86% of comp set for T12 of August 2022
- 2022 T12 Room Revenue over $2.7M, Total Revenue almost $3.85M, NOI over $1.25M!
- Assumable CMBS Debt
- Excellent Location:
- 3 minutes to Rivers Casino
- 5 minutes to Chicago O’Hare International Airport (ORD) and Allstate Arena
- Less than 10 minutes to Donald E Stephens Convention Center Parkway Bank Park, Rosemont Theater, and Fashion Outlets of Chicago
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