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Investment Highlights

  • Prime Location with Immediate Access to Interstate 80 and Highly Visible Frontage
  • Prime Location Within a Thriving Suburban Community Southwest of Chicago
  • Close To Major Attractions Like Hollywood Casino Amphitheatre and the Revitalized Downtown District
  • Positioned Near Planned Entertainment District and Youth Sports Complex
  • Excellent Connectivity Via Interstate 80 and Interstate 57, Paired with Proximity to Two Major Airports
  • Strong Local Demographics with Over 154,000 Residents, High Median Income, And Low Unemployment

Executive Summary

INVESTMENT HIGHLIGHTS:
Prime Location with Immediate Access to Interstate 80 and Highly Visible Frontage
Positioned Near Planned Entertainment District and Youth Sports Complex
Prime Location Within a Thriving Suburban Community Southwest of Chicago
Excellent Connectivity Via Interstate 80 and Interstate 57, Paired with Proximity to Two Major Airports
Close To Major Attractions Like Hollywood Casino Amphitheatre and the Revitalized Downtown District
Strong Local Demographics with Over 154,000 Residents, High Median Income, And Low Unemployment
INVESTMENT OVERVIEW
Marcus & Millichap is pleased to present the promising hospitality investment opportunity located at 18315 South La Grange Road in Tinley Park, Illinois. This three-story hotel was originally constructed in 2007 before being fully renovated in 2019. Today, the 99-room lodging asset features an attractive brick façade accented by refined architectural details, appealing to both business and leisure travelers and positioning this asset as a premium turnkey hospitality investment. Strategically located with highly visible frontage and immediate access off Interstate 80, the hotel benefits from proximity to numerous demand generators and affluent suburban communities within the Tinley Park area. The market is poised for substantial growth, with planned developments including a new Topgolf-anchored entertainment district and a 280-acre youth sports complex. Operationally, it is currently achieving an impressive 84.7 percent RevPAR Index, offering upside potential for top-line growth. Minimal renovations are required upon change of ownership, ensuring a smooth transition and immediate cash flow. As a result, this offering represents a rare opportunity to acquire a premier hotel asset in a thriving and expanding market with sustained visitor demand.
The investment property is in Tinley Park, Illinois, an established suburban community located just over 20 miles southwest of Chicago. The market is an excellent target for hospitality investment thanks to its strategic location, abundance of nearby tourism drivers, and strong economic performance. The area is strategically positioned along Interstate 80 and near Interstate 57, offering direct connectivity to regional markets and tourist destinations. Likewise, both Chicago Midway International Airport and Chicago O’Hare International Airport are located within a 50-minute drive of the market. Nearby attractions like the Hollywood Casino Amphitheatre, one of the Midwest’s largest outdoor music venues, and the city’s recently revitalized downtown district contributes to a steady influx of event-driven visitor traffic, generating consistent demand for hospitality services. Over 154,000 residents live within a five-mile radius of the property, and this growing population, along with the area’s above-average median income and low unemployment rate, reflect a highly stabilized economy. This combination of strategic location, robust infrastructure, and economic vitality positions the property for long-term success in the hospitality market.
BROKER OF RECORD
Steven Weinstock
Illinois
Lic #: 471.011175
P: (630) 570-2200

Property Facts

Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 1.53 AC
Building Size 75,000 SF
No. Rooms 99
No. Stories 3
Year Built/Renovated 2007/2019
Parking Ratio 1.84/1,000 SF
Corridor Interior
Zoning B-3

Amenities

  • Business Center
  • Fitness Center
  • Pool
  • High Speed Internet Access
  • Public Access Wifi
  • Smoke-Free

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 29 $258.02 CAD -
Guest Room 70 $234.93 CAD -
Fairly walkable
40/100
Exceptionally drivable
90/100
Minimal public transit
10/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
19-09-04-201-004
Land Assessment
$170,965 CAD
Improvements Assessment
$1,714,510 CAD
Total Assessment
$1,885,476 CAD
  • Listing ID: 40302291

  • Date on Market: 2025-12-10

  • Last Updated:

  • Address: 18315 S La Grange Rd, Tinley Park, IL 60487

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