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Investment Highlights

  • A two-story, 131-room Courtyard by Marriott situated on a 4.37-acre lot.
  • Positioned along Lake Cook Road in the affluent Deerfield submarket with strong access to regional transportation and business centers.
  • Close to Lake Cook Road Metra Station, Chicago O’Hare International Airport, and Chicago Executive Airport.
  • The property has completed exterior renovations consistent with the latest brand standards.
  • Near Walgreens Corporate Headquarters, Caterpillar, Baxter, and other corporate offices supporting consistent weekday occupancy.
  • Nearby wedding and banquet venues including Mission Hills Banquets & Events and Passage Banquets & Events.

Executive Summary

INVESTMENT HIGHLIGHTS:
Upscale Brand Affiliation: A two-story, 131-room Courtyard by Marriott situated on a 4.37-acre lot.
Exterior Renovations: The property has completed exterior renovations consistent with the latest brand standards.
Strategic North Shore Location: Positioned along Lake Cook Road in the affluent Deerfield submarket with strong access to regional transportation and business centers.
Corporate Demand Drivers: Near Walgreens Corporate Headquarters, Caterpillar, Baxter, and other corporate offices supporting consistent weekday occupancy.
Transportation Accessibility: Close to Lake Cook Road Metra Station, Chicago O’Hare International Airport, and Chicago Executive Airport.
Event and Group Demand: Nearby wedding and banquet venues including Mission Hills Banquets & Events and Passage Banquets & Events.
Retail and Leisure Attractions: Proximity to Deerbrook Shopping Center, Northbrook Court, Chicago Botanic Garden, Ravinia Festival, and local recreation.
Full-Service Select-Service Amenities: Outdoor pool, fitness center, business center, meeting space, and on-site Bistro restaurant and bar.
INVESTMENT OVERVIEW:
As the exclusive representative of the seller, Marcus & Millichap is pleased to present for sale to qualified investors the Courtyard by Marriott Chicago Deerfield (‘Hotel’ or ‘Property’) located at 800 Lake Cook Road in Deerfield, Illinois. The select-service, Marriott International-branded Hotel is offered on a “Request for Offers” basis. Please reach out to the listing agent for more information.
Situated on approximately 4.37 acres, the upscale Hotel features 131 guest rooms across two stories. The Property was originally constructed in 1986. The Hotel offers a wide variety of common area amenities designed to serve both corporate and leisure travelers, including an outdoor pool, fitness center, business center, on-site restaurant and bar, meeting and event space, and an outdoor grill and patio area. The property’s Bistro restaurant serves balanced meals, Starbucks coffee, and craft cocktails, enhancing the guest experience while driving additional food and beverage revenue.
Strategically positioned along Lake Cook Road in the North Shore submarket, the Hotel benefits from proximity to major corporate offices and regional transportation infrastructure. Key nearby employers include Walgreens Corporate Headquarters, Caterpillar, and Baxter, which generate consistent corporate travel demand. The Property also benefits from accessibility to the Lake Cook Road Metra Train Station, providing convenient connections to downtown Chicago, and is within proximity to Chicago O’Hare International Airport (approximately 14.8 miles) and Chicago Executive Airport (approximately 6.3 miles). The surrounding area also supports strong social, leisure, and event-driven lodging demand. Nearby event venues such as Mission Hills Banquets & Events and Passage Banquets & Events generate wedding and group room blocks, while retail and entertainment destinations including Deerbrook Shopping Center and Northbrook Court attract regional visitors. Additional recreational demand drivers include Heritage Oaks Golf Club, the Chicago Botanic Garden, Hidden Creek Aquapark, and seasonal cultural events at Ravinia Festival, one of the nation’s premier outdoor music venues.
Deerfield is a well-established suburban community with a population of over 19,000 residents and is in both Lake County and Cook County in northeastern Illinois. Positioned along Chicago’s prestigious North Shore approximately 28 miles north of downtown Chicago, Deerfield offers convenient access to one of the nation’s largest metropolitan economies while maintaining the character and livability of a suburban village. The village benefits from strong transportation connectivity throughout the Chicago metropolitan area. Interstate 94 (the Illinois Tri-State Tollway) runs through the western portion of Deerfield, providing direct regional access, while a connecting toll road spur links the Tri-State Tollway with the Edens Expressway to the east. Locally, Lake Cook Road serves as a major east–west route along the southern portion of the community, while Deerfield Road runs through the heart of the downtown district. Deerfield is widely recognized as a corporate and professional hub
within Chicago’s North Shore region. The village is home to numerous corporate headquarters, research centers, and professional offices for major national and international companies. Leading employers in the area include Walgreens Boots Alliance, Alera Group, Baxter International, Essendant, and Trinity International University. With its strategic North Shore location, robust transportation infrastructure, and concentration of major corporate employers, Deerfield remains one of the Chicago region’s most attractive suburban communities for residents, businesses, and professionals.
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 B
Lot Size 4.37 AC
Building Size 81,237 SF
No. Rooms 131
No. Stories 2
Year Built/Renovated 1986/2016
Tenancy Single
Parking Ratio 1.65/1,000 SF
Corridor Interior
Zoning C

Amenities

  • Balcony
  • Business Center
  • Fitness Center
  • Pool
  • Restaurant
  • High Speed Internet Access
  • Patio
  • On-Site Bar
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 17 $246.40 CAD -
Guest Room 114 $185.83 CAD -
Fairly walkable
50/100
Exceptionally drivable
100/100
Good public transit
60/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
16-33-304-013
Land Assessment
$700,618 CAD
Improvements Assessment
$1,777,136 CAD
Total Assessment
$2,477,754 CAD
  • Listing ID: 40130242

  • Date on Market: 2026-04-13

  • Last Updated:

  • Address: 800 Lake Cook Rd, Deerfield, IL 60015

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