Sofitel Chicago Magnificent Mile 20 E Chestnut St 415 Pièce Hôtel Chicago, IL 60611 À vendre

Sofitel Chicago Magnificent Mile presents a rare opportunity to acquire a premier luxury hotel in the heart of Chicago’s prestigious Gold Coast neighborhood. This 415-key property, including 61 suites, is housed in an iconic 32-story prism-shaped tower designed by renowned French architect Jean-Paul Viguier. The hotel underwent a $12.8 million guestroom renovation in 2018 and has seen over $20 million in capital improvements since 2014, ensuring exceptional physical condition and long-term value.
The property benefits from its prime location just two blocks west of the Magnificent Mile and one block south of Oak Street’s luxury retail corridor, offering unparalleled access to Chicago’s top dining, shopping, and cultural attractions. With approximately 13,000 square feet of event space, including a 4,600-square-foot Grand Ballroom, and multiple French-inspired dining venues, the hotel is well-positioned to capture both leisure and corporate demand.
Offered fee-simple and unencumbered by management, the asset provides operational flexibility and strong brand affiliation under Sofitel by Accor, with a franchise agreement in place through December 31, 2041. This investment combines irreplaceable real estate with significant upside potential in one of the nation’s highest ADR-performing markets.