1177 S Northpoint Blvd | Waukegan, IL 60085
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1177 S Northpoint Blvd
Waukegan, IL 60085
Red Roof HomeTowne Studios Chicago Waukegan · Hospitality Property For Sale
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182,760 SF
INVESTMENT HIGHLIGHTS
- Fee-simple interest in the corporate managed 121-room Red Roof HomeTowne Studios Chicago Waukegan.
- Ability to purchase any combination of the five assets, affording buyers the opportunity to capitalize on strong operating economies of scale.
- Offered unencumbered of brand, debt, and management - with a variety of alternative brand options available for conversion.
- Available for individual sale as part of a larger five property portfolio in the September 5th auction event.
- Strong in-place market performance with trailing-24-month year-over-year average ADR gains of +13%.
- Opportunity to explore alternative uses, including a potential residential conversion.
PROPERTY FACTS
AMENITIES
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
- Fully-Equipped Kitchen
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