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2000 Lakeside Dr
Bannockburn, IL 60015

La Quinta Inn & Suites by Wyndham Bannockburn · Hospitality Property For Sale · 87,649 SF

Investment Highlights

  • Leasehold interest in the institutionally owned and until recently Wyndham managed 127-room La Quinta Inn & Suites Bannockburn-Deerfield.
  • Significant operational upside for prospective buyers with a focused local / regional strategy and market knowledge.
  • Ability for qualified buyers to retain the Wyndham flag upon completion of the pre-negotiated La Quinta Inn & Suites change of ownership PIP.
  • Ideally situated along I-94 with more than 198,000 vehicles passing the location daily.
  • Proximate to all local demand including Trinity International University, Chicago Botanic Garden, Stericycle World HQ, and much more.
  • Near all core Chicagoland demand generators while located out of Cook County, limiting tax liability for a prospective owner.

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 3.88 AC
Building Size 87,649 SF
No. Stories 3
Year Built/Renovated 1999/2008
Parking Ratio 1.61/1,000 SF
Corridor Interior

Amenities

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

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
16-19-105-013
Land Assessment
$627,524
Improvements Assessment
$420,332
Total Assessment
$1,047,856

zoning

Zoning Code O (Land is under a leased contract.)
O (Land is under a leased contract.)
  • Listing ID: 25347084

  • Date on Market: 3/28/2022

  • Last Updated:

  • Address: 2000 Lakeside Dr, Bannockburn, IL 60015

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