This Hospitality Property is no longer advertised on LoopNet.com.

2112 S Arlington Heights Rd
Arlington Heights, IL 60005

Wingate by Wyndham · Hospitality Property For Sale · 46,232 SF

INVESTMENT HIGHLIGHTS

  • Fee Simple interest in the receiver controlled and managed 80-room Wingate Chicago Arlington Heights, IL.
  • Available unencumbered of debt and management.
  • Consistently strong performing property with trailing 24-month pre-COVID RevPAR over $70.
  • Offered for sale in the March 30th Ten-X event.
  • Ability to relicense the property under the existing Wingate flag for a new long-term franchise agreement with Wyndham.
  • Strong operational upside for a new owner to revamp operations and implement a revised sales & marketing strategy after taking over from receiver.

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 1.46 AC
Building Size 46,232 SF
No. Stories 4
Year Built/Renovated 2003/2024
Tenancy Single
Parking Ratio 1.82/1,000 SF
Corridor Interior

AMENITIES

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

PROPERTY TAXES

ZONING

Zoning Code R-5
  • Listing ID: 24965967

  • Date on Market: 2/2/2022

  • Last Updated:

  • Address: 2112 S Arlington Heights Rd, Arlington Heights, IL 60005