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

3003 Corporate West Dr
Lisle, IL 60532

DoubleTree by Hilton Lisle Naperville · Hospitality Property For Sale · 315,360 SF

Investment Highlights

  • Maintained in good condition and will benefit from a comprehensive renovation allowing it to relicense with DoubleTree for at least 15 years.
  • Registering an average $12 rate discount relative to the peer set, demonstrating an opportunity to close the gap post-renovation.
  • Situated in DuPage County, which generally benefits from lower real estate tax levels relative to neighboring Cook County.
  • Superior location and commanding presence within Chicago's western suburb and proximate to a strong list of top area employers.
  • The current zoning is O-R, designated as Office Research within the Village of Lisle, allowing for a potential use conversion.
  • Offered free and clear of any management encumbrances and at a significant discount to replacement cost.

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 14.88 AC
Building Size 315,360 SF
No. Stories 8
Year Built/Renovated 1981/2012
Tenancy Single
Parking Ratio 1.34/1,000 SF
Corridor Interior

Amenities

  • Business Center
  • Fitness Center
  • Pool
  • Restaurant
  • Room Service
  • On-Site Retail
  • High Speed Internet Access
  • On-Site Bar
  • Meeting Event Space
  • Wedding Venue
  • Public Access Wifi
  • Smoke-Free
  • Digital key

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
08-04-101-015
Land Assessment
$1,636,050
Improvements Assessment
$1,350,650
Total Assessment
$2,986,700

zoning

Zoning Code O-R (Office Research)
O-R (Office Research)
  • Listing ID: 21694424

  • Date on Market: 12/8/2020

  • Last Updated:

  • Address: 3003 Corporate West Dr, Lisle, IL 60532

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