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

4575 Frontage Rd
Hillside, IL 60162

ESA Hillside Chicago IL · Hospitality Property For Sale · 54,825 SF

Investment Highlights

  • Fee-simple interest in the corporate owned and corporate managed 122-room Extended Stay America (ESA) Chicago Hillside.
  • Ability to purchase any combination of the 20-assets, affording buyers the opportunity to capitalize on strong regional operating economies of scale.
  • Offered unencumbered of brand, debt, and management - with a variety of alternative brand options available for conversion.
  • Tours Available July 11. Available for individual sale as part of a larger 20-property portfolio in the July 26th and July 27th auction events.
  • Strong in-place performance with trailing-24-month year-over-year average ADR gains of +25%.
  • Product type with fully equipped kitchens is ideal for potential residential conversion or alternative use pending zoning and municipality approval.

PROPERTY FACTS

Sale Conditions Auction Sale
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 2.56 AC
Building Size 54,825 SF
No. Stories 3
Year Built/Renovated 1998/2009
Tenancy Single
Parking Ratio 2.74/1,000 SF
Corridor Interior

Amenities

  • Fitness Center
  • High Speed Internet Access
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free
  • Fully-Equipped Kitchen

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
15-17-101-025-0000
Land Assessment
$222,764
Improvements Assessment
$814,482
Total Assessment
$1,037,246
  • Listing ID: 28675941

  • Date on Market: 6/6/2023

  • Last Updated:

  • Address: 4575 Frontage Rd, Hillside, IL 60162

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