900 N Wood Dale Rd
Wood Dale, IL 60191

TRANSACTION TIMELINE: October 10, 2018 – Indicative Bid Form due (see due diligence vault) October 12, 2018 – Finalists selected October 17, 2018 – Bidder Participation deposit ($50K VIA WIRE ONLY) due to escrow October 23, 2018 – Best and final event Closing Date: 12/18/2018 - Seller shall have the right to extend the Closing Date for up to thirty (30) days as may be necessary with respect to Seller’s defeasance and release of the lien of the Existing Mortgage from the Property. The Courtyard Wood Dale presents a unique opportunity for an investor to own an institutional-quality, Marriott Branded airport hotel located minutes from the O’Hare International Airport outside of Chicago, IL. The 149-room select-service Hotel will benefit from excellent visibility given its location off the new Illinois Route 390 (Elgin-O’Hare Tollway) and will have direct access to the O’Hare International Airport. The section of the IL 390 from the Hotel with direct access to the Chicago O’Hare International Airport is expected to finish in the next year. O’Hare is the 3rd busiest airport in the United States with 79.8 million passengers in 2017. This new connection to the airport will not only be beneficial to the Hotel, but to the surrounding Wood Dale market by increasing the traffic count significantly. This new connection to the airport will not only be beneficial to the Hotel, but to the surrounding Wood Dale market by increasing the traffic count significantly.