Sub Markets

Property Sectors

Topics

Chicago & Midwest CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Chicago & Midwest  + Greater Chicagoland  + Hospitality  | 

Marcus & Millichap Arranges Sale of Comfort Suites in Elgin

Marcus & Millichap completed the sale of a 78-room Comfort Suites hotel property in Elgin, Illinois.

“The property offered an attractive opportunity due to its recent full renovation to Choice Hotels’ latest Rise and Shine brand standards,” said Ebrahim Valliani, managing director investments. “As an all-suites property with strong in-place fundamentals, it was a strategic fit for the regional hotelier buyer, who plans to bring a more hands-on management approach.”

Valliani, investment specialist in Marcus & Millichap’s Chicago Oak Brook office, had the exclusive listing to market the property on behalf of the seller and procured the buyer. The transaction received additional support from Michael Klar, Allan Miller and Chris Gomes of the Miller-Gomes Hotel Team.

Built in 2006 on 1.75 acres, the Comfort Suites is located at 2480 Bushwood Drive, approximately 35 miles northwest of downtown Chicago. The property features an indoor pool, meeting space, business center and fitness center.

Read More News Stories About: Marcus & Millichap
Connect

Inside The Story

Marcus & Millichap

About Jasmine Kilman

Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.