RevereCRE
140
Guest Keys
2,614 SF
Meeting Space
2023
Most Recent Renovation
4.46 AC
Of Land
The Opportunity
Courtyard Elmhurst two story lobby and lounge

Opportunity Details

A 140-key Marriott asset in DuPage County, delivered unencumbered by management, with a renewable flag.

◆Fee simple, 140 keys. Fee simple interest in the 140-key, third-party managed Courtyard by Marriott Elmhurst.
◆Unencumbered by management and debt. Offered unencumbered of existing management or debt, providing new ownership full flexibility.
◆Marriott flag renewable. Ability to retain the Marriott flag through a new 10 year license agreement.
◆A clear path to RevPAR upside. The hotel ranks just 4 of 7 in RevPAR. T-12 market occupancy sits at 66.7% with roughly 6% RevPAR growth over consecutive 12 month spans, while the hotel trails at 62.0%. Closing that gap is a direct path to RevPAR upside under new hands-on management.
Location Summary

At the Crossroads of DuPage County

Elmhurst sits inside the Chicagoland MSA but outside Cook County, pairing full access to metro demand with a lighter tax burden for ownership.

◆Immediate interstate access. Readily accessible via Interstate 290 and Interstate 355, located at the intersection of Route 83 and Route 64, placing the hotel at the crossroads of DuPage County's primary commuter and commercial corridors.
◆Surrounded by local demand. Proximate to O'Hare Airport, Elmhurst University, Elmhurst Hospital, Oakbrook Center, Enchanted Castle Entertainment Center, and Safari Land Indoor Amusement Park.
◆Near the nation's busiest airport. Accessible to Chicago O'Hare International Airport, the busiest airport in the U.S. in 2025, with nearly 860,000 aircraft operations annually.
◆Anchored in a 9.5 million person metro. Ideally located in the broader Chicagoland MSA, home to approximately 9.5 million residents.
Points of Interest
O'Hare International Airport Midway International Airport Oakbrook Center Mall Elmhurst University Elmhurst Art Museum Midwest Conference Center Odeum Expo Center Addison Ice Arena Berens Park Brookfield Zoo Paradise Bay Water Park White Pines Golf Club The Preserve at Oak Meadow
The Property
Courtyard Elmhurst front desk
Front desk
Courtyard Elmhurst the bistro
The Bistro
Courtyard Elmhurst bistro bar
Bistro bar
Courtyard Elmhurst the market
The Market
Courtyard Elmhurst meeting space
Meeting space
Courtyard Elmhurst indoor pool
Indoor pool
Courtyard Elmhurst fitness center
Fitness center
Courtyard Elmhurst outdoor courtyard
Outdoor courtyard
Courtyard Elmhurst king guest room
King guest room
Courtyard Elmhurst double double guest room
Double double guest room
Courtyard Elmhurst one bedroom suite
One bedroom suite
Courtyard Elmhurst suite living area
Suite living area
Courtyard Elmhurst guest bathroom
Guest bathroom
Courtyard Elmhurst guest laundry
Guest laundry
Property Details

Asset Summary

Address
370 N Route 83, Elmhurst, IL 60126
Year Built
1988
Most Recent Renovation
2023
Product Orientation
Full Service
Guest Rooms
140
Total Meeting Space
2,614 SF
Elevators
3
Interest Conveyed
Fee Simple
Land Acreage
4.46
Parcel Number
03-34-410-014
Zoning
COM, Commercial
Parking Spaces
242

Guest Room Configuration

King73
Double Double54
Suites12
Executive Suite1
Total Keys140

Amenities

On-Site Restaurant Meeting Space Indoor Pool Whirlpool Fitness Center On-Site Laundry Business Center Convenience Store Truck and Bus Parking
Operations

Food and Beverage and Management

Food and Beverage
The Bistro

Breakfast, dinner, and cocktails served on site, with seating for 55.

Management
Third Party Managed

The hotel is currently operated by a third party manager and is delivered unencumbered of that agreement.

Our Team

Contact the Advisors

Raheel Moolji
Raheel Moolji
Managing Director
Carter Benedict
Carter Benedict
Senior Associate
The Firm

About Paramount Lodging Advisors

Paramount Lodging Advisors is a national hotel advisory and brokerage firm focused solely on hospitality. Since 2007, we have helped owners, investors, developers, and institutions maximize value through brokerage, capital markets, asset management, valuation, and consulting. Our data-driven team supports acquisitions, dispositions, financing, portfolio optimization, and operational improvement, building lasting partnerships that drive long-term success in hospitality real estate.

$14B+
In Transactions
1,200+
Deals Closed
Since 2007
Focused Solely on Hospitality
Paramount Lodging Advisors
212 W. Superior St. Suite 204, Chicago, IL 60654
312-239-0166
info@paramountlodging.com
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© 2026 Paramount Lodging Advisors. All rights reserved.Information contained herein is believed to be reliable but is not guaranteed. Offering subject to errors, omissions, prior sale, change, or withdrawal without notice. Courtyard by Marriott and Marriott are marks of their respective owners.