Embassy Suites Deerfield, IL

1445 Lake Cook Road, Deerfield, IL 60015

PROPERTY SUMMARY

 

Property Details 

  • Fee simple interest in the institutionally-owned and third-party managed 237-room Embassy Suites Chicago Deerfield, IL

  • Offered for sale in the June 25th Crexi auction event

  • Available unencumbered by debt or management at a substantial discount to replacement cost

  • Ability to relicense with Hilton for a new long-term franchise agreement

  • Significant operational upside in transferring to hands-on ownership with stronger operating economies of scale

  • Market-leading performance with RevPAR up 6.6% T-12 April 2025 versus the same period last year

Location Summary

  • Directly adjacent to and visible from Interstate 94/294 with over 200,000 vehicles passing the location daily

  • Proximate to all area demand included Deerfield Park Plaza, The Shops at Deerfield Square, The Chicago Botanic Gardens, Highland Park Hospital, Walgreens Headquarters, Baxter Headquarters, Discover Financial Headquarters, Crate & Barrel Headquarters, and Underwriters Laborers Headquarters

  • Ideal time to be investing in the area with healthcare company Vantive investing $23M to establish its headquarters in Deerfield and Fortune Brands consolidating its U.S. regional offices into a new global headquarters in Deerfield

  • Easily accessible to downtown Chicago and O’Hare International Airport, which is currently undergoing an $8.5B modernization and expansion

Andrew Makhlouf

Principal

312.610.9067

amakhlouf@paramountlodging.com

Mike Schlictman

Principal

803.920.4173

mikes@paramountlodging.com