Embassy Suites Deerfield, IL
1445 Lake Cook Road, Deerfield, IL 60015
PROPERTY SUMMARY
Property Details
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Fee simple interest in the institutionally-owned and third-party managed 237-room Embassy Suites Chicago Deerfield, IL
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Offered for sale in the June 25th Crexi auction event
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Available unencumbered by debt or management at a substantial discount to replacement cost
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Ability to relicense with Hilton for a new long-term franchise agreement
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Significant operational upside in transferring to hands-on ownership with stronger operating economies of scale
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Market-leading performance with RevPAR up 6.6% T-12 April 2025 versus the same period last year
Location Summary
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Directly adjacent to and visible from Interstate 94/294 with over 200,000 vehicles passing the location daily
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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
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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
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Easily accessible to downtown Chicago and O’Hare International Airport, which is currently undergoing an $8.5B modernization and expansion