Embassy Suites Deerfield, IL
1445 Lake Cook Road. Deerfield, IL 60015
PROPERTY SUMMARY
Opportunity
- Fee simple interest in the institutionally owned and third-party managed 237-room Embassy Suites Deerfield IL
- Available unencumbered by debt or management
- Ability to relicense with Hilton for a new long-term franchise agreement
- Significant operational upside transferring to regional hands-on ownership with stronger operating economies of scale
- Market leading performance with RevPAR up +19% year-to-date May 2024 versus the same period last year
Location
- 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 Laboratories Headquarters
- Easily accessible to downtown Chicago and O’Hare International Airport which is currently undergoing a $8.5B modernization and expansion
