121 NW Point Blvd | Elk Grove Village, IL 60007
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
121 NW Point Blvd
Elk Grove Village, IL 60007
Sheraton Suites Chicago Elk Grove · Hospitality Property For Sale · 179,100 SF
Investment Highlights
- 9.61 acre, fee simple, 253-key, 7-story Upper Upscale hotel, located in Chicago’s NW Suburbs
- Priced below replacement cost at $69,170/key | $81,613/key with anticipated PIP
- Nearby demand generators include nearby Woodfield Mall, Allstate Arena, Rivers Casino, Legoland, and Arlington Park Racetrack
- $4.9M in property improvements over last five years
- Located directly adjacent to I-90 at the Arlington Heights exit, just 8.6 miles from O’Hare Airport
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 7 |
| Property Subtype | Hotel | Year Built/Renovated | 1990/2016 |
| Building Class | B | Parking Ratio | 1.7/1,000 SF |
| Lot Size | 9.61 AC | Corridor | Interior |
| Building Size | 179,100 SF |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 9.61 AC |
| Building Size | 179,100 SF |
| No. Stories | 7 |
| Year Built/Renovated | 1990/2016 |
| Parking Ratio | 1.7/1,000 SF |
| Corridor | Interior |
Amenities
- Business Center
- Fitness Center
- Pool
- Restaurant
- Room Service
- High Speed Internet Access
- On-Site Bar
- Meeting Event Space
- Public Access Wifi
- Digital key
PROPERTY TAXES
| Parcel Number | 08-21-202-072-0000 | Improvements Assessment | $1,599,871 |
| Land Assessment | $1,280,773 | Total Assessment | $2,880,644 |
PROPERTY TAXES
Parcel Number
08-21-202-072-0000
Land Assessment
$1,280,773
Improvements Assessment
$1,599,871
Total Assessment
$2,880,644
zoning
| Zoning Code | O-P, Elk Grove |
| O-P, Elk Grove |
1 of 1
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
