Hospitality N Illinois

Arlington Heights hotel sells for $7.5 million

Arlington Heights hotel sells for 7.5 million,ph1

Marcus & Millichap closed the sale of Comfort Inn, a 125-room hospitality property located at 2120 S. Arlington Heights Road in Arlington Heights, Illinois. The 125-room, three-story, upper midscale, concrete block hotel—featuring elevator service, a business center, fitness center, dry cleaning services and meeting rooms—sold for $7,500,000.

Ebrahim Valliani, first vice president investments, Michael Klar, an associate, Allan Miller, senior vice president investments, Chris Gomes, senior managing director investments, in Marcus & Millichap’s Chicago Oak Brook, Dallas and Austin offices, exclusively marketed the property on behalf of the seller and represented the buyer.