Hospitality N Illinois
CBRE brokers sale of downstate hotel property

CBRE brokers sale of downstate hotel property

CBRE facilitated the sale of a 55-room Quality Inn hotel at 134 Barnett Avenue in Forsyth, Illinois. Located near Decatur, the property is across the street from Hickory Pointe Mall, just north of I-72 off of Route 51, and includes amenities such as a heated indoor pool, fitness center and a business center.

Hospitality N Illinois
Arlington Heights hotel sells for $7.5 million

Arlington Heights hotel sells for $7.5 million

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.

Hospitality N Illinois
DoubleTree Midway to get new public spaces in final phase of renovation

DoubleTree Midway to get new public spaces in final phase of renovation

Cicero’s Development Corp. has completed the initial phase of rebranding the Holiday Inn Midway, situated a few blocks from Chicago’s Midway International Airport, to the DoubleTree by Hilton Midway. Work will now begin on the final phase of the multimillion-dollar project that will bring the DoubleTree hospitality experience to the Midway location's lobby, restaurant, fitness center, outdoor patio and other public areas.