Illinois Hotel Development & Construction Pipeline

Property Name Address Rooms Scale Status Details
Hampshire Street Hotel 531 Hampshire Street, Quincy 57 TBD Final Plan
The Elgin House Hotel 53 Douglas Avenue, Elgin 26 TBD Final Plan
Hudson Michigan Hotel 2222 S Michigan Street, Chicago 154 Upscale Final Plan
Monroe Hotel & Residences 111 W. Monroe Street, Chicago 327 Up Upscale Final Plan
The... 142... ... Upscale Final Plan
Man... Fou... ... Luxury Final Plan
Gra... 401... ... Upscale Early Plan
Cou... 182... ... Upscale TBD
Res... 182... ... Upscale TBD
The... 152... ... Up Upscale TBD

Illinois Recent Hotel Openings

Property Name Address Rooms Scale Opening Date Details
Holiday Inn Express Peotone 413 S. 88th Avenue, Peotone 72 Up Midscale 7/31/2025
Hotel Royer Urbana, Tapestry Collection 210 S Race St, Urbana 131 Up Upscale 5/31/2025
WoodSpring Suites Loves Park - Rockford 4101 Galleria Dr., Loves Park 122 Economy 1/14/2025
Hampton Inn & Suites Chicago Medical Dis... 710 S Seeley Avenue, Chicago 135 Up Midscale 11/7/2024
RIU Plaza Chicago 150 East Ontario Street, Chicago 390 Up Upscale 7/17/2024
Residence Inn Chicago Magnificent Mile 101 East Erie Street, Chicago 289 Upscale 5/1/2024
The Chez Hotel Arlington Heights 519 Algonquin Road, Arlington Heights 62 Upscale 3/5/2024
WoodSpring Suites Downers Grove 2751 Ogden Avenue, Downers Grove 122 Economy 1/25/2024

Illinois Recent Hotel Sale Transactions

Property Name Address Rooms Scale Sale Date Price Details
Extended Stay America - Chicago - Elgin ... 2185 Marriott Dr, West Dundee 141 Midscale 1/11/2024 ...
EVEN Hotel Chicago-Tinley Park 18501 Convention Center Drive, Tinley Park 202 Upscale 2/13/2024 ...
Hotel Versey 644 W Diversey Pkwy, Chicago 137 Upscale 5/1/2024 ...
Hot... 640... ... Up Midscale 5/24/2024 ...
Dou... 120... ... Upscale 7/25/2024 ...
The... 601... ... Up Upscale 8/7/2024 ...
Ham... 891... ... Up Midscale 8/13/2024 ...
Hya... 105... ... Upscale 8/15/2024 ...
Cou... 295... ... Upscale 9/10/2024 ...
Son... 144... ... Up Midscale 9/26/2024 ...



Lodging Development Group provides hotel market intelligence that results in new business opportunities. As a leading industry source for lodging real estate intelligence and early stage project information, Lodging Development Group provides clients with hotel construction pipeline data, hotel project leads and hotel sales comparables (sales comps) in Illinois and many other markets. Our Illinois development reports provide key contact information for hotel owners, hotel developers, architects, civil engineers, management companies and other project participants. Subscribers are able to search for hotel ownership companies and hotel development companies, as well as hotels under development, in construction and recently sold by status, chain scale, size, sale price and other criteria.

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Ownership, property history and contact information for open hotels.
 
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