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Illinois Hotel Development & Construction Pipeline

Property Name Address Rooms Scale Status Details
Holiday Inn Chicago Mart Plaza River Nor... 350 W Wolf Point Plaza, Chicago 521 Up Midscale In Const.
Aloft Chicago Schaumburg 3407 W. Algonquin, Rolling Meadows 119 Upscale In Const.
CitizenM Chicago 300 N. Michigan Avenue, Chicago 280 Upscale In Const.
The Chez Hotel Arlington Heights 519 Algonquin Road, Arlington Heights 62 Upscale In Const.
The... 208... ... Up Upscale In Const.
Hol... 114... ... Up Midscale Final Plan
RIU... 150... ... Up Upscale Final Plan
Lit... 142... ... Upscale Planning
Alo... 20 ... ... Upscale TBD
Fou... 340... ... Upscale TBD
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Illinois Recent Hotel Openings

Property Name Address Rooms Scale Opening Date Details
Fairfield Inn & Suites Chicago O'Hare 2350 Mannheim Road, Des Plaines 100 Up Midscale 5/9/2022
Home2 Suites Bloomington Normal 1781 Bradford Lane, Normal 104 Up Midscale 5/1/2022
Holiday Inn Express 4375 Frontage Road, Oak Forest 90 Up Midscale 4/23/2022
avid hotel Chicago O’Hare – Des Plaines 1551 East Touhy Ave, Des Plaines 99 Midscale 4/15/2022
WoodSpring Suites Gurnee-Chicago 5742 Northridge Drive, Gurnee 114 Economy 12/1/2021
Hilton Garden Inn | Canopy Chicago Centr... 245 S. Franklin Street, Chicago 350 Upscale 9/23/2021
TownePlace Suites Chicago Waukegan/Gurne... 404 Lakehurst Road, Waukegan 96 Up Midscale 8/18/2021
Home2 Suites Lincolnshire Chicago 350 Knightsbridge Parkway, Lincolnshire 113 Up Midscale 6/17/2021
Residence Inn East Peoria 201 Eastlight Court, East Peoria 111 Upscale 6/17/2021
SpringHill Suites Chicago Chinatown 2357 S. Wentworth Ave, Chicago 148 Upscale 4/13/2021
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Illinois Recent Hotel Sale Transactions

Property Name Address Rooms Scale Sale Date Price Details
Chicago Marriott Northwest 4800 Hoffman Boulevard, Hoffman Estates 294 Up Upscale 6/26/2020 ...
Renaissance Chicago O'Hare Suites Hotel 8500 West Bryn Mawr Avenue, Chicago 362 Up Upscale 8/20/2020 ...
Pendry Chicago 230 N. Michigan Avenue, Chicago 364 Up Upscale 9/1/2020 ...
She... 111... ... Up Upscale 10/28/2020 ...
Wal... 11 ... ... Luxury 11/12/2020 ...
Ext... 218... ... Economy 11/18/2020 ...
Mai... 800... ... Midscale 12/29/2020 ...
Mai... 120... ... Midscale 12/29/2020 ...
Mai... 287... ... Midscale 12/29/2020 ...
Dou... 959... ... Upscale 3/11/2021 ...
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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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