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Illinois Hotel Development & Construction Pipeline

Property Name Address Rooms Scale Status Details
St. Regis Chicago Hotel & Residences 381 - 383 East Wacker Drive, Chicago 191 Luxury Const/Open
The Chez Hotel Arlington Heights 519 Algonquin Road, Arlington Heights 62 Upscale In Const.
Holiday Inn Chicago Mart Plaza River Nor... 350 W Wolf Point Plaza, Chicago 521 Up Midscale In Const.
Aloft Chicago Northwest-Schaumburg 3405 W. Algonquin, Rolling Meadows 119 Upscale In Const.
Cit... 300... ... Upscale In Const.
Bay... 230... ... Midscale Final Plan
RIU... 150... ... Up Upscale Planning
Hom... 220... ... Upscale TBD
Rei... 350... ... TBD TBD
Cla... 201... ... TBD TBD
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Illinois Recent Hotel Openings

Property Name Address Rooms Scale Opening Date Details
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
The Forester, Hyatt Place Hotel 200 N. Field Drive, Lake Forest 156 Upscale 4/8/2021
Fairfield Inn & Suites Chicago Bolingbro... 165 Fernwood Drive, Bolingbrook 96 Up Midscale 3/30/2021
Sable at Navy Pier Chicago, Curio Collec... 900 E Grand Avenue, Chicago 223 Up Upscale 3/18/2021
Holiday Inn Express & Suites Lockport 16223 W. 159th Street, Lockport 81 Up Midscale 1/28/2021
Holiday Inn Express Orland Park - Mokena 19220 Greenwich Way, Mokena 126 Up Midscale 12/2/2020
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Illinois Recent Hotel Sale Transactions

Property Name Address Rooms Scale Sale Date Price Details
Hyatt Place Bloomington/Normal 200 Broadway Avenue, Normal 114 Upscale 12/9/2019 ...
Chicago Marriott at Medical District/UIC 625 South Ashland Avenue, Chicago 113 Up Upscale 12/18/2019 ...
Hotel Royer, Tapestry Collection 210 S Race Street, Urbana 120 Upscale 1/23/2020 ...
Ame... 130... ... Midscale 2/7/2020 ...
Hya... 185... ... Upscale 2/26/2020 ...
Chi... 480... ... Up Upscale 6/26/2020 ...
The... 140... ... Up Upscale 7/10/2020 ...
Ren... 850... ... Up Upscale 8/20/2020 ...
Bay... 230... ... Midscale 8/27/2020 ...
Pen... 230... ... Up Upscale 9/1/2020 ...
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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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