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1550 E Dundee Rd
Palatine, IL 60074 Far Northwest Suburban Cook

Price Upon Request

Hotel For Sale • 167,000 SF

Property Details

Property Type Hotel
Total Building Size 167,000 SF
Lot Size 6.11 AC
Building Class B
Year Built 1980
Tenancy Single
Zoning PUD

30 Transit Score

40 Walk Score

                
                    Highlights
                
                                AUCTION - December 8-10, 2025 | Starting Bid: $850,000 - Register to bid and access due diligence documents on RealINSIGHT Marketplace
                            
                                Strong Location & Accessibility - High-visibility corner near IL-53 and Dundee Rd with direct access to I-90, O'hare International Airport, Downtown
                            
                                Substantial Redevelopment Opportunity - The site includes a six-story, 181-room hotel and a 60,000 SF athletic complex
                            
                                Diverse Facility Mix - Hotel includes lobby, breakfast room, pantry kitchen, and laundry facilities, and athletic complex
                            
                                Demographics - Affluent area with median household income of $121k and population over 250k within 5 miles.

Amenities

Business Center
Fitness Center
Pool
Signage
Meeting Event Space

Public Transportation

Commuter Rail	Drive	Walk	Distance
Palatine Station (Union Pacific Northwest Line - Northeast Illinois Regional Commuter Railroad (Metra))	10 min	-	4.7 mi
Wheeling Station (North Central Service - Northeast Illinois Regional Commuter Railroad (Metra))	10 min	-	4.7 mi
Airport	Drive	Walk	Distance
Chicago O'Hare International	28 min	-	19.2 mi
Chicago Midway International	50 min	-	35.3 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	75
Type:	Surface
Included in Rent:	Yes

1550 E Dundee Rd OFF MARKET Palatine, IL 60074 Far Northwest Suburban Cook OFF MARKET