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200 E Rand Rd
Mount Prospect, IL 60056 Des Plaines/Arlington Hts Corridor

Price Upon Request

Hotel For Sale  •  79,828 SF

Property Details

  • Property Type Hotel
  • Total Building Size 79,828 SF
  • Lot Size 2.94 AC
  • Building Class B
  • Year Built 1971
  • Tenancy Multiple
  • Zoning C
25 Transit Score
71 Walk Score

Highlights

Lender Owned Value-Add Opportunity
Possible 55+ Multifamily Conversion Opportunity
Booming Greater Chicago Market
Within 9 miles of Chicago O’Hare International Airport (ORD)
Offered Unencumbered of Franchise and Management
Potential Restaurant Lease Income

Major Tenants

Tenant SF Occupied Lease End Date
Chaudhry A Sindhu

Amenities

  • Business Center
  • Fitness Center
  • Pool
  • Restaurant
  • Shuttle Service
  • High Speed Internet Access
  • On-Site Bar
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free

Public Transportation

Commuter RailDriveWalkDistance
Mount Prospect Station (Union Pacific Northwest Line - Northeast Illinois Regional Commuter Railroad (Metra)) 3 min - 1.6 mi
Prospect Heights Station (North Central Service - Northeast Illinois Regional Commuter Railroad (Metra)) 5 min - 2.3 mi
AirportDriveWalkDistance
Chicago O'Hare International 17 min - 9.9 mi
Chicago Midway International 46 min - 25.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 137
Type: Surface
Included in Rent: Yes