Hospitality Business for Sale in Matteson, IL

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Hospitality Business
  • Location: Matteson, IL 60443
  • Year built: 1988

Description

As the exclusive representative of the seller, Marcus & Millichap’s National Hospitality Group is pleased to present for sale to qualified investors the Quality Inn & Suites Matteson Near I-57 (‘Hotel’ or ‘Property’) located at 21050 Matteson Avenue in Matteson, Illinois. The select-service, Choice Hotels International-branded Hotel is offered on a “Request for Offers” basis. Please reach out to the listing agent for more information. Constructed in 1988, this midscale Hotel features 101 guest rooms across four stories. The Property occupies 2.83 acres, encompasses approximately 50,036 square feet of gross building area and includes 100 parking spaces. Common area amenities cater to a wide variety of guests and include a fitness center, outdoor pool, meeting room, business center, vending machines, and truck parking. Moreover, the Hotel benefits from a long-term 20-year Quality Inn franchise agreement, with an upcoming 10th anniversary window on June 26, 2027, providing stability and flexibility for future ownership. Strategically located just off Interstate 57, the Property provides convenient access to the greater Chicago metropolitan area, located approximately 30 minutes away. Guests can enjoy proximity to major regional attractions including Credit Union 1 Amphitheatre, Odyssey Fun World, and a direct one-hour train ride to downtown Chicago, providing access to Millennium Park, Navy Pier, and other major cultural destinations. The Hotel is also well positioned relative to major airports, located approximately 23 miles from Midway International Airport and 45 miles from O’Hare International Airport. Demand drivers in the surrounding area include Governors State University, which generates consistent visitation from students, faculty, and families, and St. James Hospital in nearby Chicago Heights supports steady medical-related lodging demand. Meanwhile, industrial and corporate travel is further bolstered by the nearby Ford Motor Company Stamping Plant, a major

Market Context

This hospitality in Matteson, IL is listed for sale. The building dates to 1988. It has been on the market for 67 days. Compare it against other hospitality listings for sale in Matteson, IL — <a href="/search/sale/hospitality/illinois/matteson">view the full market</a>.

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