Illinois Hotel Development & Construction Pipeline

Property Name Address Rooms Scale Status Details
Holiday Inn Express Lombard North 451 East North Avenue, Lombard 85 Up Midscale In Const.
Holiday Inn Express Peotone 413 S. 88th Avenue, Peotone 72 Up Midscale In Const.
The Duke of Wells Hotel 1528 N. Wells Street, Chicago 203 Up Upscale In Const.
TownePlace Suites Romeoville 1280 Windham Parkway, Romeoville 111 Up Midscale In Const.
Hol... 234... ... TBD In Const.
Hot... 210... ... Upscale In Const.
Ful... 101... ... TBD Final Plan
Bar... 250... ... TBD TBD
Lak... 193... ... Upscale TBD
Ham... Con... ... Up Midscale TBD

Illinois Recent Hotel Openings

Property Name Address Rooms Scale Opening Date Details
Hotel Royer Urbana, Tapestry Collection 210 S Race St, Urbana 131 Upscale 1/31/2025
WoodSpring Suites Loves Park - Rockford 4101 Galleria Dr., Loves Park 122 Economy 1/14/2025
Hampton Inn & Suites Chicago Medical Dis... 710 S Seeley Avenue, Chicago 135 Up Midscale 11/7/2024
RIU Plaza Chicago 150 East Ontario Street, Chicago 390 Up Upscale 7/17/2024
Residence Inn Chicago Magnificent Mile 101 East Erie Street, Chicago 289 Upscale 5/1/2024
WoodSpring Suites Downers Grove 2751 Ogden Avenue, Downers Grove 122 Economy 1/25/2024
Holiday Inn Express & Suites Chicago - O... 4365 Frontage Road, Oak Forest 90 Up Midscale 10/1/2023
WoodSpring Suites Libertyville 1980 Kelley Court, Libertyville 122 Economy 5/1/2023

Illinois Recent Hotel Sale Transactions

Property Name Address Rooms Scale Sale Date Price Details
Best Western Plus Peoria 300 Eastlight Ct, East Peoria 85 Up Midscale 4/19/2023 ...
Hyatt Place Chicago/Hoffman Estates 2750 Greenspoint Parkway, Hoffman Estates 126 Upscale 5/15/2023 ...
Hyatt Place Chicago/Lombard/Oak Brook 2340 South Fountain Square Drive, Lombard 151 Upscale 5/19/2023 ...
Alo... 500... ... Upscale 7/14/2023 ...
Com... 370... ... Up Midscale 8/30/2023 ...
Chi... 2 P... ... Up Upscale 9/1/2023 ...
Hya... 175... ... Up Upscale 9/1/2023 ...
Cou... 131... ... Upscale 9/13/2023 ...
Res... 161... ... Upscale 9/13/2023 ...
Spr... 155... ... Upscale 9/13/2023 ...



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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