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 31053 South 88th Avenue, Peotone 72 Up Midscale In Const.
The Duke of Wells Hotel 1528 N. Wells Street, Chicago 203 Up Upscale In Const.
Hotel Royer Urbana, Tapestry Collection 210 S Race St, Urbana 131 Upscale In Const.
Tow... 128... ... Up Midscale In Const.
Hol... 234... ... TBD In Const.
Tow... 100... ... Up Midscale In Const.
Lak... 193... ... Upscale Final Plan
Hom... 170... ... Up Midscale TBD
Bar... 250... ... TBD TBD

Illinois Recent Hotel Openings

Property Name Address Rooms Scale Opening Date Details
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
The Chez Hotel Arlington Heights 519 Algonquin Road, Arlington Heights 62 Upscale 3/5/2024
WoodSpring Suites Downers Grove 2751 Ogden Avenue, Downers Grove 122 Economy 1/25/2024
Hampton Inn Orland Park 16176 LaGrange Road, Orland Park 158 Up Midscale 11/16/2023
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
La Quinta Inn & Suites Rosemont/O'Hare 6810 N. Mannheim Road, Rosemont 260 Midscale 2/1/2023
Aloft Chicago Schaumburg 3407 Algonquin Road, Rolling Meadows 119 Upscale 1/1/2023

Illinois Recent Hotel Sale Transactions

Property Name Address Rooms Scale Sale Date Price Details
Holiday Inn Aurora North- Naperville 2424 W. Sullivan Road, Aurora 82 Up Midscale 12/15/2022 ...
Hotel Felix Chicago 111 W. Huron, Chicago 228 Upscale 12/20/2022 ...
Hilton Rosemont / Chicago O'Hare 5550 N. River Road, Rosemont 300 Up Upscale 12/21/2022 ...
Fai... 182... ... Up Midscale 12/23/2022 ...
Fai... 209... ... Up Midscale 12/23/2022 ...
Son... 217... ... Upscale 2/14/2023 ...
Tra... 65 ... ... Economy 2/15/2023 ...
Bes... 173... ... Midscale 3/30/2023 ...
Bes... 300... ... Up Midscale 4/19/2023 ...
Hya... 275... ... Upscale 5/15/2023 ...



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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