300 S Frontage Rd

• Fee simple interest in the 123-room lender-owned Crowne Plaza Burr Ridge Chicago
• Offered unencumbered by debt and third-party management at a significant discount to replacement cost
• Qualified franchisees can retain the Crowne Plaza franchise through a new long-term relicense agreement with IHG upon completion of the PIP
• Strong operational upside for prospective owners with the hotel under receiver and lender control since 2021
• DuPage County location avoids the substantially higher real estate tax costs of neighboring Chicago Cook County
• Walking distance to the 200,000 square foot Burr Ridge Village Center – a Class A, high-end lifestyle and retail mixed-use development
• Adjacent to and directly visible from the heavily trafficked Interstate 55, with upwards of 150,000 vehicles passing the location daily
• Burr Ridge is just 20 miles from downtown Chicago and proximate to other major business hubs in the western Chicagoland suburbs, such as Oak Brook, Downers Grove, and Naperville
• Chicago’s suburban rental market has skyrocketed, tying with Miami for the top spot on RentCafe’s hottest rental markets list after climbing from 16th place last year
• An $8.5 billion expansion of O'Hare International Airport is currently underway, which will position Chicago as a major international transportation hub and boost economic growth across the region

Property Description