Institutional Seller | Fairfield Inn Joliet South

Description:

Investment Highlights


Chicagoland's Active Logistics and Industrial Corridor: Adjacent to Amazon and IKEA fulfillment centers, ExxonMobil refinery operations, and the largest inland port in the U.S.
64-Room Fairfield Inn, Fee Simple, Clear of Management: Institutionally owned asset offered unencumbered, giving a new owner immediate full operational control at close.
Brand Optionality — Reposition or Retain Marriott Flag: New owner may pursue an alternative brand strategy, creating a repositioning opportunity within the Joliet submarket.
Casino and Raceway Demand Drive Leisure Room Nights: Hollywood Casino, Harrah's Joliet, Chicagoland Speedway, and Route 66 Raceway generate consistent, year-round leisure visitation.
Middle-Tier RevPAR with Operational Upside Identified: Current comp set positioning signals top and bottom-line opportunity through hands-on revenue management and cost control.
270M-Member Marriott Bonvoy Loyalty Network: Fairfield affiliation drives consistent booking demand and broad marketing reach through Marriott's global platform.

 

Offering Summary

RealINSIGHT Marketplace, in partnership with HREC Investment Advisors, is pleased to present 1501 Riverboat Center Dr, Joliet, IL — a 64-room Fairfield Inn offered fee simple and free and clear of management. The Property is institutionally owned and managed, well-maintained with recent renovations completed, and sits directly off I-80 in one of Chicagoland's largest southwest suburbs. A new owner may elect to pursue an alternative branding strategy, unlocking a repositioning opportunity not commonly available in branded limited-service transactions.

The Hotel benefits from one of the most logistics-dense demand bases in the Midwest, with Amazon and IKEA fulfillment centers, ExxonMobil refinery operations, and the largest inland port in the United States all in close proximity. Leisure demand is anchored by Hollywood Casino, Harrah's Joliet, Chicagoland Speedway, and Route 66 Raceway, which collectively drive nationally recognized events throughout the year. Healthcare demand from Silver Cross Hospital and Ascension Saint Joseph Medical Center provides stable year-round visitation. With no near-term competitive supply pressure and a well-established demand base, the asset presents a compelling opportunity for an operationally focused buyer to capture meaningful performance upside in a fundamentally strong submarket.

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