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Clarion Inn & Waterford Banquet / Conference Center

Hospitality | 104 Keys

Listing Contacts

Active

Asking Price:Unpriced

Deal terms are not currently defined. Request your own specific terms when submitting a non-binding offer.

Address 

933 S Riverside Dr, Elmhurst, IL 60126

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Date Added
Mar 8, 2023
Days on Market
741 days
Time Since Last Update
14 days

Details

Property TypeHospitality
SubtypeHotel, Banquet Hall & Conference Center
Square Footage83,916
Occupancy100%
Keys104
Year Built1975
Years Renovated2010,2020
Stories2
ZoningI-1
Lot Size (acres)8.3
Parking (spaces)357
APNAPN-06-14-108-071 , 06-14-108-070

Marketing Description

CALL FOR FINAL OFFERS -Hotel and Banquet can be sold separately.​

Urban Business Brokers has been exclusively retained to offer for sale the fee simple interest in the 104-room Clarion Inn located in Elmhurst, IL (DuPage County).​ This 48916 SQ.​ FT- 2 story hotel was built in the year 1975 and situated on an 8.23 acres lot, the Clarion Inn is an interior corridor property with an onsite bar and restaurant, three meeting rooms totaling 4400 sq ft, indoor heated swimming pool and 357+ parking spaces.​ The Hotel was completely renovated in 2009 and many interior updates were completed in 2019/2020 (List of completed renovations can be provided).​ Conveniently located on a busy IL-83 Kingery Hwy with easy access to I-88, I-294, I-355, I-290, I-90, & I-55 expressways.​ , Clarion Inn is situated in an affluent western suburb of Chicago of Elmhurst, IL (Minutes away from Oak Brook) surrounded by national and local retail centers, shops, restaurants and corporate businesses

Turnkey business, fully equipped with FF&E and well-trained staff.​ Renowned banquet facility & conference center (Built in 2004) with an excellent reputation and a well-established book of business.​ One of the few banquet venues with the ability to host outdoor and indoor events spanning over 32,000 sq ft of combined spaces.​ Comprehensive range of conference rooms that can accommodate up to 1,500 guests.​

Equipped with the latest audio-visual equipment and technology for Weddings, Receptions, Engagement Parties, Corporate Meetings, Concerts, Trade Shows, Association Fundraisers, Trainings and Seminars, Family Reunions, Sport Banquets, Baby Showers, Anniversaries, Graduations parties, Holiday Parties, and many more life events.​

Conveniently located near I-88, I-294, I-355, I-290, I-90, & I-55 and within 30 minutes of all major Chicago landmarks and airports.​ Plenty of parking, valet parking, and easy access to various businesses.​

PLEASE CONTACT BROKER DIRECTLY FOR SUMMARY OF HISTORICAL FINANCIALS.​

ALL BUYERS AND PARTNERS NEED TO SIGN NDA.​

DO NOT CONTACT OR CALL THE HOTEL EMPLOYESS DIRECTLY OR YOU WILL BE EXCLUDED FROM NEGOTIATIONS.​

Investment Highlights

  • Low DuPage County Tax Base

  • Turnkey business, fully equipped with FF&E & Reliable/ Stable Operational Staff in Place

  • Ample Parking and Additional Truck Parking.

  • Ideal Location for Business & Leisure Travelers

  • Repeat bookings from the adjacent banquet hall & conference center

  • Direct access to o Rt. 83, I-88, I-290, I-355

  • Located within 30 minutes of all major Chicago landmarks and airports

  • Abundant labor pool

  • Surrounded by national and local retail centers, shops, restaurants and corporate businesses

  • Ideal Location for Business & Leisure Travelers. Located within 30 minutes of all major Chicago landmarks and airports.

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Listing Contacts


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