Comfort Inn | Harvey/Homewood (Chicago Suburbs)
Just Renovated/Converted | 76 Keys
Marketing description
CBRE Hotels is pleased to be the exclusive agent for the sale of the fee-simple interest in the 76-room Comfort Inn in Harvey, IL. The hotel is conveniently located at the Illinois Route 1/Halsted St Exit off Interstates 294/80. Illinois Route 1/Halsted St has an Average Daily Traffic Count (ADTC) of 35,000), while Interstates 294 & 80 average 174,000, providing excellent regional connectivity to downtown Chicago. The hotel benefits from its proximity to key demand generators, including the Wind Creek Casino. Less than one mile from the hotel, the Wind Creek Casino is a $500M+ development (70,000-sqaure-foot casino) that opened in November 2024. Less than ten miles away is the Tinley Park Convention Center and Credit Union 1 Amphitheater (formerly known as the Hollywood Casino Amphitheatre). They City of Harvey has a population exceeding 20,000 and lies within the Chicago MSA which boasts a population of nearly 10 million people and is the third-largest MSA in the country. The property is less than 20 miles from Chicago Midway International Airport, less than 28 miles from downtown Chicago, and less than 7 miles from the Illinois/Indiana border.
Investment highlights
- 76 rooms, 3 stories, built in 1998
- Newly renovated & rebranded in 2026 to Comfort Inn!
- Most recently renovated rooms in the competitive set
- Rebranding PIP Complete! Ideal turnkey acquisition
- Rebranding from an independent/underperforming asset in its current competitive set to Choice Hotels’ Comfort Inn unlocks loyalty traffic and brand recognition that will help drive both ADR and Occupancy
- Opportunity for Growth -Post Renovation & Rebranding
- 30.6% Occupancy at $72.99 ADR (40.7% RevPAR Index to Competitive Set) – February 2026 T12 (operating as an unflagged independent hotel)
- Converting to a Comfort Inn supports strong RevPAR trajectory beginning in 2026 as the asset ramps up and stabilizes
- Excellent Location off Interstate 294 & 80
- Less than 1 miles from the Wind Creek Chicago Southland Casino & Resort –attracts more than 2 million annual visitors and ranks #2 in Illinois casino revenue, generating $186 million (Nov 2024-Oct 2025)
- Less than 10 miles from the Tinley Park Convention Center and Credit Union 1 Amphitheater, 20 miles from Chicago Midway International Airport, and less than 28 miles from Downtown Chicago
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