Marcus & Millichap Inc.
10/06/2025 | Press release | Distributed by Public on 10/06/2025 13:59
Marcus & Millichap Arranges Sale of Four Points by Sheraton Chicago O’Haire Airport
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Marcus & Millichap Arranges Sale of Four Points by Sheraton Chicago O'Haire Airport
October 06, 2025
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CHICAGO, Oct. 6, 2025 - Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of the Four Points by Sheraton Chicago O'Hare Airport hotel property in Schiller Park, Illinois.
"This asset's proximity to O'Hare International Airport made it a highly attractive opportunity for investors seeking long-term value," said Ebrahim Valliani, managing director investments. "With plans for an interior renovation in the coming months, the property is well-positioned to capitalize on the continued strength and growth of the O'Hare hotel market."
Valliani, investment specialist in Marcus & Millichap's Chicago Oak Brook office, marketed the property on behalf of the seller and procured the buyer, both private investors. The transaction received additional support from Allan Miller and Chris Gomes of the Miller-Gomes Hotel Team.
Located at 10249 W. Irving Park Road, the seven-story, 295-room hotel is a Marriott International-branded Four Points by Sheraton. The property is adjacent to Chicago O'Hare International Airport, just off Interstate 294. On-site amenities include an indoor pool, fitness center, restaurant, meeting space and convenience store. Nearby attractions include Rivers Casino, the Donald E. Stephens Convention Center, the Allstate Arena and Schiller Woods, with downtown Chicago a short drive away.
"This asset's proximity to O'Hare International Airport made it a highly attractive opportunity for investors seeking long-term value," said Ebrahim Valliani, managing director investments. "With plans for an interior renovation in the coming months, the property is well-positioned to capitalize on the continued strength and growth of the O'Hare hotel market."
Valliani, investment specialist in Marcus & Millichap's Chicago Oak Brook office, marketed the property on behalf of the seller and procured the buyer, both private investors. The transaction received additional support from Allan Miller and Chris Gomes of the Miller-Gomes Hotel Team.
Located at 10249 W. Irving Park Road, the seven-story, 295-room hotel is a Marriott International-branded Four Points by Sheraton. The property is adjacent to Chicago O'Hare International Airport, just off Interstate 294. On-site amenities include an indoor pool, fitness center, restaurant, meeting space and convenience store. Nearby attractions include Rivers Casino, the Donald E. Stephens Convention Center, the Allstate Arena and Schiller Woods, with downtown Chicago a short drive away.
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About Marcus & Millichap, Inc. (NYSE: MMI)
Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. As of December 31, 2024, the company had 1,712 investment sales and financing professionals in over 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The company also offers market research, consulting and advisory services to clients. Marcus & Millichap closed 7,836 transactions in 2024, with a sales volume of approximately $49.6 billion. For additional information, please visit https://www.MarcusMillichap.com.
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