Marcus & Millichap Brokers Sale of 107-Room Hotel in Elgin

Reuters
2026.01.15 23:14
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Marcus & Millichap Inc. has brokered the sale of a 107-room hotel in Elgin, Illinois, located at 405 Airport Road. The hotel, which was extensively renovated and reopened in December 2025, will rebrand as City Express by Marriott in 2026. The transaction was led by Ebrahim Valliani, with support from Michael Klar, Allan Miller, and Chris Gomes. The property includes amenities like an indoor pool and fitness center, and is near local attractions such as Judson University and the Grand Victoria Casino.