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3
€ 350,000,000

870 room luxury Hotel for sale in Chicago, United States

1 m² 870 870

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Description

REF. NW.25 - TROPHY ASSET OFF MARKET - USA - ILLINOIS - CHICAGO - 4 * LUXURY - DOWNTOWN HOTEL. WE OFFER FOR SALE, WITH LEGITIMATE ASSIGNMENT, HISTORIC AND ICONIC HOTEL LOCATED ALONG THE MAGNIFICENT MILE OF MICHIGAN AVENUE, 4 * LUXURY, WITH 870 ROOMS. FOR 100 YEARS IT HAS BEEN A LEGEND FOR CHICAGO, AN OPULENT BUILDING THAT KEEPS THE GREATNESS OF THE TWENTIES INTACT WITH A HISTORIC DESIGN BEHIND EVERY CORNER. STYLE BUT REFINED ROOMS, RENOWNED RESTAURANTS AND BARS, WINE SHOP, OLYMPIC POOL, FULL SPA WITH WELLNESS CENTER AND GREAT FITNESS CENTER, BUSINESS CENTER AND NUMEROUS MEETING SPACES EXCELLENT CHOICE FOR CHICAGO ALONG THE MOST FAMOUS OF SHOPPING STREETS. THE PROPOSED ASSET HAS JUST SUBJECTED A PRICE LOWER OF 14%, DOWN FROM € 410,000,000 TO € 350,000,000. IN VIRTUE OF THE STRONG REDUCTION THE PRICE IS NO LONGER NEGOTIABLE. *** BUYER COMMISSIONS FOR DOMUS ITALIA PRESTIGE 4.5% OF THE FINAL SALE PRICE info@domusitaliaprestige.com www.domusitaliaprestige.com The description in the announcement is deliberately concise, it is an OFF-MARKET asset and, as such , access to asset-specific confidential information is subject to the submission of an NCNDA. For the same reason, the photos accompanying the announcement are not related to the asset offered for sale. On our website, in the "documents" section, you can consult the documentation required to receive detailed confidential information and the name of the proposed hotel. On our website you will also find many other assets for sale, about 130 visible in the “Hotel for Sale” section and over 400 additional assets reserved and available on request. And if you don't find what you are looking for in our offers, don't hesitate to ask, we are Property Finders and we can find any property anywhere in the world. info@domusitaliaprestige.com www.domusitaliaprestige.com

500

Details

Rooms
870
Bedrooms
870
Bathrooms
870
External size
1 m²
Size
1 m²
Floor Count
1
Published on
16 January 2021
Reference
REF. NW.25
Status
Excellent

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