Hotels for Sale in Chicago
Hotels, motels and boutique properties for sale across Chicago — from The Loop to River North. Every listing includes pricing, room counts and direct owner or broker contact.
Buying a hotel in Chicago
Chicago is the Midwest's convention and corporate hub, with McCormick Place and O'Hare driving group and business demand.
Suburban and airport-corridor hotels trade at attractive cap rates compared with downtown trophy assets.
Use the filters to narrow by deal type, price and room count, then connect directly with owners and brokers. New Chicagolistings are added regularly — tell us your brief below and we’ll flag matching and off-market opportunities.
Hotels for sale in Chicago
View all Chicago listings →New Chicago hotel listings are added regularly — nothing live in this market right now.
Browse the full marketplace →Buying or selling a hotel in Chicago?
Tell us your brief for Chicago — acquisition criteria or the property you want to sell. We'll come back with matching and off-market opportunities.
- ✓ Off-market and upcoming opportunities
- ✓ Introductions to owners, operators and brokers
- ✓ Free, confidential, no account required
Frequently asked questions
- How much does a hotel cost in Chicago?
- Chicago hotel prices depend on location, size and class. Roadside motels and small independents on the edge of the metro typically trade from several hundred thousand dollars, while full-service and boutique assets in The Loop and River North can reach tens of millions. Each Hotel-Lease listing shows asking price, room count and, where available, cap rate and occupancy.
- Which areas of Chicago have hotels for sale?
- Activity clusters around The Loop, River North, Magnificent Mile, O'Hare, Schaumburg / Rosemont. Suburban and airport-corridor hotels trade at attractive cap rates compared with downtown trophy assets.
- Is Chicago a good market to buy a hotel?
- Chicago is the Midwest's convention and corporate hub, with McCormick Place and O'Hare driving group and business demand. Review the occupancy, ADR and RevPAR data on each listing and run your own due diligence inside the Hotel-Lease deal room before committing.
- How do I buy a hotel in Chicago?
- Send an enquiry on any Chicago listing — no account needed — or use the form on this page to tell us your brief. We'll connect you with the owner or broker and share the offering memorandum. Document exchange and stage tracking happen inside a secure deal room until closing.