Press Releases
Marcus & Millichap Brokers Sale Holiday Inn Express Near O’Hare International Airport
February 26, 2026
ARLINGTON HEIGHTS, Ill., Feb. 26, 2026 – 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 a 111-room Holiday Inn Express hotel property in Arlington Heights, Illinois.
“The buyer group are seasoned hoteliers, and this marks the third Holiday Inn Express we’ve sold to them,” said Ebrahim Valliani, managing director investments. “Their experience and operational strength gave the seller confidence in a smooth and certain closing. The property is slated for comprehensive interior renovations in the coming months, which will transform the guest rooms and common areas and further enhance its competitive position in the O’Hare submarket.”
Valliani and Michael Klar, investment specialists in Marcus & Millichap’s Chicago Oak Brook office, had the exclusive listing to market the property on behalf of the seller and procured the buyer, both private investor groups. The transaction received additional support from Allan Miller and Chris Gomes of the Miller-Gomes Hotel Team.
The Holiday Inn Express is situated on 1.17 acres at 2111 S. Arlington Heights Road. The six-story hotel is located approximately 10 miles from O’Hare International Airport and benefits from strong corporate, medical and leisure demand drivers in the northwest suburban Chicago market. The hotel features amenities such as a meeting room, fitness center, breakfast area and airport shuttle.
“The buyer group are seasoned hoteliers, and this marks the third Holiday Inn Express we’ve sold to them,” said Ebrahim Valliani, managing director investments. “Their experience and operational strength gave the seller confidence in a smooth and certain closing. The property is slated for comprehensive interior renovations in the coming months, which will transform the guest rooms and common areas and further enhance its competitive position in the O’Hare submarket.”
Valliani and Michael Klar, investment specialists in Marcus & Millichap’s Chicago Oak Brook office, had the exclusive listing to market the property on behalf of the seller and procured the buyer, both private investor groups. The transaction received additional support from Allan Miller and Chris Gomes of the Miller-Gomes Hotel Team.
The Holiday Inn Express is situated on 1.17 acres at 2111 S. Arlington Heights Road. The six-story hotel is located approximately 10 miles from O’Hare International Airport and benefits from strong corporate, medical and leisure demand drivers in the northwest suburban Chicago market. The hotel features amenities such as a meeting room, fitness center, breakfast area and airport shuttle.
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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, 2025, the company had 1,808 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 8,818 transactions in 2025, with a sales volume of approximately $50.9 billion. For additional information, please visit www.MarcusMillichap.com.
