Quality Inn | Bolingbrook, IL
175 Remington Blvd ,
Bolingbrook, IL 60440
 
63
Total Rooms
$423,793
NOI
4.50
RRM
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63
Total Rooms
$423,793
NOI
4.50
RRM
Location & Connectivity
The property is situated at 175 Remington Boulevard in the Village of Bolingbrook, Illinois, positioned immediately adjacent to the interchange of Interstate 55 (Stevenson Expressway) and Interstate 355 (Veterans Memorial Tollway). This affords direct freeway access northeast toward Chicago’s downtown core and O’Hare Airport, and southwest into Will County’s distribution-logistics corridor.
The immediate trade area is vehicle-driven; surface parking and easy ingress/egress are strengths for corporate transient, extended-stay and event-driven lodging demand.
Within a 30-minute drive of downtown Chicago, the site combines the proximity advantage of a major metro with the lower land-cost, suburban amenity profile typical of mature infill suburbs.
The Remington Blvd / I-55 / I-355 corridor is already established as a commercial and business park node, offering the hotel connection to both local and regional demand flows.
Market Demographics & Economic Base
The Village of Bolingbrook has an estimated population of approximately 73,800 residents, with a median age of about 37.4 years and a median household income of roughly $107,500 — reflecting a high-income suburban base with above-average purchasing power.
Household size averages circa 3.1 persons and the community features an established residential foundation, given the slower population growth rate (~0.6% since 2010) in a mature suburb.
Home values and rent levels in the local trade area have been trending upward, underscoring an underlying strength in the local economy and housing market, which supports room rate resilience and ancillary spending capacity.
Major Employers & Corporate Lodging Demand
Bolingbrook hosts a number of large employers and corporate headquarters that drive sustained mid-week lodging activity. The village’s published Top Employers list includes major firms in manufacturing, logistics/distribution and healthcare.
Several major distribution, fulfilment and logistics operations are located along the I-55/I-355 corridor in Bolingbrook — generating contractor stays, extended-stay lodging and overflow demands from 24/7 operations.
In healthcare, education and corporate headquarters space, the presence of institutions employing thousands translates into predictable room night demand for training, visiting professionals, families and corporate executives.
For hotel operators and investors, this creates a diversified business travel base — reducing reliance on single industry cycles and providing a stable occupancy foundation.
Retail/Entertainment & Destination Appeal
The nearby The Promenade Bolingbrook, a 778,000-square-foot open-air lifestyle destination, is undergoing a transformation to integrate new experiential retail, dining and entertainment offerings — enhancing the region’s leisure appeal and lodging conversion potential.
Additional local amenities such as golf, aquatic centres, sports arenas and suburban retail-entertainment clusters contribute to the weekend and event stay demand — creating a complementary leasure component to the business travel base.
The mixture of corporate demand and leisure/visit-market demand supports balanced hotel performance curves, allowing for mid-week and weekend occupancy support as well as ancillary F&B, meeting and event revenue streams.
Supply & Growth Outlook
The hotel resides in a mature suburban submarket where land parcel availability, zoning constraints and infrastructure costs limit the development of new full-service hotel inventory — suggesting a relatively favourable supply-side dynamic.
The municipality’s planning and zoning framework is supportive of commercial and hospitality uses in this corridor, enabling repositioning, brand conversion or ancillary amenity expansion strategies.
Continued industrial, office and retail investment in the I-55/I-355 corridor, along with high-income residential stability, points toward moderate but consistent growth in room night demand and rate upside.
Investment Rationale
A hotel investment in this location combines three critical attributes: strong accessibility, a diversified demand base (corporate + leisure), and favourable supply conditions.
The relatively affluent residential trade area and strong employment base support rate premium opportunities and enhance the potential for revenue per available room (RevPAR) improvement.
The dual-axis of business travel and leisure/visitation demand positions the property to perform well through economic cycles, reducing the volatility often inherent in purely leisure-oriented locations.
The limited pipeline of competitive hotels in the immediate corridor provides an advantage for a well-positioned, branded operator willing to execute on asset management and revenue optimization.
Central Regional Positioning
Bolingbrook, Illinois, is a dynamic southwest suburb of Chicago strategically located along the I-55 corridor between Chicago and Joliet. The city’s prime positioning provides direct access to the greater Chicagoland area and serves as a key link between urban, industrial, and distribution centers across the Midwest. Bolingbrook’s strong commercial base and growing residential community make it an established regional hub for business and leisure travel alike.
Academic & Research Anchor
The surrounding region benefits from proximity to several higher education institutions, including Lewis University, Benedictine University, and Joliet Junior College. These institutions generate consistent visitation from students, faculty, researchers, and families, as well as training-related corporate demand from nearby business parks.
Military Presence & Economic Stability
While not directly adjacent to a major military installation, Bolingbrook benefits from the broader Chicagoland economy, which includes employment and contracting activity tied to military and defense sectors across the region. Combined with a strong local base of logistics, healthcare, and manufacturing employers, this contributes to a resilient and diversified economic environment.
Expanding Corporate & Industrial Base
Bolingbrook is home to one of the largest concentrations of logistics and industrial operations in the Chicago suburbs. Major employers include Amazon, IKEA Distribution, Ultra Beauty Headquarters, WeatherTech, and G&W Electric. The area’s thriving business parks and proximity to I-55, I-355, and I-80 generate steady weekday lodging demand from business travelers, logistics staff, and visiting corporate teams.
Healthcare & Community Growth
The hotel is located near AdventHealth Bolingbrook Hospital, a key regional healthcare provider that drives consistent lodging demand from patients, families, and medical professionals. Bolingbrook’s expanding residential base and commitment to community amenities—such as parks, golf courses, and family recreation—further support year-round visitation and local event activity.
Strong Connectivity & Accessibility
The property offers excellent accessibility via I-55 and I-355, providing direct connections to downtown Chicago, O’Hare International Airport, and Midway International Airport. Its location on Remington Boulevard ensures convenient access to nearby business parks, shopping districts, and dining options. This strong transportation network makes Bolingbrook an ideal destination for both regional and national travelers.
FOR MORE DETAILS CONTACT
Dharam Chaudhari
Principle
(913) 906-8600
dharam@reco.realestate
Nihar Patel
Hospitality Investments Advisors
(913) 404-8410
Nihar@Reco.RealEstate
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