SCHAUMBURG, IL–RT Schaumburg has sold the Homewood Suites here to AAA Hospitality, LLC for $5 million.
Real estate brokerage firm Sperry Van Ness represented the seller in the transaction. The Homewood Suites Schaumburg was built in 1990 and renovated in 2006. AAA Hospitality plans to invest an additional $1.5 in upgrades to the hotel. The 108-room property is located 30 miles from downtown Chicago and less than 15 miles from OHare International Airport.