Hotel Transaction Illinois

MCR Acquires Three Hilton-branded Hotels in Champaign, Illinois

Hilton Garden Inn Champaign/Urbana - Exterior
Hilton Garden Inn Champaign/Urbana

MCR Development

MCR has acquired three Hilton-branded hotels in Champaign, Illinois. The hotels are  a Home2 Suites by Hilton, a Hilton Garden Inn and a Homewood Suites by Hilton located steps from the 44,000-student University of Illinois campus and the newly renovated State Farm Center arena, home of the Fighting Illini Women’s and Men’s Basketball teams.

“These three well-located Hilton-branded properties are positioned to benefit significantly from the University of Illinois’ continued growth and are expected to produce attractive returns for our investors,” says Tyler Morse, Chief Executive Officer and Managing Partner of MCR. “The acquisition continues our investment strategy of purchasing premium-branded select service and extended stay hotels with operations upside.”

The Home2 Suites by Hilton Champaign/Urbana, which opened in 2016, is located at 2013 South Neil Street and features:

  • 104 pet-friendly suites with fully-equipped kitchens and flexible furniture
  • Free Wi-Fi
  • Free breakfast at the Inspired Table restaurant
  • Self-service laundry facilities
  • A fully-equipped fitness center with an indoor pool
  • A 24-hour convenience store
  • An outdoor area with seating, cooking grills and a fire pit
  • Meeting space that can accommodate 50 people
  • A 24-hour business center
  • Free scheduled shuttle service to the University of Illinois Willard Airport

The Hilton Garden Inn Champaign/Urbana is located at 1500 South Neil Street and features:

  • 99 spacious rooms with microwaves and refrigerators
  • Free Wi-Fi
  • The Garden Grille and Bar, which offers room service, and the Pavilion Lounge cocktail bar
  • A fully-equipped fitness center with an indoor pool and a hot tub
  • A 24-hour Pavilion Pantry convenience store
  • 18,000 square feet of flexible event space that can accommodate 1,000 people
  • Free shuttle service to the University of Illinois Willard Airport

Homewood Suites by Hilton Champaign/Urbana is located at 1417 South Neil Street and features:

  • 98 suites with fully-equipped kitchens
  • Free Wi-Fi
  • Free breakfast every morning and complimentary evening social Monday through Thursday
  • A fully-equipped fitness center with an indoor pool, basketball court and tennis court
  • A 24-hour convenience store and complimentary grocery shopping service
  • An outdoor area with seating, cooking grills and a fire pit
  • On-site laundry facilities
  • Meeting space that can accommodate 50 people
  • A 24-hour business center
  • Free shuttle service to the University of Illinois Willard Airport



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