An iconic hotel located at 111 West Huron Street in Chicago has been sold for a whopping $29,000,000. The property, which consists of 228 keys, was acquired by Monarch Alternative Capital, represented by Michael Weinstock. This hotel is a prime asset in the Chicago market.

Summary of transaction details:

• Property Type: Hotel
• Transaction Amount: $29,000,000
• Address: 111 West Huron Street, Chicago
• Market: Chicago
• Buyer: Monarch Alternative Capital - Michael Weinstock
• Keys: 228
• Price Per Key: $127,193

The sale of this hotel marks a significant deal in the Chicago market. Monarch Alternative Capital, represented by Michael Weinstock, made a strategic move to acquire this iconic property at 111 West Huron Street. With 228 keys, it offers ample accommodation for guests. The transaction price of $29,000,000 reflects the value of this prime asset in the hotel market in Chicago.