HotelHinge · The Hotel Census
Who Owns Sheraton Grand Chicago Riverwalk?
Quick answer: According to the most recent public record, Sheraton Grand Chicago Riverwalk was reported to have been acquired by an entity named MISG Chicago, LLC for $200 million on November 8, 2024, as recorded in the Cook County Assessor (parcel sales).
Sheraton Grand Chicago Riverwalk is a hotel in Chicago, Illinois. A hotel is an operating business wrapped in real estate, so the brand on the sign, the company that manages it, and the party that owns the building are usually three different entities. The owner that matters for a sale, a loan, or an approach is the fee owner recorded in the public record.
Ownership on the public record
The table below is the most recent ownership-changing transaction HotelHinge has on record for this property, with the source it comes from. Each figure is dated; ownership can change as new deeds are recorded.
| Most recent sale on record | November 8, 2024 |
| Sale price | $200 million |
| Buyer (owner of record) | an entity named MISG Chicago, LLC |
| Seller | THR Chicago LAND LLC |
| Record type | County deed / assessor record |
| Source | the Cook County Assessor (parcel sales) |
For property-tax purposes, the county lists an assessed value of about $271.2M for the parcel (assessor record). An assessed value is a tax-roll figure and is not a market appraisal.
About Sheraton Grand Chicago Riverwalk
| Location | 301 E North Water St, Chicago, IL |
| County | Cook County |
| Brand / flag | Sheraton (operated under Marriott International) |
| Rooms | 1,218 |
| Year built | 1991 |
| Status | Operating |
Physical characteristics are compiled from public assessor and other public sources; blanks are left honest ("-") rather than guessed. HotelHinge publishes no ratings, reviews, or photos.
Illinois market context
Sheraton Grand Chicago Riverwalk is one of 605 hotels on record in Illinois, part of ~45,000 U.S. hotels across 51 markets (the 50 states plus the District of Columbia) in HotelHinge's property-first census. Each carries its owner, transaction history, and, where applicable, REIT attribution and CMBS debt, all tied to public sources.
For the full picture of who is buying, selling, and financing hotels in this market, see U.S. hotel statistics and the free HotelHinge Research reports.
Frequently asked questions
Who owns Sheraton Grand Chicago Riverwalk?
The most recent reported transaction shows Sheraton Grand Chicago Riverwalk was acquired by an entity named MISG Chicago, LLC for $200 million on November 8, 2024, as recorded in the Cook County Assessor (parcel sales). That buyer is the reported owner as of that deal. Ownership can change, so HotelHinge always ties the owner to the dated public record or report it comes from.
How much did Sheraton Grand Chicago Riverwalk sell for?
Its most recent reported sale was $200 million, on November 8, 2024, to an entity named MISG Chicago, LLC, as recorded in the Cook County Assessor (parcel sales).
Is hotel ownership public record?
Yes. The transfer of real estate is recorded at the county recorder or register of deeds, the tax assessment is public at the county assessor, and the owning company is registered with the secretary of state. The legal owner of a hotel is therefore public, though the individuals behind a holding company are not always disclosed.
Can I cite this ownership information for Sheraton Grand Chicago Riverwalk?
Yes. This page is free to cite. Please attribute it to HotelHinge (The Hotel Census) and link to the original page. Each fact is dated and linked to its public source.
Disclaimer, sourcing, and citation
About this page. HotelHinge is a U.S. hotel property and ownership research service operated by TrueNote, LLC, a Delaware limited liability company doing business as HotelHinge. This page is published for general informational purposes only and is not legal, tax, or investment advice.
How we know, and whose data it is. The ownership and transaction facts on this page are drawn from public records (county and municipal deed and assessor filings) or from named trade-press reporting, each linked above to its source. HotelHinge is a proprietary compilation: the underlying facts are public, and the original selection, matching, and arrangement into a property-level record are our own work. Ownership can change, and the public record accrues on a lag; treat each fact as of the date shown.
What we do not publish. HotelHinge shows no ratings, reviews, or photos, and publishes no RevPAR, ADR, occupancy, or cap-rate figures of its own. The named owner is the party recorded or reported for the transaction shown; it is not necessarily the operator or the brand, which are usually separate parties.
No warranty; no liability. This page is provided "as is," without any warranty of accuracy, completeness, or timeliness. To the fullest extent permitted by law, HotelHinge and TrueNote, LLC disclaim all liability for any loss or decision made in reliance on it.
Citation. You are welcome to cite this page. Please attribute it to HotelHinge (The Hotel Census) and link to the original. If you believe something here is inaccurate, email info@hotelhinge.com and we will review the record.