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Council approves redevelopment agreement to convert McBride Building into 26-room boutique hotel

Elgin City Council (Committee of the Whole) · November 20, 2025
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Summary

Council voted unanimously to approve a redevelopment agreement with Chicago Realty Ventures to convert upper floors of the McBride Building into a 26-room boutique hotel (Elgin House), with first-year room rates projected around $132 and total redevelopment costs about $4.3 million.

The council approved a redevelopment agreement on Nov. 19 to convert the top two floors of the McBride Building (5363 Douglas Avenue) into a 26-room boutique hotel, to be marketed as the Elgin House. The project is being developed by Chicago Realty Ventures Inc.; Eamon Moran, the developer, was present to answer council questions.

City staff…

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