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Plans to convert an historic downtown building into a 26-room, $4.3 million boutique hotel will be partially funded with Elgin TIF funds.
The Elgin House would include a small café on the ground floor at its 53-63 Douglas Ave. location, according to plans submitted by Chicago Realty Ventures Inc., which purchased the McBride Building in October 2024 from Cuming Holdings. The company is working with Atira Hotels, which will be a co-owner, to transform the top two floors into hotel rooms, City Manager Rick Kozal told the Elgin City Council last week.
Construction is expected to take about 14 months.
Atira operates 21 hotels in 12 states, including the award-winning, independent boutique hotel Lodge on the Desert in Tucson, Arizona.
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