Extended Stay Report · 2026Q3 · CBSA 16980

Chicago-Naperville-Elgin, IL-IN

9,408,576 residents across 13 counties. Supply as mapped 2 days ago; employment for 2025Q4.

The gap, stated plainly

Chicago-Naperville-Elgin has about 8,933 extended-stay rooms. The construction workforce already on the ground implies demand for roughly 13,526.

Existing rooms

8,933

Baseline need

13,526

Project-driven need

Gap

+4,593

Arithmetic: 169,078 construction jobs × 8% assumed non-local = 13,526 rooms. The non-local share is an assumption and is the single biggest lever here — halve it and the gap moves more than any other input.

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Supply by brand, the demand trend, the labour market, the announced project pipeline, the lodging sponsors already raising in this metro, the operator commentary, and the full methodology with its counter-arguments.

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Generated 2026-08-28. RealInsightHQ builds market intelligence from public data. Nothing here is investment advice, and nothing here is an offer to sell or a solicitation of an offer to buy any security.