-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 ASDcvvAJTAAx9ZtE7YpoRf5oO9c7uay5GRaaIyEHuVHU7sd2Alx2l3MSstsswPhR
 PjF7eXcq9GsOXypiFnitUQ==

<SEC-DOCUMENT>0000897069-09-000142.txt : 20090130
<SEC-HEADER>0000897069-09-000142.hdr.sgml : 20090130
<ACCEPTANCE-DATETIME>20090130110828
ACCESSION NUMBER:		0000897069-09-000142
CONFORMED SUBMISSION TYPE:	D
PUBLIC DOCUMENT COUNT:		1
ITEM INFORMATION:		Rule 506
FILED AS OF DATE:		20090130
DATE AS OF CHANGE:		20090130
EFFECTIVENESS DATE:		20090130

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Midwest Lodging Investors XV, LLC
		CENTRAL INDEX KEY:			0001453281
		IRS NUMBER:				391909856
		STATE OF INCORPORATION:			WI
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		D
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	021-126404
		FILM NUMBER:		09556564

	BUSINESS ADDRESS:	
		STREET 1:		1600 ASPEN COMMONS
		STREET 2:		SUITE 200
		CITY:			MIDDLETON
		STATE:			WI
		ZIP:			53562
		BUSINESS PHONE:		(608) 836-6060

	MAIL ADDRESS:	
		STREET 1:		1600 ASPEN COMMONS
		STREET 2:		SUITE 200
		CITY:			MIDDLETON
		STATE:			WI
		ZIP:			53562
</SEC-HEADER>
<DOCUMENT>
<TYPE>D
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<edgarSubmission>

    <schemaVersion>X0201</schemaVersion>

    <submissionType>D</submissionType>

    <testOrLive>LIVE</testOrLive>

    <primaryIssuer>
        <cik>0001453281</cik>
        <entityName>Midwest Lodging Investors XV, LLC</entityName>
        <issuerAddress>
            <street1>1600 ASPEN COMMONS</street1>
            <street2>SUITE 200</street2>
            <city>MIDDLETON</city>
            <stateOrCountry>WI</stateOrCountry>
            <zipCode>53562</zipCode>
        </issuerAddress>
        <issuerPhoneNumber>(608) 836-6060</issuerPhoneNumber>
        <issuerPreviousNameList>
            <value>None</value>
        </issuerPreviousNameList>
        <jurisdictionOfInc>WI</jurisdictionOfInc>
        <entityType>Limited Liability Company</entityType>
        <yearOfInc>
            <overFiveYears>true</overFiveYears>
        </yearOfInc>
    </primaryIssuer>

    <relatedPersonsList>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Managing Member</firstName>
                <middleName></middleName>
                <lastName>David A. Lenz Investments, LLC</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>1600 Aspen Commons</street1>
                <street2>Suite 200</street2>
                <city>Middleton</city>
                <stateOrCountry>WI</stateOrCountry>
                <zipCode>53562</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification>Managing Member</relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>David</firstName>
                <middleName>A.</middleName>
                <lastName>Lenz</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>1600 Aspen Commons</street1>
                <street2>Suite 200</street2>
                <city>Middleton</city>
                <stateOrCountry>WI</stateOrCountry>
                <zipCode>53562</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification>Member of a Managing Member</relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Managing Member</firstName>
                <middleName></middleName>
                <lastName>C.J. Raymond Investments, L.L.C.</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>8333 Greenway Boulevard</street1>
                <street2>Suite 2000</street2>
                <city>Middleton</city>
                <stateOrCountry>WI</stateOrCountry>
                <zipCode>53562</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification>Managing Member</relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Charles</firstName>
                <middleName>Jeffrey</middleName>
                <lastName>Raymond</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>8333 Greenway Boulevard</street1>
                <street2>Suite 2000</street2>
                <city>Middleton</city>
                <stateOrCountry>WI</stateOrCountry>
                <zipCode>53562</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification>Member of a Managing Member</relationshipClarification>
        </relatedPersonInfo>
    </relatedPersonsList>

    <offeringData>
        <industryGroup>
            <industryGroupType>Commercial</industryGroupType>
        </industryGroup>
        <issuerSize>
            <revenueRange>Decline to Disclose</revenueRange>
        </issuerSize>
        <federalExemptionsExclusions>
            <item>06</item>
        </federalExemptionsExclusions>
        <typeOfFiling>
            <newOrAmendment>
                <isAmendment>false</isAmendment>
            </newOrAmendment>
            <dateOfFirstSale>
                <value>2009-01-30</value>
            </dateOfFirstSale>
        </typeOfFiling>
        <durationOfOffering>
            <moreThanOneYear>false</moreThanOneYear>
        </durationOfOffering>
        <typesOfSecuritiesOffered>
            <isEquityType>true</isEquityType>
        </typesOfSecuritiesOffered>
        <businessCombinationTransaction>
            <isBusinessCombinationTransaction>true</isBusinessCombinationTransaction>
            <clarificationOfResponse>$5,000 for new investors and entire amount of current investment for existing investors.</clarificationOfResponse>
        </businessCombinationTransaction>
        <minimumInvestmentAccepted>5000</minimumInvestmentAccepted>
        <salesCompensationList></salesCompensationList>
        <offeringSalesAmounts>
            <totalOfferingAmount>2954069</totalOfferingAmount>
            <totalAmountSold>2954069</totalAmountSold>
            <totalRemaining>0</totalRemaining>
            <clarificationOfResponse></clarificationOfResponse>
        </offeringSalesAmounts>
        <investors>
            <hasNonAccreditedInvestors>false</hasNonAccreditedInvestors>
            <totalNumberAlreadyInvested>23</totalNumberAlreadyInvested>
        </investors>
        <salesCommissionsFindersFees>
            <salesCommissions>
                <dollarAmount>0</dollarAmount>
            </salesCommissions>
            <findersFees>
                <dollarAmount>0</dollarAmount>
            </findersFees>
            <clarificationOfResponse></clarificationOfResponse>
        </salesCommissionsFindersFees>
        <useOfProceeds>
            <grossProceedsUsed>
                <dollarAmount>0</dollarAmount>
            </grossProceedsUsed>
            <clarificationOfResponse></clarificationOfResponse>
        </useOfProceeds>
        <signatureBlock>
            <authorizedRepresentative>false</authorizedRepresentative>
            <signature>
                <issuerName>Midwest Lodging Investors XV, LLC</issuerName>
                <signatureName>David A. Lenz</signatureName>
                <nameOfSigner>David A. Lenz</nameOfSigner>
                <signatureTitle>Member of David A. Lenz Investments, LLC, a Managing Member</signatureTitle>
                <signatureDate>2009-01-30</signatureDate>
            </signature>
        </signatureBlock>
    </offeringData>
</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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