If you're coming from more than a few hours away and would prefer to spend the night, here is a list of nearby hotels:

3-5 minutes 
Residence Inn by Marriott
101 Erwin Road
Chapel Hill
TEL: 919-933-4848

5-7 minutes
Sheraton Chapel Hill
One Europa Drive
Chapel Hill
TEL: 919-968-4900

5-10 minutes
Tru by Hilton
1742 Fordham BLVD
Chapel Hill
TEL: 984-291-7200

10-15 minutes
Red Roof Inn
5623 Durham-Chapel Hill BLVD
Durham
TEL: 877-843-7663