Chicago, IL Hospitality Properties for Sale

List

Map

Cicero, IL Oak Park, IL Stickney, IL

9 results

Sort:

$2,450,000

12,000 SF

Chicago Motel Near Cottage Grove

9112 S Cottage Grove Avenue, Chicago, IL 60619

37-room motel in Greater Grand Crossing community for sale.

Zoned B3‑2 Commercial: Offers flexibility for repositioning or redevelopment.
Revitalization Area: Benefits from ongoing South Side revitalization, near the Obama Presidential Library site.
Grant Opportunities: Qualifies for City of Chicago and local grant initiatives.
Convenient Transportation: Proximity to the Dan Ryan Expressway, Metra Electric Line (91st St. station), and CTA bus routes.
High Traffic Area: Located near the Cottage Grove commercial corridor.

Updated: Feb 20

View details

$2,300,000

18,000 SF

Chicago Motel with Restaurant Building

7621 S Cottage Grove Avenue, Chicago, IL 60619

34-room motel with separate restaurant in Chatham neighborhood.

Significant value‑add opportunity with the non‑franchise motel license.
Eligible for substantial City of Chicago grants and TIF funding for facade improvements and full building renovation.
Located within the Greater Chatham Initiative - 87th Street Corridor Improvement Zone.
Strategic location in the well‑established Chatham neighborhood with strong traffic counts and walking distance to retail, services, and neighborhood amenities.
Proximity to major transportation and key attractions.

Updated: Jan 16

View details

$3,500,000

20,200 SF

Chicago Motel Near Obama Library

53-room motel in Chicago's Woodlawn neighborhood, near Hyde Park.

6535 S King Drive, Chicago, IL 60637

View details

Wrigleyville Mixed-Use Investment Opportunity

$11,000,000

15,239 SF

Wrigleyville Mixed-Use Investment Opportunity

Mixed-use property near Wrigley Field with hotel and brewery.

3475 North Clark Street, Chicago, IL 60657

View details

$4,695,000

23,500 SF

River North Value-Add Opportunity

Vacant building in River North, ideal for redevelopment.

159 W Kinzie St, Chicago, IL 60654

View details

$3,695,000

9,600 SF

Two-Story Property Near Bally's Casino

Two-story property with business near proposed Bally’s Casino.

324 W Chicago Ave, Chicago, IL 60654

View details

Contact for pricing

15,239 SF

Boutique Hotel Near Wrigley Field

21-room hotel with retail, patio, and rooftop deck.

3473-3477 N Clark St, Chicago, IL

View details

$2,750,000

Prime Mixed-Use Investment Opportunity

Mixed-use property, gateway to the city, billboard opportunity.

501 S Wells St, Chicago, IL 60607

View details

$9,900,000

Luxury Corporate Housing Business

Luxury corporate housing business for sale in Downtown Chicago.

9.9 Luxury Housing, Chicago, IL 60601

View details

Based on your search, we've compiled 420 Potential Opportunities for your consideration. Besides 9 Active listings in Chicago, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 403 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

$3,800,000

0.29 Acres

Red Roof Inn Near Chicago

53-room hotel near major roads and O'Hare Airport.

9424 Waukegan Road, Morton Grove, IL 60053

View details

$695,000

Land for Hotel, Office, Flex

Located at I-80 and Route 30, ideal for development.

450 DeGroate Road, New Lenox, IL 60451

View details

$3,800,000

0.86 Acres

Super 8 Hotel Near Chicago

Budget-friendly 40-room hotel near Chicago and O'Hare Airport.

9110 Waukegan Road, Morton Grove, IL 60053

View details

$12,500,000

18.76 Acres

18.76 Acres For Redevelopment

18.76 acres for redevelopment at I-80 and Route 30.

1500 W Lincoln Highway, New Lenox, IL 60451

View details

Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

$4,250,000

17.81 Acres

Mokena Commercial Land Opportunity

Prime commercial land with flexible zoning and high visibility.

191 88th Avenue, Mokena, IL 60448

View details

$4,250,000

17.81 Acres

Mokena Commercial Site For Sale

Prime commercial land with flexible zoning and high visibility.

191 88th Avenue, Mokena, IL 60448

View details

$12,500,000

18.76 Acres

18.76 Acres For Redevelopment

18.76 acres for redevelopment at I-80 and Route 30.

1500 West Lincoln Highway, New Lenox, IL 60451

View details

$4,250,000

2.01 Acres

MOTEL • 627,500 SF

Value Estimation by Request

301 En Water St, Chicago, IL 60611-4534

View details

10016 Halsted St

MOTEL • 24,000 SF

Value Estimation

$2,755,000

10016 Halsted St, Chicago, IL 60628

View details

Chicago, IL Hospitality Properties Investment Opportunities Market Analysis

Explore 412 hospitality properties for sale in Chicago, IL, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 98,539 square feet of properties for sale, with an estimated market value of $27,640,000.

Sale prices for hospitality properties in Chicago, IL start at $2,300,000, averaging $4,606,666, and reaching up to $11,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

List

Map

Top Commercial Asset Segments

Property Size Breakdown

The majority of commercial real estate listings in Chicago fall within the 10,000+ square foot range.

Demographics Overview

Population 2.91M

Population Growth (5Y) +0.6%

Median Household Income $76,477

College Educated 44.3%

High-Yield Neighborhoods for Strategic Investment

Identify Chicago submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

Neighborhood	Average Price
60619	$2.4M
60607	$2.8M
60637	$3.5M
60654	$4.2M
60601	$9.9M

Taxes & Financing

Average Loan-to-Value 65.0%

Need Help?

Reach out if you need assistance with Realmo tools or have questions about your listings

Chicago, IL Hospitality Properties for Sale

Chicago Motel Near Cottage Grove

37-room motel in Greater Grand Crossing community for sale.

Chicago Motel with Restaurant Building

34-room motel with separate restaurant in Chatham neighborhood.

Chicago Motel Near Obama Library

Wrigleyville Mixed-Use Investment Opportunity

River North Value-Add Opportunity

Two-Story Property Near Bally's Casino

Boutique Hotel Near Wrigley Field

Prime Mixed-Use Investment Opportunity

Luxury Corporate Housing Business

Opportunities in Nearby Cities

Red Roof Inn Near Chicago

Land for Hotel, Office, Flex

Super 8 Hotel Near Chicago

18.76 Acres For Redevelopment

Potential Development Sites for Consideration

Mokena Commercial Land Opportunity

Mokena Commercial Site For Sale

18.76 Acres For Redevelopment

Barrington Commercial Land Opportunity

Off-Market Properties in Chicago, IL

180 Delaware Pl

55 Ontario St

58 Ontario St

12800 Ashland Ave

10022 Halsted St

10026 Halsted St

10024 Halsted St

5990 Rdg Ave

7701 Cicero Ave

8525 Cicero Ave

1305 State Pkwy

1301 State Pkwy

1303 State Pkwy

301 En Water St

10016 Halsted St

Chicago, IL Hospitality Properties Investment Opportunities Market Analysis

Top Commercial Asset Segments

Property Size Breakdown

Demographics Overview

High-Yield Neighborhoods for Strategic Investment

Taxes & Financing

Need Help?

Browse Hospitality properties for Sale Near Chicago, IL

Popular Searches in Chicago, IL

Popular Categories

Most Searched ZIP Codes in Chicago, IL

All Filters

Select Neighborhood

Create a Task for Rey

Enter Input Criteria

Add Property Characteristics

Select Report Frequency

Create New Password