Morton Grove, IL Hospitality properties for sale

Updated: Jul 28

40-Room Hotel with Parking

9110 Waukegan Road, Morton Grove, IL 60053

$3,599,000

0.86 AC lot

40‑room hotel in a 2‑level building
Approximately 0.8647 acres at 9110 Waukegan Road
Large parking lot serving the hotel
Concrete construction with Central Air
Near major roads and interstates

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Updated: Jul 28

53-Room Brick Hotel

9424 Waukegan Road, Morton Grove, IL 60053

$3,599,000

0.29 AC lot

53‑room, 2‑level hotel building
Brick construction with central air conditioning
Composition roofing system
COMMR zoning designation
0.287‑acre property at 9424 Waukegan Road

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40-Room Super 8 Hotel

9110 Waukegan Rd, Morton Grove, IL 60053

$3,679,000

19,562 sqft 1 building 2-story

Highway access

Two-level lodging property with on-site parking and access to major roads and interstates.

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See hot listings in Morton Grove

Scored against comparables nationwide. These are worth a look.

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53-Room Hotel

9424 Waukegan Road, Morton Grove, IL 60053

$3,599,000

16,740 sqft 1 building 2-story

Highway access

The two-level lodging property is positioned for access to major roads and interstates.

View details

4 active listings match your search: Hospitality for sale in Morton Grove, IL. Based on your search, we've also compiled 11 Potential Opportunities for your consideration: 4 properties in nearby cities, 3 off-market properties to explore as potential leads, and 4 land listings with development potential.

Opportunities in Nearby Cities

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

Renovated Mixed-Use Hospitality Property

310 S Halsted St, Chicago, IL 60661

Greektown

$10,500,000

27,404 sqft 0.14 acres 1 building 4-story Built 1864

DX-5

Four-story property combines a renovated hostel operation with a fully equipped restaurant space and basement storage.

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Grocery-Anchored Mixed-Use Property

38-58 E Ontario St, Chicago, IL 60611

Near North Side

Contact for pricing

320,879 sqft Multi-tenant

100% occupied Highway access

Fully leased urban asset with grocery and hospitality anchors in Chicago’s River North district.

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Riverside Boutique Hotel with Villas

Aurora, 60504

$1,350,000

13,500 sqft

Operating hospitality property with private villas, restaurant facilities, event space, and wellness amenities.

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Eight-Cabina Short-Term Rental Property

Aurora, 60504

$1,180,000

Furnished cabinas feature private terraces, kitchens, air conditioning, and access to a swimming pool.

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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.

Farmland with Teak Plantation

Bensenville, 60105

$995,000

Agricultural property with Gulf views, elevated terraces, and an established teak plantation.

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Exclusive Lots in Gated Community

Bensenville, 60105

$150,000

Boutique community with utilities, permits, and ocean views.

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Downtown Commercial Land Site

206 N Cook Street, Barrington, IL 60010

$3,495,000

2.01 acres

Commercial land in downtown Barrington with COMMR zoning and natural gas availability.

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Commercial Land at Signalized Intersection

15551 W 143RD Street, Homer Glen, IL 60491

$4,900,000

14 acres

Commercial land with natural gas available and access to a signalized intersection.

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Off-Market Properties in Morton Grove, IL

Consider similar Off-Market properties in Morton Grove, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

MOTEL

9110 Waukegan Rd, Morton Grove, IL 60053-2119

Estimated value:

$2,535,000

0.86 AC lot

View details

MOTEL

9424 Waukegan Rd, Morton Grove, IL 60053-1352

Estimated value:

$2,535,000

0.29 AC lot

View details

MOTEL

9424 Waukegan Rd, Morton Grove, IL 60053-1352

Estimated value:

$2,535,000

0.29 AC lot

View details

Morton Grove, IL Hospitality Properties Market Trends and Statistics

Explore 7 hospitality properties for sale in Morton Grove, IL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 36,302 square feet of properties for sale, with an estimated market value of $14,476,000.

Sale prices for hospitality properties in Morton Grove, IL start at $3,599,000, averaging $3,619,000, and reaching up to $3,679,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
60053	$3.6M

Neighborhood

Average Price

60053

$3.6M