Morton Grove, IL Hospitality properties for sale

Updated: Jul 28

40-Room Hotel with Parking

9110 Waukegan Road, Morton Grove, IL 60053

$3,779,000

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

$3,779,000

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

$3,779,000

19,562 sqft

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

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See what stands out in Cook County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 3 Active listings in Morton Grove, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 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.

Renovated Mixed-Use Hospitality Property

310 S Halsted St, Chicago, IL 60661

$10,500,000

27,404 sqft 0.14 AC lot

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

Contact for pricing

320,879 sqft

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

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Riverside Boutique Hotel

Aurora, 60504

$1,350,000

13,500 sqft

Operating hospitality property with villas, dining, event, and wellness facilities.

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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 AC lot

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

14.00 AC lot

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 6 hospitality properties for sale in Morton Grove, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 19,562 square feet of properties for sale, with an estimated market value of $11,337,000.

Sale prices for hospitality properties in Morton Grove, IL average $3,779,000 — 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	$3.8M

Neighborhood

Average Price

60053

$3.8M