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    Morton Grove, IL
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    Morton Grove, IL Hospitality Properties for Sale

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    Skokie, IL Glenview, IL Niles, IL
    Red Roof Inn Near Chicago
    $3,800,000
    0.29 Acres

    Red Roof Inn Near Chicago

    9424 Waukegan Road, Morton Grove, IL 60053

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

    • 53‑room hotel building
    • Proximity to major roads and interstates
    • Short distance to O'Hare International Airport
    • Easy access to Chicago downtown attractions
    • Close to Six Flags Great America and Golf Mill shopping center
    Updated: Sep 12, 2025
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    Super 8 Hotel Near Chicago
    $3,800,000
    0.86 Acres

    Super 8 Hotel Near Chicago

    9110 Waukegan Road, Morton Grove, IL 60053

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

    • 40‑room hotel near major roads and interstates
    • Convenient access to O'Hare International Airport and downtown Chicago
    • Large parking lot available
    • Close to attractions like Navy Pier, museums, and Six Flags Great America
    • Budget‑friendly hotel
    Updated: Apr 2, 2025
    View details
    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 2 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.

    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
    Land for Hotel, Office, Flex
    $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
    18.76 Acres For Redevelopment
    $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
    Boutique Hotel Near Wrigley Field
    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

    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.

    Barrington Commercial Land Opportunity
    $4,250,000
    2.01 Acres

    Barrington Commercial Land Opportunity

    2.01-acre commercial site in downtown Barrington, Illinois.

    206 N Cook Street, Barrington, IL 60010
    View details
    Commercial Land with Lake Frontage
    $430,000
    4.73 Acres

    Commercial Land with Lake Frontage

    4.73 acres of commercial land with B-3 zoning.

    4.73AC 59 Highway, Antioch, IL 60002
    View details
    Mokena Commercial Site For Sale
    $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
    Mokena Commercial Land Opportunity
    $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

    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.

    9110 Waukegan Rd

    9110 Waukegan Rd

    MOTEL • 0.86 Acres
    Value Estimation
    $2,460,000
    9110 Waukegan Rd, Morton Grove, IL 60053-2119
    View details
    9424 Waukegan Rd

    9424 Waukegan Rd

    MOTEL • 0.29 Acres
    Value Estimation
    $2,455,000
    9424 Waukegan Rd, Morton Grove, IL 60053-1352
    View details
    9424 Waukegan Rd

    9424 Waukegan Rd

    MOTEL • 0.29 Acres
    Value Estimation
    $2,455,000
    9424 Waukegan Rd, Morton Grove, IL 60053-1352
    View details

    Morton Grove, IL Hospitality Properties Investment Opportunities Market Analysis

    Explore 5 hospitality properties for sale in Morton Grove, IL on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $7,600,000.

    Sale prices for hospitality properties in Morton Grove, IL start at $3,800,000, averaging $3,800,000, and reaching up to $3,800,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Hotels 1
    Motels 1

    Property Size Breakdown

    The majority of commercial real estate listings in Morton Grove fall within the 50,000 to 100,000 square foot range.

    Demographics Overview

    Population 25K
    Population Growth (5Y) +6.2%
    Median Household Income $106,078
    College Educated 72.3%

    High-Yield Neighborhoods for Strategic Investment

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

    Neighborhood Average Price
    60053 $3.8M

    Taxes & Financing

    Average Loan-to-Value 65.0%

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