Illinois Hotels for Sale

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41 properties

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Updated: Feb 20

Two-Story Exterior-Corridor Motel

6535 S King Drive, Chicago, IL 60637

$3,500,000

20,200 sqft 0.41 AC lot

53‑room motel with a two‑story exterior‑corridor layout
Approximately 20,200 building Sq ft. on about 18,000 Sq ft. of land
Built in 1971 with main‑level on‑site parking
Within 2‑miles from the Obama Presidential Library
Close to the University of Chicago and Museum of Science and Industry

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6535 S King Drive, Chicago, IL 60637

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Est. Cap Rate

4.3%
NOI ÷ price
Est. NOI

$152K
Annual
Mortgage

$2.07M
May 2024
Last Sold

May 2024
$3M
Property Type

Motel
Built 1971

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Updated: Dec 27, 2025

Historic Hotel with Restaurant and Lounge

1290 Mulholland Street, Nauvoo, IL 62354

$2,989,000

2.06 AC lot

Historic Hotel Nauvoo built in 1841
Full‑service restaurant plus lounge
Eight overnight guest rooms
2.06‑acre lot with rear customer parking lot across the street that conveys
Forced air heating with central air and window units

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Brick Two-Level Hotel Building

9424 Waukegan Road, Morton Grove, IL 60053

$3,779,000

0.29 AC lot

Brick two-level hotel with central air and a composition roof on Waukegan Road in Morton Grove.

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Super 8 Hotel with 40 Rooms

9110 Waukegan Road, Morton Grove, IL 60053

$3,779,000

0.86 AC lot

Super 8 by Wyndham hotel with 40 rooms, central air, and a large on-site parking lot.

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Hotel with Restaurant and Bar

16733 Il Highway 40, Sheffield, IL 61361

$299,000

2.55 AC lot

Former Knights Inn hotel offering 50 guest rooms with on-site restaurant, bar, and fitness room.

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Flag Hotel with Metal Roof

200 COMFORT Drive, Jacksonville, IL 62650

$3,300,000

2.13 AC lot

Flag hotel on 2.13 acres built in 2000 with a sprinkler system, metal roof, and central air with forced-air heat.

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Mixed-Use Development Land

206 N Cook Street, Barrington, IL 60010

$3,495,000

2.01 AC lot

Zoned COMMR, this 2.01-acre downtown Barrington site offers flexibility for retail and residential uses.

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Land for Hotel, Office, Flex

450 DeGroate Road, New Lenox, IL 60451

$695,000

2 sqft 2.00 AC lot

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

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Hotel with 24 Guest Rooms

142 Smith, Barry, IL 62312

$400,000

For-sale hotel property featuring 24 guest rooms, a lounge with private gaming-style room, and an on-site two-bedroom apartment.

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Grocery-Anchored Mixed-Use Property

38-58 E Ontario St, Chicago, IL 60611

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320,879 sqft

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

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Best Western Flag-Affiliated Hotel

2105 FIRST AVE, Rock Falls, IL 61071

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90,000 sqft

Best Western Rock Falls hotel for sale at 2105 1st Avenue with on-site parking and guest amenities including breakfast and fitness.

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Branded 60-Room Hotel

2721 69th Avenue Court, Moline, IL 61265

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41,244 sqft 1.19 AC lot

Three-story hospitality property near Moline Airport with on-site parking and a 2010 renovation.

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Renovated 65-Room Hotel with Indoor Pool

2235 173rd Place, Lansing, IL 60438

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56,192 sqft 1.29 AC lot

Renovated 1996 hotel with indoor pool, covered entry, and ample parking—well suited for hospitality operators.

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Branded Hotel with Updated Interiors

2255 173rd Street, Lansing, IL 60438

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48,352 sqft 1.11 AC lot

A 4-story Sleep Inn offering 69 rooms on a B-2 zoned site, renovated in 2014.

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Special Purpose

770 Apple Orchard Road, Springfield, IL 62703

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19,169 sqft 2.16 AC lot

Hotels · 19,169 SF

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Mixed-Use Development Land

Lot 17 Lincolnshire Boulevard, Springfield, IL 62704

$975,744

Development lot offered within Legacy Pointe, featuring a large air-supported sports dome and related athletic amenities.

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40-Room Super 8 Hotel

9110 Waukegan Road, Morton Grove, IL 60053

$3,779,000

Two-level lodging property with a large parking lot and access to major roads and interstates.

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Two-Level Hotel with 53 Rooms

9424 Waukegan Road, Morton Grove, IL 60053

$3,779,000

Lodging property near major roads, interstates, O’Hare International Airport, and Chicago-area attractions.

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Commercial Development Lot at Sports Park

Lot 19 Lincolnshire Boulevard, Springfield, IL 62704

$1,003,622

Lot 19 on Lincolnshire Boulevard offers development opportunities within Scheels Sports Park at Legacy Pointe.

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Development Lot at Sports Park

Lot 18 Lincolnshire Boulevard, Springfield, IL 62704

$947,865

Parcel at Scheels Sports Park at Legacy Pointe within a mixed-use development featuring an air-supported sports dome.

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Former 89-Room Hotel for Sale

2710 W Deyoung St, Marion, IL 62959

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47,280 sqft

Fee simple interest in an 89-room former Hampton Inn is being offered in an upcoming receiver sale auction.

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Springhill Suites by Marriott

300 Marriott Drive, Lincolnshire, IL 60069

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91,782 sqft

161-key hotel in Lincolnshire, Illinois, for sale.

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Limited-Service Hotel with Indoor Pool

2825 Greenspoint Pkwy, Hoffman Estates, IL 60169

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139-room, interior-corridor hotel built in 1997 with an indoor pool, fitness center, and rentable conference space.

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Victorian Hospitality Property

526 N Main St, Elburn, IL 60119

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10.50 AC lot

Three-story Victorian mansion with 11 bedrooms, plus two additional freestanding buildings on 10.5 acres.

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Illinois Hotels Market Trends and Statistics

Explore 72 hotels for sale in Illinois, showcased through 41 active listings on our real estate platform. These investment opportunities span a total of 873,013 square feet of properties for sale, with an estimated market value of $60,016,231.

Sale prices for resorts in Illinois start at $299,000, averaging $3,530,366, and reaching up to $22,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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