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Deerfield, IL Hotels for Sale

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Branded 115-Room Hotel
Updated: Apr 12
Branded 115-Room Hotel

340 S Waukegan Rd, Deerfield, IL 60015

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2.35 AC lot
115‑room Red Roof PLUS+ hotel at 340 S Waukegan Road, Deerfield, IL 60015
Three‑story property situated on 2.35 acres
On‑site laundry, vending machines, and complimentary coffee and tea
Approximately 15 miles from O'Hare International Airport
Chicago Botanic Garden located 3.1 miles from the property
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 1 Active listings in Deerfield, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 Off-Market properties to explore as potential leads, plus 3 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.

40-Room Hotel with Parking
40-Room Hotel with Parking

9110 Waukegan Road, Morton Grove, IL 60053

$3,779,000
0.86 AC lot

Two-level concrete lodging property with central air and access to major roads and interstates.

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53-Room Brick Hotel
53-Room Brick Hotel

9424 Waukegan Road, Morton Grove, IL 60053

$3,779,000
0.29 AC lot

Two-level lodging property with central air, composition roofing, and commercial zoning.

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Residence Inn Hotel
Residence Inn Hotel

1610 McConnor Pkwy, Schaumburg, IL 60173

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Residence Inn by Marriott offering 125 rooms in an extended-stay format near major retail and regional access routes.

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132-Room SpringHill Suites Hotel
132-Room SpringHill Suites Hotel

1550 McConnor Parkway, Schaumburg, IL 60173

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All-suite lodging property positioned for business and leisure stays near major retail, corporate, and entertainment destinations.

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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
Farmland with Teak Plantation

Bensenville, 60105

$995,000

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

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Downtown Commercial Land Site
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 with Lake Frontage
Commercial Land with Lake Frontage

4.73AC 59 Highway, Antioch, IL 60002

$430,000
4.73 AC lot

Commercial parcel positioned at a major intersection opposite CVS, Ace, and a new Starbucks.

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Off-Market Properties in Deerfield, IL

Consider similar Off-Market properties in Deerfield, 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.

800 Lk Cook Rd
HOTEL

800 Lk Cook Rd, Deerfield, IL 60015-4842

$7,650,000
Estimated value
81,237 sqft 4.37 AC lot
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1750 Lk Cook Rd
HOTEL

1750 Lk Cook Rd, Deerfield, IL 60015-4628

Value Estimation by Request
1,520 sqft 6.33 AC lot
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2 Pkwy N Blvd
HOTEL

2 Pkwy N Blvd, Deerfield, IL 60015-2544

$7,810,000
Estimated value
1,208 sqft 6.91 AC lot
View details
530 Lk Cook Rd
HOTEL

530 Lk Cook Rd, Deerfield, IL 60015-4921

$475,000
Estimated value
4,242 sqft 4.21 AC lot
View details

Deerfield, IL Hotels Market Trends and Statistics

Explore 5 hotels for sale in Deerfield, IL on our real estate platform.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Hotels 1

Demographics Overview

Population 28K
Population Growth (5Y) +1.0%
Median Household Income $186,786

Taxes & Financing

Tax Rate (average for all types) 10.09%
Property Tax per SF $77.16 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Lake County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Deerfield fall within the 100,000+ square foot range.

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