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Morton Grove, IL Hotels for Sale

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40-Room Hotel with Parking
Updated: Jul 28
40-Room Hotel with Parking

9110 Waukegan Road, Morton Grove, IL 60053

$3,679,000
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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53-Room Brick Hotel
Updated: Jul 28
53-Room Brick Hotel

9424 Waukegan Road, Morton Grove, IL 60053

$3,679,000
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
40-Room Super 8 Hotel

9110 Waukegan Rd, Morton Grove, IL 60053

$3,679,000
19,562 sqft

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.

Scored against comparables nationwide. These are worth a look.

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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 3 Active listings in Morton Grove, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

Renovated Mixed-Use Hospitality Property
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
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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Renovated 65-Room Hotel with Indoor Pool
Renovated 65-Room Hotel with Indoor Pool

2235 173rd Place, Lansing, IL 60438

Contact for pricing
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
Branded Hotel with Updated Interiors

2255 173rd Street, Lansing, IL 60438

Contact for pricing
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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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 at Signalized Intersection
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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Morton Grove, IL Hotels Market Trends and Statistics

Explore 3 hotels 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 $11,037,000.

Sale prices for resorts in Morton Grove, IL average $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.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Hotels 3

Demographics Overview

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

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
60053 $3.7M

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cook County

New Delisted

Property Size Breakdown

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

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