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    Morton Grove, IL Hotels for Sale

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    Skokie, IL Glenview, IL Niles, IL
    Red Roof Inn Near Chicago
    Updated: Sep 12, 2025
    Red Roof Inn Near Chicago

    9424 Waukegan Road, Morton Grove, IL 60053

    $3,800,000
    0.29 AC lot
    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
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Morton Grove, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

    Landmark Mixed-Use Development Site
    Landmark Mixed-Use Development Site

    206 N Cook Street, Barrington, IL 60010

    $3,495,000
    2.01 AC lot

    Landmark downtown site with COMMR zoning, suited for hotel or mixed-use with street-level retail.

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    Mixed-Use Development Land
    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.

    View details
    River North Value-Add Opportunity
    River North Value-Add Opportunity

    159 W Kinzie St, Chicago, IL 60654

    $4,695,000
    23,500 sqft

    Vacant building in River North, ideal for redevelopment.

    View details
    Luxury Corporate Housing Business
    Luxury Corporate Housing Business

    9.9 Luxury Housing, Chicago, IL 60601

    $9,900,000

    Luxury corporate housing business for sale in Downtown Chicago.

    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.

    Homer Glen Commercial Land
    Homer Glen Commercial Land

    15551 W 143RD Street, Homer Glen, IL 60491

    $4,900,000
    14.00 AC lot

    14 acres in Homer Glen, signaled intersection, high-end commercial development.

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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

    4.73 acres of commercial land with B-3 zoning.

    View details
    18.76 Acres For Redevelopment
    18.76 Acres For Redevelopment

    1500 West Lincoln Highway, New Lenox, IL 60451

    $12,500,000
    18.76 AC lot

    18.76 acres for redevelopment at I-80 and Route 30.

    View details
    Commercial Land in Cedar Lake
    Commercial Land in Cedar Lake

    13900 Alexander Street, Cedar Lake, IN 46303

    $489,500
    80,150 sqft · 1.84 AC lot

    1.84 acre commercial lot zoned B-3 in Cedar Lake.

    View details

    Morton Grove, IL Hotels Market Trends and Statistics

    Explore 1 hotels 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 $3,800,000.

    Sale prices for resorts 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

    Commercial property segments ranked by active listings on the market

    Hotels 1
    Motels 1

    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 $3.8M

    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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