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    Morton Grove, IL Hotels for Sale

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    Brick Two-Level Hotel Building
    Updated: Jul 28
    Brick Two-Level Hotel Building

    9424 Waukegan Road, Morton Grove, IL 60053

    $3,779,000
    0.29 AC lot
    53 rooms
    Brick two‑level hotel building
    0.287‑acre lot
    Central air conditioning
    Composition roof
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    Super 8 Hotel with 40 Rooms
    Updated: Jul 28
    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
    Two‑level concrete building
    Central air conditioning
    Large on‑site parking lot
    Lot size: 0.8647 acres
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    40-Room Super 8 Hotel
    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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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Two-Level Hotel with 53 Rooms
    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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    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 4 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.

    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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    74-Room Interior Corridor Hotel
    74-Room Interior Corridor Hotel

    16900 S Halsted St, Harvey, IL 60426

    Contact for pricing

    Three-story interior corridor Days Inn & Suites with 74 rooms, built in 1996, generating $1.19M revenue in 2022.

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    Limited Service Hotel Property
    Limited Service Hotel Property

    16920 Halsted Street, Harvey, IL 60426

    Contact for pricing

    Three-story, 73-unit interior corridor Quality Inn & Suites in a multi-hotel complex with extensive on-site amenities.

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    Luxury Corporate Housing Business
    Luxury Corporate Housing Business

    9.9 Luxury Housing, Chicago, IL 60601

    Contact for pricing

    Luxury corporate housing business for sale in Downtown Chicago.

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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.

    View details

    Morton Grove, IL Hotels Market Trends and Statistics

    Explore 4 hotels for sale in Morton Grove, IL, showcased through 4 active listings on our real estate platform.

    Sale prices for resorts in Morton Grove, IL average $3,779,000 — 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 4

    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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