53-Room Brick
For Sale
$3,779,000
9424 Waukegan Road, Morton Grove, IL 60053
Business Opportunity, Morton Grove, IL
Property SizeContact for details
Lot Size0.29 Acres
Days on Market30
Property Features for 9424 Waukegan Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
COMMR
Directions
Dempster St. north on Wukegan Rd. to address Golf Rd. south on Waukeegan Rd. to hotel address
Subdivision
Morton Grove
Standard status
Active
APN
10181120180000
Lot size
0.29 Acres
Taxes and HOA fees
Tax Year
2023
Tax Annual Amount
76614
Utilities
Cooling system
Central Air
Building Details
Floors in Building
2
Building materials
Brick
Roof type
Composition
Listing Agency:
Century 21 Circle · Coldwell Banker Real Estate
(773) 465-4200
Listed By:
Mark Ahmad · License #471007186
(312) 513-4490
Added: Jul 28
Changed: Aug 20
Last Checked: Aug 26 at 6:06AM
MLS# 12717400
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This two-level hotel property contains 53 rooms within a brick building equipped with central air conditioning and a composition roof. The asset is identified as the Red Roof Inn and is located at 9424 Waukegan Road in Morton Grove, Illinois.
The property sits within minutes of major roads and interstates, with O'Hare International Airport a short distance away. Chicago downtown and attractions including Navy Pier, museums, theaters, Six Flags Great America, and Golf Mill shopping center are also described as nearby destinations. The property carries COMMR zoning and occupies 0.287 acres in Cook County.
The property sits within minutes of major roads and interstates, with O'Hare International Airport a short distance away. Chicago downtown and attractions including Navy Pier, museums, theaters, Six Flags Great America, and Golf Mill shopping center are also described as nearby destinations. The property carries COMMR zoning and occupies 0.287 acres in Cook County.
Key Highlights
- 53‑room, 2‑level hotel building
- Brick construction with central air conditioning
- Composition roofing system
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
791
Businesses Nearby
Explore this area
Business Placement
Demographics for 60053, IL
25,297
Population
9,546
Households
2.7
Avg Household Size
45
Median Age
52%
College-Educated
90%
High-School Grad
5.1 sq mi
ZIP Area
4,960
Density / Sq Mi
$106,078
Median Household Income
$61,315
Median Earnings
$2,210
Median Rent
$377,000
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Hotel - Two-level lodging property with central air, composition roofing, and commercial zoning.
Where is this hotel located?
The property is located at 9424 Waukegan Road Morton Grove, IL.
What is the asking price?
The asking price for this property is $3,779,000.
What are key features of this property?
This property features: 53‑room, 2‑level hotel building; Brick construction with central air conditioning; Composition roofing system
