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149-Room Hotel in Glenview, IL

1801 Milwaukee Ave, Glenview, IL 60025

For Sale
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149-room Courtyard Chicago Glenview/Northbrook for sale.

Property SizeContact for details
Days on Market266

Property Features for 1801 Milwaukee Ave

General Information

Standard status Active
Property subtype Hospitality

Building Details

Year Built 1989
Year Renovated 2020
Stories 3
Listing Agency: CBRE - Chicago
Listed By: Scott Miller
Source: Crexi
Added: Feb 18 Changed: Oct 25 Last Checked: Nov 8 at 9:10AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE - Chicago

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Investment Insights

Based on property information with market context.

The 149-room Courtyard Chicago Glenview/Northbrook is available for sale. The hotel is located off Interstate 294 at the intersection of Illinois Route 21/Milwaukee Ave and W Lake Ave. The intersection of Illinois Route 21/Milwaukee Ave and W Lake Ave has a combined Average Daily Traffic Count (ADTC) of 49,200, while Interstate 294 has an Average Daily Traffic (ADTC) of over 148,000. The hotel benefits from its proximity to major corporate headquarters and large employers, including Allstate, Anixter, SurePayroll, Abt Electronics, Illinois Tool Works (ITW), Astellas, UL (Underwriters Laboratories / UL Solutions), and Crate & Barrel. The City of Glenview has a population of almost 50,000 and lies within the Chicago MSA, which boasts a population of nearly 10 million people. The property is located 3 miles from Chicago’s Executive Airport, less than 12 miles from Chicago O’Hare International Airport (ORD), and just over 20 miles from downtown Chicago. This location offers an exceptional opportunity to capture a solid mix of business, leisure, convention, and transient demand within one of Chicago’s most established North Shore submarkets.

Key Highlights

  • Excellent location off Interstate 294 with high traffic counts (ADTC of over 148,000) providing regional connectivity to downtown Chicago.
  • Proximity to numerous major corporate headquarters and large employers.
  • Located in Glenview, a city of almost 50,000 within the Chicago MSA (population of nearly 10 million).

Property Analytics

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Current Use

Courtyard Chicago Glenview/Northbrook Hotel & Motel

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Building Supply Auto Repair Shop Pharmacy Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

353
Businesses Nearby

Demographics for 60025, IL

41,256
Population
16,815
Households
2.5
Avg Household Size
44
Median Age
65%
College-Educated
96%
High-School Grad
10.5 sq mi
ZIP Area
3,929
Density / Sq Mi
$119,639
Median Household Income
$59,789
Median Earnings
$1,705
Median Rent
$512,400
Median Home Value
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Frequently Asked Questions

What type of property is this?
Hotel - 149-room Courtyard Chicago Glenview/Northbrook for sale.
Where is this hotel located?
The property is located at 1801 Milwaukee Ave Glenview, IL.
What are key features of this property?
This property features: Excellent location off Interstate 294 with high traffic counts (ADTC of over 148,000) providing regional connectivity to downtown Chicago.; Proximity to numerous major corporate headquarters and large employers.; Located in Glenview, a city of almost 50,000 within the Chicago MSA (population of nearly 10 million).
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