Search
Branded 115-Room Hotel
For Sale
Contact for pricing
Pending

340 S Waukegan Rd, Deerfield, IL 60015

Three-story lodging property with on-site laundry, vending machines, and complimentary coffee and tea.

Property SizeContact for details
Lot Size2.35 Acres
Days on Market142

Property Features for 340 S Waukegan Rd

General Information

Standard status Pending
Lot size 2.35 Acres
Property subtype Hospitality

Amenities

on-site laundry
vending machines
complimentary coffee and tea

Building Details

Stories 3
Listing Agency: Marcus & Millichap - Dallas
Listed By: Chris Gomes · License #TX 0591152
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 11:29PM

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 Marcus & Millichap - Dallas

Investment Insights

Based on property information with market context.

Red Roof PLUS+ Chicago-Northbrook/Deerfield is a 115-room hotel at 340 S Waukegan Road in Deerfield, Illinois. The three-story property occupies 2.35 acres and provides on-site laundry, vending machines, and complimentary coffee and tea. The hotel operates within the Red Roof PLUS+ brand system and offers Premium Rooms and RediRewards participation.

The property is approximately 25 miles from downtown Chicago and about 15 miles from O'Hare International Airport. Nearby demand generators include Walgreens Boots Alliance at 2.5 miles, the Chicago Botanic Garden at 3.1 miles, Ravinia Festival at 4.6 miles, and Six Flags Great America at 20.5 miles. The United Center is 24.3 miles away, while the Donald E. Stephens Convention Center is 16.8 miles from the hotel.

Additional area context includes approved transit-oriented residential development at Deerbrook Shopping Center, including a planned 254-unit rental complex and redevelopment of 10.79 acres.

Key Highlights

  • 115‑room Red Roof PLUS+ hotel at 340 S Waukegan Road, Deerfield, IL 60015
  • Three‑story property situated on 2.35 acres
  • On‑site laundry, vending machines, and complimentary coffee and tea

Property Analytics

Current Use

Hotels

Suggested Use

Top Pick Auto Parts Store Grocery & Convenience Store (Bike/Boat/Book/etc) Store Barber Shop Garden Center Home Appliance Store

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

1,149
Businesses Nearby

Demographics for 60015, IL

28,013
Population
10,657
Households
2.6
Avg Household Size
43
Median Age
80%
College-Educated
98%
High-School Grad
13.6 sq mi
ZIP Area
2,060
Density / Sq Mi
$186,786
Median Household Income
$82,970
Median Earnings
$2,284
Median Rent
$602,700
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Hotel - Three-story lodging property with on-site laundry, vending machines, and complimentary coffee and tea.
Where is this hotel located?
The property is located at 340 S Waukegan Rd Deerfield, IL.
What are key features of this property?
This property features: 115‑room Red Roof PLUS+ hotel at 340 S Waukegan Road, Deerfield, IL 60015; Three‑story property situated on 2.35 acres; On‑site laundry, vending machines, and complimentary coffee and tea
(972) 755-5302 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message