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13-Room Motel with Land
For Sale
Contact for pricing
Pending

41550 Skokie Hwy, Wadsworth, IL 60083

Motel property with on-site living quarters, laundry equipment, and direct access from US 41.

Property SizeContact for details
Days on Market48

Property Features for 41550 Skokie Hwy

General Information

Standard status Pending
Property subtype Hospitality, Land
Listing Agency: RPM Real Estate Company
Listed By: Violet Stanoev · License #IL 475166071
Source: Crexi
Added: Jul 21 Changed: Aug 30 Last Checked: Aug 31 at 11:43PM

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 RPM Real Estate Company

Investment Insights

Based on property information with market context.

This 13-room motel includes six double-bed rooms and seven queen rooms, with reported occupancy of 85%. The property also includes living quarters with a washer and dryer, along with a newer water heater.

Set on 3.46 acres with direct access from US 41, the motel occupies only a small portion of the parcel. The remaining land provides room for future expansion or additional improvements, subject to applicable approvals. The property is being sold as a package with available PINs.

Key Highlights

  • 13‑room motel with six double‑bed rooms and seven queen rooms
  • Reported 85% occupancy
  • 3.46‑acre property with motel using a small portion of the land

Property Analytics

Current Use

Motels

Suggested Use

Top Pick Parking Lot & Garage Building Supply HVAC Service Big Box & Wholesale Store Real Estate Agency Kitchen & Bath Showroom

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

13
Businesses Nearby
Well-served
Demand for This Use

Demographics for 60083, IL

9,564
Population
3,628
Households
2.6
Avg Household Size
43
Median Age
39%
College-Educated
90%
High-School Grad
26.4 sq mi
ZIP Area
362
Density / Sq Mi
$111,912
Median Household Income
$49,704
Median Earnings
$1,702
Median Rent
$286,400
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Motel - Motel property with on-site living quarters, laundry equipment, and direct access from US 41.
Where is this motel located?
The property is located at 41550 Skokie Hwy Wadsworth, IL.
What are key features of this property?
This property features: 13‑room motel with six double‑bed rooms and seven queen rooms; Reported 85% occupancy; 3.46‑acre property with motel using a small portion of the land
More about this property
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