Motel on High-Traffic
5230 N Lincoln Ave Chicago, IL 60625
5230 N Lincoln Ave, Chicago, IL, 60625
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For Sale
Contact for pricing
Pending
Operating motel on a high-traffic corridor, positioned near Swedish Hospital and across from a major grocer.
Days on Market101
Property Features for 5230 N Lincoln Ave
General Information
- Standard status
- Pending
- Property subtype
- Land
Listing agency
Marcus & Millichap - Chicago Downtown
(312) 636-6383
Listed by
Kyle Stengle · License #IL 475.138461
Source
Crexi
Added: Apr 12 Updated: Jul 21 at 1:06PM Checked: Jul 21 at 1:06PM
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 - Chicago Downtown
Investment Insights
Based on property information with market context.
The property operates as a motel and offers the option to continue the existing operation or pursue an as-of-right build. Set within a surrounding area of residential dwellings, the site is positioned on a high-traffic corridor.
The location places the property across from a major Chicago grocer, Tony’s, and a short distance from Swedish Hospital. Lincoln Square is known for its mix of restaurants, bars, boutiques, and entertainment, contributing to a steady demand base in the surrounding neighborhood.
This offering is presented for sale as a hospitality property with continued motel use in place, along with an as-of-right redevelopment pathway, depending on an investor’s or operator’s plans.
The location places the property across from a major Chicago grocer, Tony’s, and a short distance from Swedish Hospital. Lincoln Square is known for its mix of restaurants, bars, boutiques, and entertainment, contributing to a steady demand base in the surrounding neighborhood.
This offering is presented for sale as a hospitality property with continued motel use in place, along with an as-of-right redevelopment pathway, depending on an investor’s or operator’s plans.
Key Highlights
- Operating motel at 5230 North Lincoln Avenue in Chicago’s Lincoln Square neighborhood
- Located on a high‑traffic corridor surrounded by residential dwellings
- Opportunity to continue the existing motel operation or build as‑of right
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Motel - Operating motel on a high-traffic corridor, positioned near Swedish Hospital and across from a major grocer.
Where is this motel located?
The property is located at 5230 N Lincoln Ave Chicago, IL.
What are key features of this property?
This property features: Operating motel at 5230 North Lincoln Avenue in Chicago’s Lincoln Square neighborhood; Located on a high‑traffic corridor surrounded by residential dwellings; Opportunity to continue the existing motel operation or build as‑of right
