Search
Two-Story Hotel with 53 Rooms
New
For Sale
$3,779,000

9424 Waukegan Road, Morton Grove, IL 60053

COMMERCIAL - Morton Grove, IL

Lot Size0.29 Acres
Days on Market3

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
Listed By: Mark Ahmad · License #471007186
Added: Jul 28 Last Checked: Jul 30 at 6:06PM
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-story hotel building in Morton Grove, IL is operated as the Red Roof Inn and features 53 guest rooms. The property is listed for sale and is identified under zoning COMMR.

The building is described as being within minutes of major roads and interstates, with a short distance to O’Hare International Airport. The listing also notes access to Chicago-area attractions and destinations, including Navy Pier, museums, theaters, Six Flags Great America, and Golf Mill shopping center, as well as a short distance to Chicago downtown.

Key Highlights

  • Brick 2‑level hotel building
  • 53‑room Red Roof Inn (Morton Grove/Chicago)
  • Central air cooling

Property Analytics

Current Use

Red Roof Inn ... Hotel & Motel

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Spa & Massage Center Building Supply Nail Salon

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

791
Businesses Nearby

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
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 - Two-story hotel building with 53 rooms, offered for sale in Morton Grove under COMMR 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: Brick 2‑level hotel building; 53‑room Red Roof Inn (Morton Grove/Chicago); Central air cooling
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