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    Illinois Motels for Sale

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    34-Room Exterior-Corridor Motel
    Updated: Jan 16
    34-Room Exterior-Corridor Motel

    7621 S Cottage Grove Avenue, Chicago, IL 60619

    $2,200,000
    18,000 sqft 0.31 AC lot
    34‑room motel with a three‑story exterior‑corridor configuration
    18,000 Sq. ft. total building area on 13,392 Sq. ft. of land
    Separate restaurant building located at the front of the property
    Constructed in 1974 with main‑level parking
    Non‑franchise motel license
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    This listing looks promising.

    Here's a quick look at some key insights for

    7621 S Cottage Grove Avenue, Chicago, IL 60619

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    • Est. Cap Rate

      6.2%
      Above avg (5.9%)

    • Est. NOI

      $135K
      Annual

    • Mortgage

      $1.8M
      Dec 2020

    • Last Sold

      Dec 2020
      $1.85M

    • Property Type

      Motel
      Built 1974
    View Property Analytics
    American Inn Motel For Sale
    Updated: Apr 2
    American Inn Motel For Sale

    1824 E Main Street, Danville, IL 61832

    $500,000
    0.92 AC lot
    Strategic location on East Main Street (U.S. Route 136) near Interstate 74 and within Danville's Campus Corridor TIF District, offering potential financial incentives.
    Strong income growth: Gross income increased from $199,793 in 2022 to $249,320 in 2023.
    Proximity to major demand generators: VA Illiana Health Care System, Danville Area Community College (DACC), and Golden Nugget Danville Casino.
    Additional land included: Situated on 0.92 acres with two vacant parcels for potential development or expansion.
    On‑site 3‑bedroom apartment: Ideal for owner occupancy or generating rental income.
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    Two-Story 37-Room Motel
    Two-Story 37-Room Motel

    9112 S Cottage Grove Avenue, Chicago, IL 60619

    $2,399,000
    0.42 AC lot

    Zoned B3-2 with central air in a two-story 37-room motel with main-level parking.

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    California-Style Motel with 34 Rooms
    California-Style Motel with 34 Rooms

    7621 S Cottage Grove Avenue, Chicago, IL 60619

    $2,200,000
    0.31 AC lot

    California-style motel with 34 rooms and central air, plus a separate front-positioned restaurant building.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Chicago Motel Near Obama Library
    Chicago Motel Near Obama Library

    6535 S King Drive, Chicago, IL 60637

    $3,500,000
    0.40 AC lot

    53-room motel in Chicago's Woodlawn neighborhood, near Hyde Park.

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    Ground-Floor Motel Property
    Ground-Floor Motel Property

    1610 Mulholland Street, Nauvoo, IL 62354

    $499,000
    0.95 AC lot

    Guest rooms provide direct parking access with convenient single-level lodging accommodations.

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    Two-Story Exterior-Corridor Motel
    Two-Story Exterior-Corridor Motel

    6535 S King Drive, Chicago, IL 60637

    $3,500,000
    20,200 sqft 0.41 AC lot

    Main-level parking serves a hospitality property near transit, retail, universities, and cultural destinations.

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    34-Room Exterior-Entry Motel
    34-Room Exterior-Entry Motel

    1824 E Main Street, Danville, IL 61832

    $500,000
    0.92 AC lot

    Operating hospitality property with guest rooms, an on-site apartment, and additional land along East Main Street.

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    2-Story 37-Room Motel
    2-Story 37-Room Motel

    9112 S Cottage Grove Avenue, Chicago, IL 60619

    Contact for pricing
    12,000 sqft 0.41 AC lot

    A 37-room, two-story exterior-corridor motel built in 1971 with main-level parking on commercial land.

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    Turn-Key 40-Unit Motel
    Turn-Key 40-Unit Motel

    1100 NIEDRINGHAUS AVE, Granite City, IL 62040

    Contact for pricing
    13,860 sqft 1.00 AC lot

    Operating 40-room motel offering guest amenities including Wi-Fi, air conditioning, and extended-stay kitchenette suites.

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    Operating Motel Property
    Operating Motel Property

    8290 Old Highway 50, Flora, IL 62839

    Contact for pricing
    2.39 AC lot

    Operating motel on 2.39 acres with 15 guest units, owner residence, and multiple additional income-producing living units.

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    21-Room All-Brick Motel
    21-Room All-Brick Motel

    720 Gochenour Street, Vandalia, IL 62471

    $399,900

    Maintained guest rooms, a covered arrival overhang, and an accessible utility tunnel support the existing layout.

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    Operating Motel with 19 Units
    Operating Motel with 19 Units

    3420 N 22nd St, Decatur, IL 62526

    Contact for pricing
    1.57 AC lot

    Operating Tri-Manor Motel offers 19 units with a lobby on a 1.57-acre parcel along Illinois Route 48.

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    87-Room Limited-Service Hotel
    87-Room Limited-Service Hotel

    31 N Green Bay Rd, Waukegan, IL 60085

    Contact for pricing

    Two-story interior-corridor Motel 6 with 87 furnished rooms, vending, and a patio with adjacent grass pad included.

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    Motel on High-Traffic Corridor
    Motel on High-Traffic Corridor

    5230 N Lincoln Ave, Chicago, IL 60625

    Contact for pricing

    Operating motel on a high-traffic corridor, positioned near Swedish Hospital and across from a major grocer.

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    Based on your search, we've compiled 72 Potential Opportunities for your consideration. Besides 15 Active listings in Illinois, we suggest exploring several alternatives: similar 57 Off-Market properties to explore as potential leads

    Off-Market Properties in Illinois

    Consider similar Off-Market properties in Illinois. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    104 Cp St
    HOTEL/MOTEL

    104 Cp St, East Peoria, IL 61611-2003

    $465,000
    Estimated value
    13,938 sqft 1.30 AC lot
    View details
    2111 Arlington Hts Rd
    MOTEL

    2111 Arlington Hts Rd, Arlington Heights, IL 60005-4105

    $5,850,000
    Estimated value
    1.17 AC lot
    View details
    1450 Touhy Ave
    MOTEL

    1450 Touhy Ave, Des Plaines, IL 60018-3332

    $21,610,000
    Estimated value
    View details
    180 Delaware Pl
    MOTEL

    180 Delaware Pl, Chicago, IL 60611

    $46,675,000
    Estimated value
    515,600 sqft 0.37 AC lot
    View details
    200 Rand Rd
    MOTEL

    200 Rand Rd, Mount Prospect, IL 60056-1132

    $4,000,000
    Estimated value
    2.63 AC lot
    View details
    7524 State Rd
    MOTEL

    7524 State Rd, Bedford Park, IL 60638-6624

    $405,000
    Estimated value
    2.62 AC lot
    View details
    1207 Touhy Ave
    MOTEL

    1207 Touhy Ave, Rosemont, IL 60018-3302

    $415,000
    Estimated value
    1.31 AC lot
    View details
    1300 Higgins Rd
    MOTEL

    1300 Higgins Rd, Schaumburg, IL 60173-4938

    $7,555,000
    Estimated value
    2.44 AC lot
    View details
    100 Algonquin Rd
    MOTEL

    100 Algonquin Rd, Arlington Heights, IL 60005-4404

    $4,000,000
    Estimated value
    4.16 AC lot
    View details

    Illinois Motels Market Trends and Statistics

    Explore 72 motels for sale in Illinois, showcased through 15 active listings on our real estate platform. These investment opportunities span a total of 64,060 square feet of properties for sale, with an estimated market value of $15,697,900.

    Sale prices for motels in Illinois start at $399,900, averaging $1,744,211, and reaching up to $3,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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