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    Chicago, IL Motels for Sale

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    Cicero, IL Oak Park, IL David City, NE
    Chicago Motel Near Cottage Grove
    $2,450,000
    12,000 SF

    Chicago Motel Near Cottage Grove

    9112 S Cottage Grove Avenue, Chicago, IL 60619

    37-room motel in Greater Grand Crossing community for sale.

    • Zoned B3‑2 Commercial: Offers flexibility for repositioning or redevelopment.
    • Revitalization Area: Benefits from ongoing South Side revitalization, near the Obama Presidential Library site.
    • Grant Opportunities: Qualifies for City of Chicago and local grant initiatives.
    • Convenient Transportation: Proximity to the Dan Ryan Expressway, Metra Electric Line (91st St. station), and CTA bus routes.
    • High Traffic Area: Located near the Cottage Grove commercial corridor.
    Updated: Feb 20
    View details
    Chicago Motel with Restaurant Building
    $2,300,000
    18,000 SF

    Chicago Motel with Restaurant Building

    7621 S Cottage Grove Avenue, Chicago, IL 60619

    34-room motel with separate restaurant in Chatham neighborhood.

    • Significant value‑add opportunity with the non‑franchise motel license.
    • Eligible for substantial City of Chicago grants and TIF funding for facade improvements and full building renovation.
    • Located within the Greater Chatham Initiative - 87th Street Corridor Improvement Zone.
    • Strategic location in the well‑established Chatham neighborhood with strong traffic counts and walking distance to retail, services, and neighborhood amenities.
    • Proximity to major transportation and key attractions.
    Updated: Jan 16
    View details
    Chicago Motel Near Obama Library
    $3,500,000
    20,200 SF

    Chicago Motel Near Obama Library

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

    6535 S King Drive, Chicago, IL 60637
    View details
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 3 Active listings in Chicago, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 69 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Prime Commercial Parcel in Bridgman
    $119,000
    1.00 Acre

    Prime Commercial Parcel in Bridgman

    One-acre commercial land with high visibility and access.

    10067 Red Arrow Hwy, Bridgman, MI 49106
    View details
    Prime Commercial Parcel in Bridgman
    $114,000
    1.11 Acres

    Prime Commercial Parcel in Bridgman

    One-acre commercial land with high visibility and access.

    10067 Red Arrow Highway, Bridgman, MI 49106
    View details
    Mixed-Use Property in Fort Wayne
    $1,188,000
    0.57 Acres

    Mixed-Use Property in Fort Wayne

    Mixed-use property suitable for motel, business, or apartments.

    5634 W Jefferson Boulevard, Fort Wayne, IN 46804
    View details
    Motel/Apartment Conversion Opportunity
    $1,188,000
    24,829 SF

    Motel/Apartment Conversion Opportunity

    Convertible property with multiple bathrooms and entrances.

    5634 W Jefferson Boulevard, Fort Wayne, IN 46804
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Yorkville Commercial Land on Rt. 47
    $2,000,000
    3.68 Acres

    Yorkville Commercial Land on Rt. 47

    3.68 acre commercial property on Rt. 47 in Yorkville.

    1015 N Bridge Street, Yorkville, IL 60560
    View details
    Highway Exit Commercial Land
    $300,000
    2.75 Acres

    Highway Exit Commercial Land

    Prime land with high visibility near resort community.

    Blue Star Highway lot: 2, Saugatuck, MI 49453
    View details
    Prime Commercial Land on 4 Mile
    $1,700,000
    8,882 SF

    Prime Commercial Land on 4 Mile

    17.4 acres of C-4 zoned land with high traffic frontage.

    2031 4 Mile Road NW, Grand Rapids, MI 49544
    View details
    Commercial Land in Dodgeville, WI
    $120,000

    Commercial Land in Dodgeville, WI

    Prime commercial land with high traffic visibility in Dodgeville, WI.

    3 Lots N Johns Street, Dodgeville, WI 53533
    View details

    Off-Market Properties in Chicago, IL

    Consider similar Off-Market properties in Chicago, IL. 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.

    180 Delaware Pl
    MOTEL
    515,600 SF Lot: 0.37 Acres
    Estimated value
    $46,675,000

    180 Delaware Pl, Chicago, IL 60611

    View details
    55 Ontario St
    MOTEL
    6,400 SF Lot: 0.38 Acres
    Estimated value
    $1,085,000

    55 Ontario St, Chicago, IL 60611-2727

    View details
    58 Ontario St
    MOTEL
    Lot: 0.89 Acres

    58 Ontario St, Chicago, IL 60611-4755

    View details
    12800 Ashland Ave
    MOTEL
    Lot: 0.87 Acres
    Estimated value
    $2,250,000

    12800 Ashland Ave, Calumet Park, IL 60827-6308

    View details
    10022 Halsted St
    MOTEL
    24,000 SF Lot: 0.06 Acres
    Estimated value
    $2,905,000

    10022 Halsted St, Chicago, IL 60628-1813

    View details
    10026 Halsted St
    MOTEL
    24,000 SF Lot: 0.06 Acres
    Estimated value
    $2,875,000

    10026 Halsted St, Chicago, IL 60628

    View details
    10024 Halsted St
    MOTEL
    24,000 SF Lot: 0.06 Acres
    Estimated value
    $2,875,000

    10024 Halsted St, Chicago, IL 60628

    View details
    5990 Rdg Ave
    MOTEL
    12,500 SF Lot: 0.42 Acres
    Estimated value
    $2,490,000

    5990 Rdg Ave, Chicago, IL 60660-3263

    View details
    7701 Cicero Ave
    MOTEL
    3,300 SF Lot: 0.75 Acres
    Value Estimation by Request

    7701 Cicero Ave, Chicago, IL 60652-1012

    View details
    8525 Cicero Ave
    MOTEL
    Lot: 0.60 Acres
    Estimated value
    $2,365,000

    8525 Cicero Ave, Chicago, IL 60652

    View details
    1305 State Pkwy
    MOTEL
    169,500 SF Lot: 0.20 Acres
    Estimated value
    $23,205,000

    1305 State Pkwy, Chicago, IL 60610

    View details
    1301 State Pkwy
    MOTEL
    169,500 SF Lot: 0.10 Acres
    Estimated value
    $22,510,000

    1301 State Pkwy, Chicago, IL 60610-2334

    View details
    1303 State Pkwy
    MOTEL
    169,500 SF Lot: 0.08 Acres
    Estimated value
    $22,510,000

    1303 State Pkwy, Chicago, IL 60610

    View details
    301 En Water St
    MOTEL
    627,500 SF Lot: 2.33 Acres
    Estimated value
    $200,000,000

    301 En Water St, Chicago, IL 60611-4534

    View details
    10016 Halsted St
    MOTEL
    24,000 SF Lot: 0.06 Acres
    Estimated value
    $2,755,000

    10016 Halsted St, Chicago, IL 60628

    View details
    10028 Halsted St
    MOTEL
    24,000 SF Lot: 0.06 Acres
    Estimated value
    $2,755,000

    10028 Halsted St, Chicago, IL 60628

    View details
    10034 Halsted St
    MOTEL
    24,000 SF Lot: 0.06 Acres
    Estimated value
    $2,755,000

    10034 Halsted St, Chicago, IL 60628

    View details
    10032 Halsted St
    MOTEL
    24,000 SF Lot: 0.06 Acres
    Estimated value
    $2,755,000

    10032 Halsted St, Chicago, IL 60628

    View details
    10040 Halsted St
    MOTEL
    Lot: 0.06 Acres
    Estimated value
    $2,550,000

    10040 Halsted St, Chicago, IL 60628

    View details
    10036 Halsted St
    MOTEL
    24,000 SF Lot: 0.06 Acres
    Estimated value
    $2,755,000

    10036 Halsted St, Chicago, IL 60628

    View details
    10018 Halsted St
    MOTEL
    24,000 SF Lot: 0.06 Acres
    Estimated value
    $2,755,000

    10018 Halsted St, Chicago, IL 60628

    View details

    Chicago, IL Motels Investment Opportunities Market Analysis

    Explore 72 motels for sale in Chicago, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 50,200 square feet of properties for sale, with an estimated market value of $8,250,000.

    Sale prices for motels in Chicago, IL start at $2,300,000, averaging $2,750,000, 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.

    List
    Map

    Top Commercial Asset Segments

    Hotels 8
    Motels 2

    Property Size Breakdown

    The majority of commercial real estate listings in Chicago fall within the 10,000+ square foot range.

    Demographics Overview

    Population 2.91M
    Population Growth (5Y) +0.6%
    Median Household Income $76,477
    College Educated 44.3%

    High-Yield Neighborhoods for Strategic Investment

    Identify Chicago submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    60619 $2.4M
    60637 $3.5M

    Taxes & Financing

    Average Loan-to-Value 65.0%

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    Most Searched ZIP Codes in Chicago, IL

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