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    Cook County, IL Motels for Sale

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    Chicago Motel with Restaurant Building
    Updated: Jan 16
    Chicago Motel with Restaurant Building

    7621 S Cottage Grove Avenue, Chicago, IL 60619

    $2,300,000
    18,000 sqft 0.31 AC lot
    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.
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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

      5.9%
      NOI ÷ price

    • Est. NOI

      $135K
      Annual

    • Mortgage

      $1.8M
      Dec 2020

    • Last Sold

      Dec 2020
      $1.85M

    • Property Type

      Motel
      Built 1974
    View Property Analytics
    Chicago Motel Near Cottage Grove
    Updated: Feb 20
    Chicago Motel Near Cottage Grove

    9112 S Cottage Grove Avenue, Chicago, IL 60619

    $2,450,000
    12,000 sqft 0.42 AC lot
    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.
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    Chicago Motel Near Obama Library
    Chicago Motel Near Obama Library

    6535 S King Drive, Chicago, IL 60637

    $3,500,000
    20,200 sqft 0.40 AC lot

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

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    Super 8 Hotel Near Chicago
    Super 8 Hotel Near Chicago

    9110 Waukegan Road, Morton Grove, IL 60053

    $3,800,000
    0.86 AC lot

    Budget-friendly 40-room hotel near Chicago and O'Hare Airport.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 4 Active listings in Cook County, IL, we suggest exploring several alternatives: similar 68 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    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.

    High-Visibility Highway Commercial Land
    High-Visibility Highway Commercial Land

    Blue Star Highway lot: 2, Fennville, MI 49408

    $300,000
    2.75 AC lot

    Cleared highway exit land in a C-3 district for a range of commercial and service uses.

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    Prime Commercial Land I-55 Access
    Prime Commercial Land I-55 Access

    6000 S 6th Street Frontage Road, Springfield, IL 62702

    $550,000
    1.63 AC lot

    1.63 acre commercial land near I-55 in Springfield, IL.

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    Commercially Zoned Corner Land
    Commercially Zoned Corner Land

    7900,7990,7996 N Alger Road, Alma, MI 48801

    $2,100,000
    8.00 AC lot

    Large commercial parcel with utilities on site and strong expressway visibility for restaurant, lodging, and complementary uses.

    View details
    Commercial Land on Adrian Highway
    Commercial Land on Adrian Highway

    3264 N Adrian Highway, Adrian, MI 49221

    $299,900
    3.43 AC lot

    Commercial Highway Zoned lot with high traffic counts on M-52.

    View details

    Off-Market Properties in Cook County, IL

    Consider similar Off-Market properties in Cook County, 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.

    2111 Arlington Hts Rd
    MOTEL

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

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

    1450 Touhy Ave, Des Plaines, IL 60018-3332

    $21,610,000
    Estimated value
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    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

    Value Estimation by Request
    2.62 AC lot
    View details
    1207 Touhy Ave
    MOTEL

    1207 Touhy Ave, Rosemont, IL 60018-3302

    Value Estimation by Request
    1.31 AC lot
    View details
    1300 Higgins Rd
    MOTEL

    1300 Higgins Rd, Schaumburg, IL 60173-4938

    $6,585,000
    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
    1090 Milwaukee Ave
    MOTEL

    1090 Milwaukee Ave, Wheeling, IL 60090-6438

    $3,345,000
    Estimated value
    3.86 AC lot
    View details
    55 Ontario St
    MOTEL

    55 Ontario St, Chicago, IL 60611-2727

    $1,085,000
    Estimated value
    6,400 sqft 0.38 AC lot
    View details
    58 Ontario St
    MOTEL

    58 Ontario St, Chicago, IL 60611-4755

    $7,380,000
    Estimated value
    0.89 AC lot
    View details
    1851 Mcconnor Pkwy
    MOTEL

    1851 Mcconnor Pkwy, Schaumburg, IL 60173-4369

    $6,895,000
    Estimated value
    3.20 AC lot
    View details
    600 Milwaukee Ave
    MOTEL

    600 Milwaukee Ave, Prospect Heights, IL 60070-2376

    $3,765,000
    Estimated value
    2.04 AC lot
    View details
    1818 Maple Ave, Unit 24
    MOTEL

    1818 Maple Ave, Evanston, IL 60201-3136

    Unit 24
    $17,705,000
    Estimated value
    0.80 AC lot
    View details
    2875 Milwaukee Ave
    MOTEL

    2875 Milwaukee Ave, Northbrook, IL 60062-6103

    $855,000
    Estimated value
    5.86 AC lot
    View details
    12800 Ashland Ave
    MOTEL

    12800 Ashland Ave, Calumet Park, IL 60827-6308

    $2,250,000
    Estimated value
    0.87 AC lot
    View details
    901 Woodfield Rd
    MOTEL

    901 Woodfield Rd, Schaumburg, IL 60173

    $2,180,000
    Estimated value
    4.77 AC lot
    View details
    121 Pt Blvd
    MOTEL

    121 Pt Blvd, Elk Grove Village, IL 60007-1019

    $525,000
    Estimated value
    9.61 AC lot
    View details
    21609 Governors Hwy
    MOTEL

    21609 Governors Hwy, Matteson, IL 60443-2629

    $1,355,000
    Estimated value
    0.25 AC lot
    View details
    5210 Southwick Dr
    MOTEL

    5210 Southwick Dr, Matteson, IL 60443-2256

    $6,075,000
    Estimated value
    2.35 AC lot
    View details

    Cook County, IL Motels Market Trends and Statistics

    Explore 72 motels for sale in Cook County, IL, showcased through 4 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 Cook County, 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.

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