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    Lake County, IL Motels for Sale

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    87-Room Limited-Service Hotel
    Updated: Apr 12
    87-Room Limited-Service Hotel

    31 N Green Bay Rd, Waukegan, IL 60085

    Contact for pricing
    G6 Hospitality‑branded Motel 6 Waukegan: 87‑room, two‑story, interior‑corridor hotel built in 1985
    2019 results: exceeded $1,150,000 in room revenue with cash flow above 32% of total revenues (~$383,600 NOI after interest, taxes, DDA)
    2020 results: maintained cash flow above 34% of total revenues (~$341,480 NOI after interest, taxes, DDA)
    RevPAR outperformed competitive set with RevPAR penetration index of 105% in 2020 and 130% in 2019
    Common area amenities include vending machine and patio area (former outdoor pool), plus adjacent grass pad included in the sale
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    Lake Bluff Redevelopment Land Opportunity
    Updated: May 25, 2022
    Lake Bluff Redevelopment Land Opportunity

    8 N Skokie Hwy, Lake Bluff, IL 60044

    Contact for pricing
    2.75 AC lot
    Prime redevelopment land opportunity in the North Shore market.
    Potential for financial incentives from the Village of Lake Bluff.
    Located in a thriving commercial corridor.
    Existing zoning allows for diverse redevelopment possibilities.
    Opportunity to assemble a larger 2.75‑acre contiguous property.
    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 2 Active listings in Lake County, IL, we suggest exploring several alternatives: similar 5 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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    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
    Fully-Developed Commercial Land Lot
    Fully-Developed Commercial Land Lot

    5239 Oak Crest Hill Rd SE, Hills, IA 52235

    $323,980
    1.25 AC lot

    Commercially zoned, utility-served lot with strong visibility off Highway 218 for flexible development concepts.

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    Commercial-Industrial Land with Utilities
    Commercial-Industrial Land with Utilities

    5241 Oak Crest Hill Rd SE, Hills, IA 52235

    $321,385
    1.24 AC lot

    Fully developed lots with city water and sewer, positioned for commercial and industrial use with highway visibility.

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    Off-Market Properties in Lake County, IL

    Consider similar Off-Market properties in Lake 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.

    123 Skokie Hwy
    MOTEL

    123 Skokie Hwy, Lake Bluff, IL 60044-1741

    $1,500,000
    Estimated value
    9,016 sqft 0.34 AC lot
    View details
    25324 Il Rte 173
    MOTEL

    25324 Il Rte 173, Antioch, IL 60002-8352

    $340,000
    Estimated value
    3,883 sqft 0.97 AC lot
    View details
    2403 Sheridan Rd
    MOTEL

    2403 Sheridan Rd, Zion, IL 60099-2374

    $335,000
    Estimated value
    4,466 sqft 0.17 AC lot
    View details
    1713 Sheridan Rd
    MOTEL

    1713 Sheridan Rd, Zion, IL 60099-4120

    $455,000
    Estimated value
    13,376 sqft 0.21 AC lot
    View details
    511 Rockland Rd
    MOTEL

    511 Rockland Rd, Lake Bluff, IL 60044-1724

    $390,000
    Estimated value
    5,729 sqft 0.50 AC lot
    View details

    Lake County, IL Motels Market Trends and Statistics

    Explore 7 motels for sale in Lake County, IL on our real estate platform.

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