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    Morton Grove, IL Motels for Sale

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    Super 8 Hotel Near Chicago
    Updated: Apr 2, 2025
    Super 8 Hotel Near Chicago

    9110 Waukegan Road, Morton Grove, IL 60053

    $3,800,000
    0.86 AC lot
    40‑room hotel near major roads and interstates
    Convenient access to O'Hare International Airport and downtown Chicago
    Large parking lot available
    Close to attractions like Navy Pier, museums, and Six Flags Great America
    Budget‑friendly hotel
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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 12 Potential Opportunities for your consideration. Besides 1 Active listings in Morton Grove, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 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.

    Historical Motel with Monthly Rentals
    Historical Motel with Monthly Rentals

    1159 S Shore Drive, Holland, MI 49423

    $1,850,000
    6,000 sqft 0.80 AC lot

    For sale historical motel with 14 monthly rental units and nearby lake access with multiple entry points.

    View details
    Historical Motel Near Lake Macatawa
    Historical Motel Near Lake Macatawa

    1159 S Shore Drive, Holland, MI 49423

    $1,999,999
    6,000 sqft

    Historical motel with monthly rentals near Lake Macatawa.

    View details
    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.

    View details
    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.

    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.

    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
    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.

    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 Morton Grove, IL

    Consider similar Off-Market properties in Morton Grove, 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.

    9110 Waukegan Rd
    MOTEL

    9110 Waukegan Rd, Morton Grove, IL 60053-2119

    $2,460,000
    Estimated value
    0.86 AC lot
    View details
    9424 Waukegan Rd
    MOTEL

    9424 Waukegan Rd, Morton Grove, IL 60053-1352

    $2,455,000
    Estimated value
    0.29 AC lot
    View details
    9424 Waukegan Rd
    MOTEL

    9424 Waukegan Rd, Morton Grove, IL 60053-1352

    $2,455,000
    Estimated value
    0.29 AC lot
    View details

    Morton Grove, IL Motels Market Trends and Statistics

    Explore 4 motels for sale in Morton Grove, IL on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $3,800,000.

    Sale prices for motels in Morton Grove, IL start at $3,800,000, averaging $3,800,000, and reaching up to $3,800,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Hotels 1
    Motels 1

    Demographics Overview

    Population 25K
    Population Growth (5Y) +6.2%
    Median Household Income $106,078
    College Educated 72.3%

    High-Yield Neighborhoods for Investment

    Identify Morton Grove submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    60053 $3.8M

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Cook County

    New Delisted

    Property Size Breakdown

    The majority of commercial real estate listings in Morton Grove fall within the 50,000 to 100,000 square foot range.

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