Property profile

1505 Lk Cook Rd Highland Park, IL 60035

OFF-MARKET
Hotels
Property ID
US28-2384219
353 SF 3.64 ac lot Built 1987
Entity Owned ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 149-key hotel, the Courtyard Chicago Highland Park/Northbrook, presents a compelling investment opportunity. Strategically located at 1505 Lake Cook Rd in Highland Park, Illinois (zip code 60035), this hospitality property is situated in Lake County. The precise latitude and longitude coordinates are 42.1534058, -87.8008051, allowing for easy location verification and market analysis. The hotel operates under the Courtyard brand, benefiting from established brand recognition and operational systems. This offering is part of a larger portfolio, but is available for individual acquisition, providing flexibility for investors seeking a standalone asset. Further details regarding the property's financial performance and operational metrics can be found at the provided link (Note: Link removed as per instructions). This presents a unique chance to acquire a well-positioned hotel in a thriving market. The property's size and location make it an attractive prospect for both seasoned investors and those seeking to enter the hospitality sector. Serious inquiries are encouraged to explore this lucrative investment opportunity further. The property is classified as a hotel under the Hospitality property type. This is a turnkey operation ready for immediate ownership.

Property profile

Verified
Property type Hotels
Use group HOTEL
Year built 1987
Construction BRICK
Total area 353 SF
Lot 3.64 ac (158,428 SF)
APN 16-35-309-020
UPID US28-2384219

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant
  • Hotel & Motel
  • Gas Station

Location

1505 Lk Cook Rd Highland Park, IL 60035-4416
Highland Park metro Census 865801 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2026
Last sale
$7.4M
7 recorded transactions
2026
$7.4M
2024
Price N/A
2020
Price N/A
2006
$3.1M
2005
Price N/A
1998
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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