6161 Grand Ave, Gurnee, IL 60031
This exceptional investment opportunity presents the chance to acquire and revitalize the Holiday Inn Chicago North, a 210-room hotel ideally situated in Gurnee, Illinois. Boasting a prime location just five minutes from the renowned Six Flags Great America theme park and a convenient 30-minute drive from O'Hare International Airport, this property enjoys unparalleled access to a large and diverse customer base. The hotel itself encompasses a substantial 151,598 square feet and features extensive public areas designed to cater to a wide range of guests and events. These amenities include a full-service restaurant, providing a convenient dining option for guests and locals alike. Furthermore, the property boasts an impressive 10,000 square feet of flexible meeting space, perfectly suited for conferences, corporate events, and social gatherings. An indoor swimming pool adds to the hotel's appeal, offering guests a relaxing and enjoyable amenity. The strong performance of this hotel is further supported by the robust local economy, fueled by the proximity to major attractions and significant employers such as Abbott and Ohio Medical. This presents a unique opportunity for an investor seeking a high-potential property in a thriving market. The asking price for this substantial property is $9,950,000. The property sits on a 0-acre lot. This is a rare chance to acquire a well-established hotel with significant upside potential in a highly desirable location.
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Corporate Meetings & Events Gurnee Hotel & Motel Resort
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Holiday Inn Chicago North - Gurnee, an IHG Hotel Hotel & Motel
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.