Financial
Distress signals
Property profile

9110 Waukegan Rd Morton Grove, IL 60053

FOR SALE
Motels
Property ID
US28-0263699
0.86 ac lot Built 1968
Last sale Jul 2022 · $2,350,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The Super 8 hotel property at 9110 Waukegan Road in Morton Grove, Illinois is a two-level hospitality building with 40 rooms and an on-site parking lot. It is positioned along a primary road corridor with convenient access to major regional routes and interstates, and it is located within commuting distance of O’Hare International Airport and downtown Chicago. The surrounding area includes entertainment, cultural, and retail destinations such as Navy Pier, local museums and theaters, Six Flags Great America, and the Golf Mill shopping center.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$108k
Tax billed · 2022
Assessed value$417k
Assessed land$132k
Assessed improvement$285k
Effective rate25.99%

Value estimate

· Sep 2026
$2.54M
$2.28M – $2.79M
AI approach$2.61M
NOI build-up
Gross scheduled income$352k
Vacancy & credit loss−$44k
Operating expenses−$162k
NOI · 3.87% cap applied$146k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$172/SF
County average, outlier-cleaned · 37 recorded sales of this use type
Observed band · Q1–Q3$131 – $226

Cap rate analysis

How does the asset earn?
3.87%
$146k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionCOOK

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency14.8
Law Firm11.1
Parking Facility10.1

Location

9110 Waukegan Rd Morton Grove, IL 60053
County assessor Recorded deeds · 11 transfers Comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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