6161 W Grand Ave | Gurnee, IL 60031
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This Hospitality Property is no longer advertised on LoopNet.com.
6161 W Grand Ave
Gurnee, IL 60031
Hotel Gurnee, Trademark Collection by Wyndham · Hospitality Property For Sale
·
303,196 SF

INVESTMENT HIGHLIGHTS
- Auction Site: https://rimarketplace.com/auction/2018/holiday-inn-chicago-north
- IHG is willing to offer a 15-year licensing agreement contingent upon the completion of the Property Improvement Plan.
- Guest attendance at Six Flags has reportedly returned to pre-pandemic levels, and the nearby Gurnee Mills shopping mall is over 95% leased, according
- Currently operating under a short-term franchise agreement with IHG providing options for alternative branding.
- Great location in recovering the expanding suburban Lake County market with strong leisure and commercial demand drivers.
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 4 |
| Property Subtype | Hotel | Year Built/Renovated | 1970/2025 |
| Building Class | B | Parking Ratio | 1.32/1,000 SF |
| Lot Size | 3.99 AC | Corridor | Interior |
| Building Size | 303,196 SF | ||
| Zoning | C-2 - Community Commercial District | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 3.99 AC |
| Building Size | 303,196 SF |
| No. Stories | 4 |
| Year Built/Renovated | 1970/2025 |
| Parking Ratio | 1.32/1,000 SF |
| Corridor | Interior |
| Zoning | C-2 - Community Commercial District |
AMENITIES
- Business Center
- Fitness Center
- Pool
- Restaurant
- High Speed Internet Access
- Patio
- On-Site Bar
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Hot Tub
PROPERTY TAXES
| Parcel Number | 07-16-101-151 | Improvements Assessment | $1,553,023 |
| Land Assessment | $623,448 | Total Assessment | $2,176,471 |
PROPERTY TAXES
Parcel Number
07-16-101-151
Land Assessment
$623,448
Improvements Assessment
$1,553,023
Total Assessment
$2,176,471
Listing ID: 31863238
Date on Market: 5/20/2024
Last Updated:
Address: 6161 W Grand Ave, Gurnee, IL 60031
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