Red Roof Inn Morton Grove 9424 Waukegan Rd 53 Room Hotel Morton Grove, IL 60053 $4,100,000 ($77,358/Room)
EXECUTIVE SUMMARY
Morton Grove Village. Central location to everywhere.
Minutes to Woodfield Mall in Skokie. Blocks to interstate I-90, I-94, and I-294.
Located within a short distance to O’Hare International Airport. 2-Levels, 53-Fee-Simple hospitality rooms. Approximately 13,000 Sq. ft. of land, and approximately 17, 000 Sq ft. building.
Minutes to Woodfield Mall in Skokie. Blocks to interstate I-90, I-94, and I-294.
Located within a short distance to O’Hare International Airport. 2-Levels, 53-Fee-Simple hospitality rooms. Approximately 13,000 Sq. ft. of land, and approximately 17, 000 Sq ft. building.
PROPERTY FACTS
| Price | $4,100,000 |
| Price Per Room | $77,358 |
| Sale Type | Investment |
| Sale Condition | Bulk/Portfolio Sale |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.56 AC |
| Building Size | 19,580 SF |
| No. Rooms | 53 |
| No. Stories | 2 |
| Year Built/Renovated | 1959/2018 |
| Parking Ratio | 2.39/1,000 SF |
| Corridor | Exterior |
| Zoning | C2, Morton Grove |
AMENITIES
- Business Center
- Fitness Center
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 2 | $95.00 | - |
| Guest Room | 51 | $80.00 | - |
Walk Score®
Very Walkable (75)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $475,818 | |
| Land Assessment | $87,500 | Total Assessment | $563,318 |
