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Hotel For Sale • 86,292 SF
| This 108-room Choice Hotels property offers strong returns in a growing market. |
| Situated at 1775 E. Belvidere Rd, Grayslake, IL, the hotel has high visibility off US 45 & IL 120 (23,000 AADT) with access to major highways. |
| Recent renovations include a new roof, flooring, bathroom tile, and hot water heaters. |
| With a 90% RevPAR index, the property has room for revenue increases to $2.3–$2.7M over five years. |
| Business, education, healthcare, and tourism drive occupancy. Attractions: Six Flags, Gurnee Mills, Lake County Fairgrounds. |
| With market expansion, renovations, and revenue potential, this property presents a high-value opportunity for investors. |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Prairie Crossing Station (MD-North) (Milwaukee District North Line - Northeast Illinois Regional Commuter Railroad (Metra)) | 4 min | - | 2.0 mi |
| Prairie Crossing Station (NCS) (North Central Service - Northeast Illinois Regional Commuter Railroad (Metra)) | 6 min | - | 2.3 mi |
| Airport | Drive | Walk | Distance |
| Chicago O'Hare International | 43 min | - | 32.9 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 109 |
| Type: | Surface |
| Included in Rent: | Yes |