Commercial Real Estate in Illinois available for sale
Motels For Sale

Motels for Sale in Illinois, USA

More details for Interstate 94, Gurnee, IL - Land for Sale

"Triangle" adj. to Six Flags, divisible site - Interstate 94

Gurnee, IL 60031

  • Motel
  • Land for Sale
  • 44.18 AC Lot
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More details for 1525 Nations Dr, Gurnee, IL - Land for Sale

Next to Great Wolf lodge - 1525 Nations Dr

Gurnee, IL 60031

  • Motel
  • Land for Sale
  • $2,749,540 CAD
  • 3.59 AC Lot

Gurnee Land for Sale - Far North

1525 Nations Drive offers a prime development opportunity on a 3.59-acre commercial lot in the heart of Gurnee, IL. Ideally positioned near the intersection of Dilley’s Road and Grand Ave and less than one mile from I-94, this site offers exceptional visibility with an average daily traffic count of approximately 66,000 vehicles. Zoned PUD & C-2 (Community Commercial District), accommodates a wide range of potential uses, including retail, services, food and hospitality, automotive, office, and medical. Nearby businesses include Target, Gurnee Mills Mall, The Home Depot, Key Lime Cove, Walmart, Starbucks, and Kiddie Academy. Gurnee is a thriving community in Lake County, Illinois, approximately 40 miles north of downtown Chicago, and along Interstate 94. Being a well-known destination within the Chicago metropolitan area, Gurnee offers an abundance of shopping and entertainment options. Great Wolf Lodge is adjacent to 1525 Nations Drive, and Six Flags Great America, which welcomed over 3.04 million visitors in 2024, is a 10-minute drive away. According to the 2020 Census, Gurnee had a population of 30,706, with recent estimates placing the number closer to 31,300, showing a population growth of 8.5% over the last decade. Consumers spent $1,388,374,946 billion on food and beverages, followed by $718,649,985 million on entertainment. Further enhancing regional connectivity, Gurnee also shares its border with the city of Waukegan. Supported by strong local demographics and consistent growth in Gurnee, 1525 Nations Drive offers access to major roadways, and popular retailers make it an ideal location for a diverse range of uses. With a solid foundation for future development in an established market, 1525 Nations Drive delivers a strategic location and an outstanding long-term value.

Contact:

Mon Ami Real Estate

Property Subtype:

Commercial

Date on Market:

2021-11-18

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More details for 101 E Adams St, Springfield, IL - Hospitality for Sale

State House Inn, Trademark Collection - 101 E Adams St

Springfield, IL 62701

  • Motel
  • Hospitality for Sale
  • $7,286,281 CAD
  • 103,282 SF
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More details for 721 Crimson Ln, Yorkville, IL - Land for Sale

Prairie Pointe Lot 4 | Yorkville - 721 Crimson Ln

Yorkville, IL 60560

  • Motel
  • Land for Sale
  • $2,335,734 CAD
  • 2.73 AC Lot
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More details for 865-895 Maplewood Dr, Itasca, IL - Retail for Sale

Irving Park Shopping Plaza - 865-895 Maplewood Dr

Itasca, IL 60143

  • Motel
  • Retail for Sale
  • $2,337,109 CAD
  • 12,484 SF
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More details for 15165 Quigley Rd, Sycamore, IL - Specialty for Sale

15165 Quigley Rd

Sycamore, IL 60178

  • Motel
  • Specialty for Sale
  • $3,780,618 CAD
  • 10,428 SF

Sycamore Specialty for Sale - Western East/West Corr

ENDLESS POSSIBILITIES AWAIT! ...A RARE OPPORTUNITY TO LIVE, WORK, AND DREAM ALL IN ONE PLACE! This is the perfect opportunity for the visionary buyer or entrepreneur ready to continue a long-time, turn-key business and/or bring an exciting new vision to life. Set on approximately 7 acres of breathtaking grounds, this property is a rare combination of beauty, versatility, and potential. From the moment you arrive, you'll be captivated by the manicured landscaping, gazebos, pergola, brick paver walkways, patios, and wildflower prairie that create a setting of timeless charm and natural elegance. Whether you're imagining weddings, events, retreats, or a boutique bed-and-breakfast, the possibilities here are truly endless. The banquet hall offers a covered entrance, bar, dance floor, stage, accessible restrooms, catering prep and serving rooms, laundry, and ample storage - everything you need to host unforgettable gatherings. A two-story barn offers even more potential, whether for creative repurposing or abundant storage. The property also features a picturesque chapel that seats up to 100 guests, a cottage with restrooms, a sound shed, lighted paved parking, and a 2.5-car garage. At the heart of it all is a stunning 3,200+ square foot residence that perfectly complements the grounds. This 4-bedroom, 4.5-bath home spans three stories of rich woodwork, beautiful windows, doors, and custom details. Inside, you'll find a formal living and separate dining room, a kitchen with island and walk-in pantry, a second eating area, a sunken family room with vaulted ceiling and gas fireplace, an office, and abundant storage throughout. Step onto the screened-in front porch with your favorite beverage and book to take in the sweeping countryside views that make this property so special or relax on the back deck to enjoy all this property has to offer! Meticulously maintained and filled with warmth and history, this property invites you to dream big - a bed and breakfast, an event venue, or your own private haven. LET YOUR IMAGINATION TAKE ROOT HERE, WHERE OPPORTUNITY, BEAUTY, AND POTENTIAL COME TOGETHER IN ONE TRULY EXTRAORDINARY SETTING!

Contact:

Coldwell Banker Real Estate Group

Property Subtype:

Lodge/Meeting Hall

Date on Market:

2025-11-04

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More details for 876 W State St, Jacksonville, IL - Hospitality for Sale

Villa DeWolf - 876 W State St

Jacksonville, IL 62650

  • Motel
  • Hospitality for Sale
  • $1,360,852 CAD
  • 11,982 SF

Jacksonville Hospitality for Sale

Villa DeWolf – Historic Italianate Estate | 876 W State Street, Jacksonville, IL 62650 Step into history with Villa DeWolf, a masterfully restored 1857 Italianate mansion located in the heart of Jacksonville, Illinois. With over 7,100 square feet of refined living and hospitality space, this iconic property blends architectural grandeur, modern systems, and strong investment potential. This stately estate features seven en-suite suites, ten fireplaces, and a sweeping grand foyer anchored by a suspended staircase and ornate millwork. Originally built as a private residence and later operated as Villa DeWolf Bed & Breakfast, the property has hosted guests from around the world. Each room tells its own story, adorned with intricate detail - from the rare “Monuments of Paris, 1820” wallpaper to the timeless brick façade and manicured 1-acre grounds. Investment Opportunity - Villa DeWolf offers multiple pathways for income and appreciation, making it ideal for investors seeking a 1031 Exchange property, value-add hospitality asset, or unique portfolio acquisition. 1031 Exchange Eligible: Because the property has been operated as a Bed & Breakfast, producing consistent annual revenue, it fully qualifies as an income-producing asset under IRS 1031 Exchange guidelines. Buyers looking to defer capital gains through the acquisition of a like-kind property can do so while investing in a historic, income-generating estate. High-Vacancy Value-Add Potential: The property is currently underutilized, operating well below its capacity — classifying it as a high-vacancy opportunity with significant upside. With seven rentable suites, event space, and grounds suitable for weddings or retreats, there’s potential to expand operations dramatically through professional management, marketing, and partnerships with local tourism boards or universities. Bed & Breakfast or Boutique Hospitality Use: For owner-operators, Villa DeWolf presents a turnkey opportunity to revive or rebrand the existing Bed & Breakfast business. The estate’s layout supports both private living quarters and guest accommodations. Common areas such as the great hall, library, and sunroom offer multiple hosting spaces, while the updated kitchen, dining areas, and carriage house enhance operational flexibility. Property Highlights 7,104± sq. ft. of finished space on 1.08 acres 7 private suites, each with a unique layout and restored bath 10 fireplaces, original millwork, and Italianate detailing throughout Historic suspended staircase and imported wall coverings Updated systems, roof, and mechanicals for modern functionality Detached 3-car garage and carriage house with additional potential Zoned for mixed or residential use, allowing continued hospitality operations Located near Illinois College, healthcare facilities, and historic downtown Jacksonville Financial Overview: According to 2023 financials, Villa DeWolf Bed & Breakfast generated approximately $49,840 in gross revenue, with $22,206 in operating expenses, resulting in a Net Operating Income (NOI) of $27,634 At the current asking price of $989,876, this reflects an approximate cap rate of 2.8% - with clear opportunity to increase revenue through improved occupancy and diversified event offerings. Potential pro forma models show that with modest increases in bookings and utilization of the estate for weddings, corporate retreats, or weekend events, the NOI could realistically double or triple within two years under active management. Market & Location: Jacksonville, Illinois, located approximately 35 miles west of Springfield, is a vibrant small city known for its deep historical roots, universities, and cultural attractions. Its stable tourism sector, combined with proximity to major highways and regional population centers, provides a sustainable foundation for boutique hospitality ventures. The surrounding area supports consistent visitor traffic from alumni events, weddings, and business travel tied to Illinois College and nearby Memorial Health facilities. Investors can take advantage of both short-term rental platforms and traditional hospitality channels to expand reach. Operational Flexibility, Villa DeWolf can serve as: A turnkey Bed & Breakfast or boutique inn, A luxury short-term rental or corporate retreat venue, A private residence with event-hosting income, A strategic 1031 replacement property with tangible appreciation potential The property’s zoning and condition allow immediate operation under multiple investment strategies, whether owner-managed or professionally staffed. Villa DeWolf represents a rare combination of history, beauty, and financial potential. With its proven income track record, high-vacancy repositioning opportunity, and eligibility for 1031 Exchange acquisition, it offers exceptional upside for discerning investors and hospitality entrepreneurs. Whether reimagined as a boutique inn, luxury retreat, or landmark residence, Villa DeWolf stands ready for its next chapter — an opportunity to own a piece of Illinois history that also performs as a modern investment.

Contact:

L. Merrick Group | Keller Williams Pinnacle

Property Subtype:

Bed and Breakfast

Date on Market:

2025-10-29

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More details for 3320 N Lewis Ave, Waukegan, IL - Retail for Sale

Starbucks - 3320 N Lewis Ave

Waukegan, IL 60087

  • Motel
  • Retail for Sale
  • $3,207,339 CAD
  • 2,360 SF

Waukegan Retail for Sale - Far North

New 10-year corporate net lease to Starbucks (NASDAQ: SBUX) with 10% scheduled rent increases in the primary term and option periods and limited landlord responsibilities. The property was constructed in 2023 and features a drive-thru component and outdoor patio. The subject property is located near the signalized hard-corner intersection of N Lewis Avenue and W Yorkhouse Road, which experience a combined traffic count of 29,700 vehicles per day. The site benefits from excellent visibility, significant street frontage, and a large pylon sign along N Lewis Avenue. The surrounding 5-mile trade area is home to approximately 150,000 residents and 43,000 employees, with an average household income of nearly $100,000, providing a strong and stable consumer base. The property sits outparcel to an Ace Hardware and Dollar Tree–anchored center, with additional national retailers in close proximity, including Target and Jewel-Osco (directly across), Taco Bell (adjacent), Burger King, T-Mobile, GNC, and more. The site is well-positioned near multiple schools and community amenities, generating consistent daily traffic. Nearby institutions include HR McCall Elementary (378 students), Little Fort Elementary (412 students), Oak Crest Elementary (430 students), and Howe Elementary (453 students). Additional nearby attractions such as Bevier Park & Sports Complex, Bonnie Brook Golf Course, and Greenshire Golf Course contribute to steady local activity. The property also benefits from proximity to several regional destinations, including Downtown Waukegan (4.5 miles), Waukegan Harbor & Marina (5 miles), the Lake County Forest Preserve & Greenbelt Cultural Center (6 miles), Six Flags Great America (7 miles), Great Wolf Lodge (8 miles), Gurnee Mills Mall (8.5 miles), and Pleasant Prairie Premium Outlets (12 miles).

Contact:

ParaSell, Inc.

Property Subtype:

Fast Food

Date on Market:

2025-10-27

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More details for 2200 S Court St, Grayville, IL - Hospitality for Sale

Quality Inn Grayville - 2200 S Court St

Grayville, IL 62844

  • Motel
  • Hospitality for Sale
  • $3,986,833 CAD
  • 61,583 SF
  • Fitness Center
  • Restaurant

Grayville Hospitality for Sale

This 60 unit, two-story interior-corridor hotel is located in Grayville, Illinois, within White County. Ideally situated between Louisville and St. Louis and just three miles from the Indiana border, the property offers convenient access to Interstate 64. The hotel is in excellent condition, having undergone numerous interior renovations, with only minimal updates remaining. The hotel is a solid concrete build, and all rooms were updated in 2019. The hotel has empty rooms for offices and maintenance, which could be converted into a large 4-5 room manager's apartment as well. Several amenities such as the bar, swimming pool, and restaurant are currently closed, presenting an opportunity for a new owner to reopen them and maximize profitability. Despite these closures, the property continues to offer a variety of guest amenities, including a fitness center, continental breakfast area, casino room, laundry facilities, and 147 parking spaces with dedicated truck and RV parking that generates additional income. Gaming machines produce approximately $25,000 of revenues annually. Grayville is historically known for its oil and gas drilling, among other demand generators in the area. The city is diversifying its economy through growth in renewable energy, such as wind and solar power, and advanced manufacturing. Local initiatives aim to attract technology firms and other emerging sectors to reduce dependence on traditional industries and create new employment opportunities.

Contact:

Amber Hotel Company

Property Subtype:

Hotel

Date on Market:

2025-10-27

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More details for 331 Plaza Cir, Mundelein, IL - Land for Sale

AREA Commercial Corner - 331 Plaza Cir

Mundelein, IL 60060

  • Motel
  • Land for Sale
  • $393,184 CAD
  • 0.88 AC Lot
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More details for 12474 Route 34, Plano, IL - Land for Sale

Prime Land - Route 34 - 12474 Route 34

Plano, IL 60545

  • Motel
  • Land for Sale
  • $1,648,349 CAD
  • 9.45 AC Lot
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More details for 340-358 W Maple St, New Lenox, IL - Retail for Sale

Lincoln-Way Center - 340-358 W Maple St

New Lenox, IL 60451

  • Motel
  • Retail for Sale
  • $9,485,913 CAD
  • 45,260 SF
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More details for 2625 Rock Creek Blvd, Joliet, IL - Retail for Sale

Former Burger King Restaurant - 2625 Rock Creek Blvd

Joliet, IL 60431

  • Motel
  • Retail for Sale
  • $1,649,724 CAD
  • 3,146 SF
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More details for 4343 Old Grand Ave, Gurnee, IL - Office for Sale

Viking Professional Center - 4343 Old Grand Ave

Gurnee, IL 60031

  • Motel
  • Office for Sale
  • $4,069,319 CAD
  • 20,627 SF

Gurnee Office for Sale - Far North

Building Description The Viking Professional Center (4343 Old Grand Avenue) is a two story, multi-tenant office/professional center now offered for sale. The subject property has space available for an owner occupant as well as potential for an investor. Current ownership has remodeled all common areas including the common bathrooms, from floor to ceiling, updated landscaping, fully replaced the parking lot and added a new roof in 2024. This +/- 20,672 sf. building sits on +/- 2.9 acres allowing for an expansion of the current structure or perhaps adding an additional structure to the property. The current structure is two stories with common staircases and elevator and a total of 19 units, currently it is +/- 75% occupied. +/- 5,000 Rentable sf. is currently available for a buyer to occupy with their business, more space could be made available, call for details. Location Description The Viking Professional Center (4343 Old Grand Avenue) is located in up and coming Gurnee, IL on the south side of Old Grand Avenue east of O’plaine Road and west of 1st Street. The subject building is approximately 1 mile west of Route 41 and 2 miles east of I-94 via Grand Avenue (Route 132). Gurnee, IL is located in Lake County, IL and considered a suburb of Chicago, IL located midway between Chicago, IL and Milwaukee, WI. Gurnee, IL is well known for being home to Great America, Great Wolf Lodge and Gurnee Mills shopping center.

Contact:

Marling Management, Inc.

Property Subtype:

Medical

Date on Market:

2025-07-02

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More details for 450 Coronado Dr, Rochelle, IL - Office for Sale

450 Coronado Dr

Rochelle, IL 61068

  • Motel
  • Office for Sale
  • $2,742,666 CAD
  • 10,050 SF
  • Natural Light
  • Reception

Rochelle Office for Sale - I-39 Corridor/Ogle County

Built in 2013 with high-quality construction standards, this outpatient clinic offers a turn-key opportunity with well-maintained building systems and impressive overall condition. Professionally landscaped grounds with irrigation create a welcoming, professional setting for patients, staff, or clients. Ideally located near the intersection of Interstate Highways 88 and 39, the property sits within a thriving commercial corridor surrounded by national retailers and hospitality providers including Walmart, Holiday Inn, McDonald's, Petro Travel Center, and more. This highly accessible location offers excellent visibility and convenience for a variety of users. The building’s current layout naturally divides into two suites of approximately 3,991 SF and 6,059 SF, separated by a spacious grand lobby. The flexible design allows for further subdivision into up to four suites to accommodate multiple tenants or specialty practices. Property Highlights: Built in 2013 – excellent condition with modern systems Professionally landscaped and irrigated grounds ±10,050 total net rentable square feet Flexible interior configuration (2 to 4 suites possible) Grand main lobby with abundant natural light Dedicated staff entrances to larger suites 25-person training/community room Reception area with sliding glass check-in window Covered canopy drop-off area for patient convenience 45 on-site parking spaces Average daily traffic of 6,800 vehicles per day This property offers immediate occupancy potential with flexibility for a wide range of medical, office, or professional service uses. Whether single-user or multi-tenant, the adaptable design supports long-term functionality and value. Contact Tom Ewing for additional details or to schedule a private tour.

Contact:

Gambino Realtors - Commercial Division

Property Subtype:

Medical

Date on Market:

2025-07-01

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More details for 1015 N Bridge St, Yorkville, IL - Land for Sale

Land Development - 1015 N Bridge St

Yorkville, IL 60560

  • Motel
  • Land for Sale
  • $3,560,654 CAD
  • 3.68 AC Lot
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More details for 100 Coles Centre Pky, Mattoon, IL - Hospitality for Sale

Hilton Garden Inn Mattoon - 100 Coles Centre Pky

Mattoon, IL 61938

  • Motel
  • Hospitality for Sale
  • $24,608,384 CAD
  • 105,096 SF
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More details for 2306-2332 Hassell Rd, Hoffman Estates, IL - Retail for Sale

2306-2332 Hassell Rd

Hoffman Estates, IL 60169

  • Motel
  • Retail for Sale
  • $5,154,013 CAD
  • 20,400 SF

Hoffman Estates Retail for Sale - Schaumburg Area

Strauss Realty, Ltd. has been exclusively engaged to market for sale 2306–2332 Hassell Road, an 11-unit, 20,438 square foot neighborhood shopping center located just blocks from the I-90 Barrington Road interchange in Hoffman Estates, Illinois. The property is currently 93.8% leased, with two remaining vacancies at 3,090 total square feet of vacancy (one unit of which is currently under LOI). Tenants include national and regional operators such as 7-Eleven and State Farm, offering a strong mix of service-oriented and daily-needs retailers. Investor Highlights - The center is being offered at an 7.97% capitalization rate, presenting immediate yield with near-term upside through full lease-up. Proforma 2026 Cap Rate 8.11%. Recent capital improvements include a fully repaired parking lot with 111 spaces, upgraded lighting across the entire property, and a new rooftop HVAC unit installed in May 2023 with a 5-year warranty. In the summer and early fall of 2022, the parking lot underwent significant repairs including sewer line work, repaving, and striping. There are no capital expenditures anticipated in the near term. Most tenants operate under modified gross leases with recoverable expenses, providing stable and predictable income. Unbeatable Location. Situated in the heart of the Golden Corridor, the property benefits from strong demographics and easy access to major thoroughfares. With durable in-place cash flow, limited near-term rollover, and strong surrounding fundamentals, 2306–2332 Hassell Road represents an attractive suburban retail investment opportunity.

Contact:

Strauss Realty

Property Subtype:

Storefront

Date on Market:

2025-06-23

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More details for 1802 Bittle Pl, Marion, IL - Hospitality for Sale

Americas Best Value Inn Marion, IL - 1802 Bittle Pl

Marion, IL 62959

  • Motel
  • Hospitality for Sale
  • $4,055,572 CAD
  • 55,049 SF
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More details for 22250 Gougar Rd, New Lenox, IL - Land for Sale

8+ Acres NW Corner of Laraway and Gougar - 22250 Gougar Rd

New Lenox, IL 60451

  • Motel
  • Land for Sale
  • $1,993,417 CAD
  • 8.65 AC Lot
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