Rock Falls Hospitality for Sale

Fully renovated and newly rebranded to Best Western, this turnkey asset combines upgraded interiors with a nationally recognized flag, offering immediate income potential and strong market positioning.

Property Subtype:

Hotel

Date on Market:

2026-03-18

Glen Carbon Hospitality for Sale - Illinois

Property Subtype:

Hotel

Date on Market:

2026-03-12

Hillside Hospitality for Sale - Melrose Park Area

An exceptional opportunity to acquire a well-positioned, branded select-service hotel in one of the nation’s busiest airport submarkets. The Holiday Inn Express® Chicago O’Hare Airport-South offers 24/7 demand from business, leisure, and airport-related travel. Just minutes from O’Hare International Airport with complimentary shuttle service, the property benefits from consistent year-round occupancy and strong brand recognition under IHG Hotels & Resorts. The hotel features renovated guest rooms, complimentary breakfast, fitness center, business amenities, and flexible meeting space. Its strategic location provides easy access to downtown Chicago, the Donald E. Stephens Convention Center, and major corporate headquarters, making it a reliable performer in the Chicago hospitality market.

Property Subtype:

Hotel

Date on Market:

2026-02-26

Willowbrook Hospitality for Sale - Joliet/Central Will

Champagne Lodge & Luxury Suites is an independent, well-established boutique hospitality property located along the I-55 corridor in Willowbrook, Illinois. The property is currently configured with 35 guest suites, each equipped with a private in-room jacuzzi, with three suites featuring private in-room pools. The property operates under a differentiated business model that does not function as a traditional hotel. As a result, the operation generates materially stronger revenue and profitability metrics relative to conventional hotels of similar size and class. The property benefits from long-standing brand recognition and a proven operating history. A new owner will be stepping into an established, highly lucrative business with an existing customer base and operating infrastructure already in place. The hotel is situated on approximately 2.28 acres in an unincorporated area of DuPage County. Due to its unincorporated status, applicable lodging and sales taxes differ from those imposed by nearby incorporated municipalities, which can provide meaningful operational advantages. Buyers are encouraged to independently verify all tax rates and related implications with local authorities. The property contains approximately 18,000 square feet of existing improvements and is reportedly permitted for up to approximately 25,000 square feet of total building area, providing potential future expansion capacity subject to buyer verification of zoning, permits, and approvals. Buyers should independently verify building size, zoning compliance, permitted uses, and expansion rights as part of their due diligence. Seller reports recent capital improvements including room renovations completed within the past year, upgrades to multiple HVAC systems, installation of tankless water heaters, and maintained basement areas providing accessible plumbing and electrical systems. Buyers should conduct their own inspections to verify the scope, timing, and condition of all improvements. The offering includes a C liquor license, which seller states is transferable. The use, transferability, and value of the license are subject to local and state regulatory approval, and buyers are advised to confirm all licensing details with the appropriate authorities. In addition to its current performance, the property presents multiple opportunities for operational and revenue upside depending on ownership strategy. Champagne Lodge is being offered as an operating hospitality property. Financial information and additional property details will be made available upon execution of a confidentiality agreement.

Property Subtype:

Hotel

Date on Market:

2026-01-28

Burbank Specialty for Sale - Near South Cook

An established and highly regarded banquet and wedding venue, Martinique Banquets has been a premier destination for weddings, banquets, and special events on Chicago’s southwest side for many years. This beautifully maintained facility offers everything needed to host unforgettable events in a turnkey, revenue-generating operation. The proper ty features two elegant banquet rooms, on-site bakery (yes, they can even make your wedding cake!), and modern, fully equipped kitchen facilities. Spanning approximately 17,000 square feet , the building sits on a generous lot with ample parking and includes a lovely outdoor wedding garden—perfect for photos and ceremonies. The building is fully sprinklered and well-maintained throughout . Both the real estate and business—including all fixtures, furnishings, and equipment—are being sold together , offering an exceptional opportunity to acquire a successful, long-established venue with strong cash flow and a loyal clientele.

Property Subtype:

Lodge/Meeting Hall

Date on Market:

2025-12-16

Chester Land for Sale

Property Subtype:

Commercial

Date on Market:

2025-12-08

Burlington Retail for Sale - Western East/West Corr

For sale is the Art & Almas building. There are two apartments rented on the second level and one restaurant on the main level which is available to operate. Most of the building was updated: HVAC / Ducting / Carpeting / Paint / Mechanicals / Updated Roof / Tuckpointing / Replaced windows / Fully improved restaurant

Property Subtype:

Storefront Retail/Residential

Date on Market:

2025-11-12

Barry Land for Sale

An interstate commercial land opportunity at I-72 Exit 20 in western Pike County, Illinois —strategically positioned development sites in the region. 17.29± contiguous acres zoned B-2 Highway Business offer high visibility and direct access from I-72, the primary east-west corridor through west-central Illinois connecting Quincy and Springfield. The site sits immediately adjacent to the Exit 20 cloverleaf with over 3,000 feet of combined highway and county road frontage along I-72 and County Route #4. Topography is flat-to-gently-rolling at approximately 710–730 feet elevation. City water, city sewer, and electric on site, making this a shovel-ready commercial site. The seller is the regional power provider and is motivated to attract employment-generating commercial development. Barry Dental Care recently acquired 2.0 acres for an incoming dental clinic, validating the site’s commercial readiness and catalyzing the City of Barry to commit to paving and annexing the access road. Immediately north lies the Ascend Wellness Holdings cannabis cultivation and production facility on Revolution Road — a major regional employer generating consistent weekday commuter and vendor traffic. The site is within the Barry TIF District and Pike County Enterprise Zone. Permitted uses: hotel/motel, sit-down restaurant, medical/professional office, retail, pharmacy, and light industrial. Located off I-72 – Exit 20 in Western Pike County, Illinois. The site is in a TIF and Enterprise Zone. The Barry City Fathers are aggressive and forward-thinking.

Property Subtype:

Commercial

Date on Market:

2025-09-26

Gilman Industrial for Sale

A piece of history being the oldest surviving commercial structure in Gilman - originally a flax mill -and several other businesses since. Currently empty the huge stone structure lends itself to banquet hall, restaurant, motel and many other innovative businesses

Property Subtype:

Manufacturing

Date on Market:

2025-05-21

Farmer City Land for Sale

Vacant commercial opportunity. 1.75 acres ready for development. Currently generating income. 8100/annual income from a billboard agreement and parking agreement. 292' of highway frontage. Less than one half mile from the interstate, accompanied by a Days Inn, Casey's Gas Station, Hucks Gas Station with access for semis, and a Dollar General. It's the second lot off a primary intersection that intersects 2 highways. Highway 54 and US Highway 150. Great place for strip mall, flex space, gas station, storage, restaurant, slots.

Property Subtype:

Commercial

Date on Market:

2025-04-17

Marshall Retail for Sale

Take note: Select photos have been virtually staged to showcase potential possibilities. Don’t miss this exceptional opportunity just steps from Mill Creek Lake and Park. Previously a restaurant, this versatile property is ready to be reimagined to fit your vision. Whether you’re seeking a full-time residence, weekend retreat, or investment, the location offers a unique blend of lifestyle and opportunity. Envision converting the space into a home just across from the park, with boating, fishing, and scenic sunsets nearby. The flexible layout also lends itself to a vacation rental, Airbnb, or live-work setup. Entrepreneurs will appreciate the visibility and potential to reopen as a restaurant or transform into a café, convenience store, or event space. Additional possibilities include a hunting lodge or private getaway.A setting like this, paired with endless potential, is hard to find.

Property Subtype:

Restaurant

Date on Market:

2025-02-28

Le Roy Land for Sale

Located in the welcoming community of LeRoy, Illinois, this approximately 10-acre parcel of farmland presents a unique opportunity for redevelopment. Situated near I-74, the site offers excellent accessibility for both residential and commercial projects. Its proximity to established amenities, including a Holiday Inn Express, Days Inn, and various dining options ranging from fast food to family restaurants, adds to its appeal for potential development. The property benefits from access to full utilities, including water, sewer, gas, electric, and telecommunications, all of which can be extended to support future development needs. Additionally, the City of LeRoy is open to discussions regarding potential tax incentives for qualifying projects, offering added flexibility and value to investors. LeRoy is a well-rounded community with quality schools, a small-town atmosphere, and a strategic location that combines convenience and connectivity.

Property Subtype:

Commercial

Date on Market:

2024-12-18

Chicago Ridge Specialty for Sale - Near South Cook

Very well established family banquet facility with maximum 300 occupancy. Situated on 38,150 SQ ft lot. Banquet is dividable into 3 rooms depending on event size. Two bars and dance floors located on opposite ends. Fully equipped kitchen. Business is open and currently scheduling events regularly. Many early repeat customers. The property offers on-site parking. Please do not contact staff directly. Call listing agent. Sale includes 9 lots: 24-17-118-009-0000, 24-17-118-010-0000, 24-17-118-011-0000, 24-17-118-012-0000, 24-17-118-013-0000, 24-17-118-014-0000, 24-17-118-053-0000, 24-17-118-055-0000, 24-17-118-057-0000. BUYER MUST BE PRE-APPRV 0R HAVE PROOF OF FUNDS.

Property Subtype:

Lodge/Meeting Hall

Date on Market:

2022-05-10

Bloomington Hospitality for Sale

Property Subtype:

Hotel

Date on Market:

2026-08-17

Crestwood Hospitality for Sale - Near South Cook

INVESTMENT HIGHLIGHTS: Upper Midscale Brand Affiliation: A four-story, 123-room Holiday Inn Express operating under the IHG Hotels & Resorts platform. Strategic Chicago Submarket Location: Positioned in a southwest Chicago suburb with access to major interstate corridors including I-294, I-57, I-80, and I-90/I-94. Strong Corporate Demand Drivers: Near major employers including Coca-Cola, Alsip MiniMill LLC, Northwestern Medicine Palos Hospital, and Advocate Christ Medical Center. Education and Institutional Demand: Nearby Moraine Valley Community College, Trinity College, and St. Xavier University. Airport Accessibility: Approximately nine miles from Chicago Midway International Airport and 32 miles from O’Hare International Airport. Public Transportation Access: Close to Robbins and Oak Forest Metra stations providing convenient access to downtown Chicago. Comprehensive Amenity Package: Indoor pool, fitness center, business center, meeting space, and guest laundry, supporting both business and leisure travelers. Heightened Room Revenue: Between year-end 2024 and year-end 2025, the hotel experienced a notable 11.0 percent increase in room revenue. This trend presents several advantages for potential buyers, including additional capital for renovations and enhanced cash flow. Elevated RevPAR Penetration: The hotel boasts a strong RevPAR penetration index of 105.2 percent vs. the STR Comp Set for the twelve months ending in December 2025, signaling robust competitive performance and attractive long-term value for potential buyers. INVESTMENT OVERVIEW: INVESTMENT OVERVIEW As the exclusive representative of the seller, Marcus & Millichap is pleased to present for sale to qualified investors the Holiday Inn Express Crestwood (‘Hotel’ or ‘Property’) located at 13330 S Cicero Avenue in Crestwood, Illinois. The upper-midscale, IHG Hotels & Resorts–branded Hotel is offered on a “Request for Offers” basis. Please reach out to the listing agent for more information. Situated on approximately 1.97 acres, the Property features 123 guest rooms across four stories totaling approximately 47,971 square feet. Originally constructed in 1992 and renovated in 2024, the Property offers a wide variety of amenities, including an indoor swimming pool, fitness center with state-of-the-art equipment, business center, approximately 1,200 square feet of meeting space, and on-site laundry facilities. The Property benefits from strong accessibility, located just off Interstate 294 with convenient connections to I-57, I-80, and I-90/I-94, and is approximately nine miles from Chicago Midway International Airport and 32 miles from O’Hare International Airport. The Property is strategically positioned near a diverse set of major employers, such as Advocate Christ Medical Center, Northwestern Medicine Palos Hospital, Coca-Cola, and Alsip MiniMill LLC. Educational institutions nearby the Hotel include Moraine Valley Community College, Trinity College, and St. Xavier University, which further contribute to year-round visitation. The Hotel also benefits from proximity to entertainment and leisure attractions including Ozinga Field, Club Hawthorne Crestwood & Fanatics Sportsbook, In The Game Hollywood Park, and various retail and dining options in the surrounding area. Access to public transportation is enhanced by the nearby Robbins Metra Station (approximately 3 miles) and Oak Forest Metra Station, providing convenient connectivity to downtown Chicago and supporting both commuter and visitor travel demand. Crestwood is a well-positioned southwest suburb of Chicago located within Cook County, benefiting from proximity to one of the largest and most diverse metropolitan economies in the United States. The area offers strong regional connectivity via major interstates, rail systems, and two major airports, making it an attractive location for business and transient travelers. With access to a large labor pool and established commercial infrastructure, the local economy is primarily supported by healthcare, manufacturing, logistics, and retail sectors. Crestwood’s proximity to downtown Chicago allows it to capture both overflow demand and cost-conscious travelers, while its suburban setting provides convenience and accessibility. With strong transportation linkages, a diverse employment base, and continued investment in surrounding communities, Crestwood represents a stable and resilient lodging submarket within the greater Chicago MSA. BROKER OF RECORD Steven Weinstock Illinois Lic #: 471.011175 P: (630) 570-2200

Property Subtype:

Hotel

Date on Market:

2026-04-13

Algonquin Hospitality for Sale - Far Northwest

INVESTMENT HIGHLIGHTS: Upper Midscale Brand Affiliation: A three-story, 86-room Holiday Inn Express & Suites situated on approximately 2.12 acres. Recent $4 Million Comprehensive Renovation: Completed across 2023 and 2024, the hotel underwent extensive interior and exterior upgrades, including fully renovated guest rooms, meeting space, and significant parking lot improvements, resulting in a minimal anticipated PIP for a new owner. IHG Hotels & Resorts Platform: Globally recognized brand with strong reservation systems and loyalty program support. Corporate Demand Drivers: Proximity to Young Innovations headquarters and other regional businesses supporting weekday occupancy. Retail and Lifestyle Attractions: Located near Algonquin Commons, a major open-air shopping and dining destination. Outdoor Recreation Demand: 28 miles from the Fox River recreation corridor, offering boating, fishing, and trail activities. Event and Festival Visitation: Founders’ Days festival and community events generate seasonal lodging demand. Sports and Recreation Facilities: Near Snapper Field baseball complex, Lions Armstrong Memorial Pool, and Exner Marsh Nature Preserve. Airport Accessibility: Approximately 29 miles from Chicago O’Hare International Airport supporting regional and corporate travel. Comprehensive Guest Amenities: Indoor pool, fitness center, business center, guest laundry, and meeting space supporting both business and leisure travelers. INVESTMENT OVERVIEW: As the exclusive representative of the seller, Marcus & Millichap is pleased to present for sale to qualified investors the Holiday Inn Express & Suites Chicago–Algonquin (‘Hotel’ or ‘Property’) located at 2595 Bunker Hill Drive in Algonquin, Illinois. The upper midscale IHG Hotels & Resorts–branded hotel is offered on a “Request for Offers” basis. Please reach out to the listing agent for more information. Situated on approximately 2.12 acres, the select-service hotel features 86 guest rooms across three stories and encompasses approximately 49,009 square feet. The Property was originally constructed in 2001 and offers a variety of common area amenities, including an indoor swimming pool, fitness center, business center, on-site guest laundry, and approximately 690 square feet of meeting space. The Property benefits from proximity to several nearby demand generators that support consistent lodging demand. Corporate travel is supported by Young Innovations headquarters, while retail and dining traffic is driven by Algonquin Commons, a major open-air lifestyle shopping mall. Nearby event-driven visitation stems from Founders’ Days, one of the region’s largest annual festivals, along with sports and recreation facilities such as Snapper Field baseball complex, Lions Armstrong Memorial Pool, and Exner Marsh Nature Preserve. Recreational and tourism demand is generated by regional attractions like the Fox River corridor (28 mi), which offers outdoor activities including boating, kayaking, fishing, and trails. The Hotel also benefits from convenient access to regional transportation infrastructure and is located approximately 29 miles from Chicago O’Hare International Airport, supporting both corporate and transient travel demand. Algonquin, Illinois, is a rapidly growing northwest suburb of Chicago located primarily within McHenry and Kane counties, approximately 45 miles northwest of downtown Chicago. The community benefits from strong regional connectivity, access to major transportation corridors, and a highly desirable suburban environment that supports residential and commercial growth. Algonquin is part of the broader Chicago metropolitan economy, one of the largest and most diverse in the United States, with key sectors including professional services, manufacturing, healthcare, logistics, and technology. The local economy is supported by a mix of corporate employers, retail centers, and recreational amenities that contribute to steady visitation. Top employers in the region include Centegra Health Systems, Snap-On Tools Co., Young Innovations, and Fermi Research Alliance, which operates a particle accelerator and research facility with about 1,700 employees. With its strong suburban demographics, expanding commercial base, and proximity to major Chicago-area employment centers, Algonquin remains an attractive and resilient lodging market within the greater Chicago metropolitan region. BROKER OF RECORD Steven Weinstock Illinois Lic #: 471.011175 P: (630) 570-2200

Property Subtype:

Hotel

Date on Market:

2026-04-13

St Charles Office for Sale - Western East/West Corr

57,960 SF industrial/flex building situated on a 4.27-acre parcel in Kane County (St. Charles). The property was constructed in 2001 and is zoned M-2, allowing for a wide range of industrial and commercial uses. Current occupancy is approximately 35% (20,529 SF available). The site offers 4.28 parking spaces per 1,000 SF, totaling approximately 256 parking spaces. Parcel ID: 09-25-401-038.

Date on Market:

2026-04-10

Princeton Portfolio of properties for Sale - Bureau County

Sale or Lease: Price Subject to Offer Retail Development Sites (19 lots - 30 acres) Available. Adjacent to McDonald's, Burger King, Wal-Mart, Subway, Health Clinics, Banks, Culver's...etc. Southeast Quadrant of I-80 & IL-26 interchange. Easy access to/from I-80. Fully Improved. Possible Joint Venture / Co-Development Agreement. All acres/lots are contiguous.

Date on Market:

2024-11-15

Williamsville Land for Sale

High traffic interchange on Interstate 55-Exit 109 between Chicago and St. Louis-63,000+VPD. Land prices are ranging between $3.50/sf and $6/sf. Seller flexibility for lot sizes. Love's Truck Stop/McDonald's and Huddle House are the other tenant's currently located on-site. Developer seeking 60-90 room hotel/motel or any food options, also any highway services business. Listing Broker is the Managing Broker. No convenience stores or gas/fuel stations per covenants. Southwest quadrant of interchange at Exit 109 on Interstate 55.

Property Subtype:

Commercial

Date on Market:

2007-05-24