$9,850,000
( )
 $52,877 est/mo Sourced by Back At You

6161 W Grand Avenue , Gurnee, IL 60031

Gurnee, IL 60031

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Description

Gurnee presents a unique opportunity to purchase and renovate the property at a price-per-pound basis well below replacement cost, maintaining the value-boosting Holiday Inn brand and unlocking the property's full NOI potential. Located less than five minutes from Six Flags Great America, and 30 minutes north from O'Hare International Airport, this interior property consists of 210-rooms, ample public space, including a restaurant and bar,10,000 square feet of meeting space, and Olympic sized indoor swimming pool (popular with the kids). The hotel receives business from a diverse set of both commercial and leisure segments with major demand drivers including Six Flags Great America, Six Flags, Gurnee Mills destination shopping center, as well as companies within the life science Abbott, Domino Amjet, Inc, Dynapar, Ohio Medical, advanced manufacturing, finance, distribution, logistics, clean energy and more. 15-Year Extension of the Holiday Inn flag available from IHG.

Details

MLS#12212729
Listing TypeFor Sale
StyleMixed Use
Sub-TypeResale
StatusPending
Year1970
Days On Site81
Listing Provided ByReal Broker, LLC | Robb Satten

Features

Story(s)4
Units4
ZoningCOMMR

Market Activity 60031

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Listings Checked: 2 minutes ago
StateIL
CountyLake
CityGurnee
Zip Code60031
AreaGurnee
Listing VS Median (in 60031)
Price:
$9,850,000
low | high
Med:
$316,500
100% of Average
On Site:
81
low | high
Med:
6.000000
100% of Average
Sourced by Back At You
Listing Updated: January 22, 2025 at 2:26:25 AM PST