Commercial Sale For Sale - - - - Price $9,850,000

Basic Details

Property Type:

Commercial Sale

Listing Type:

For Sale

Listing ID:

12212729

Price:

$9,850,000

Year Built:

1970

Listing Status:

Active

Property Sub Type:

Mixed Use

Features

Cooling System

None,

Address Map

Country:

State:

County:

Lake

City:

Gurnee

Zipcode:

60031

Street:

Grand

Street Number:

6161

Longitude:

W88° 2' 42.8''

Latitude:

N42° 22' 59.3''

Directions:

Gurnee presents a unique opportunity to purchase 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.

Mls Area Major:

Gurnee

Mls Area Major:

Gurnee

Street Dir Prefix:

Zoning:

COMMR