6161 W Grand Ave - Hospitality FOR SALE
Gurnee, IL 60031 |
6161 W Grand Ave
Gurnee, IL 60031
HIGHLIGHTS
- Auction Site: https://rimarketplace.com/auction/2018/holiday-inn-chicago-north
- Currently operating under a short-term franchise agreement with IHG providing options for alternative branding.
- IHG is willing to offer a 15-year licensing agreement contingent upon the completion of the Property Improvement Plan.
- Great location in recovering the expanding suburban Lake County market with strong leisure and commercial demand drivers.
- Guest attendance at Six Flags has reportedly returned to pre-pandemic levels, and the nearby Gurnee Mills shopping mall is over 95% leased, according
FOR SALE DETAILS
PRICE
-
# OF ROOMS
-
CAP RATE
-
BUILDING DETAILS
PROPERTY NAME
Hotel Gurnee, Trademark Collection by Wyndham
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
303196
STORIES
4
ROOM ENTRANCE
Interior
BUILDING CLASS
B
YEAR BUILT
1970
PARKING SPACES
163
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
C-2
APN/PARCEL ID
07-16-101-151
