Active

Price Change

6161 W Grand Avenue

Gurnee IL, 60031

$9,850,000


Active

Price Change

Other

Built in 1970

Courtesy of Real Broker, LLC

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.

12212729

MLS ID

November 20, 2024

Listed

December 19, 2024

Updated

Map

6161 W Grand Avenue
Gurnee IL, 60031

Interior Features

Total Stories

4


Fireplace

No


Cooling

No


Cooling Description

None


Heating

No

Exterior/Building Features

Lot Size

5.3 Acres

Other Property Details

Area Name

Gurnee


Days on Market

32


Garage

No


View

No


County

Lake


Pool

No


Zoning

COMMR

Listing History

Date

Event

Price

12/19/2024

Price change

$9,850,000

0%

Courtesy of Real Broker, LLC, Robb Satten,
Listing Contact: (847) 875-8201 

The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than Hering Homes Team are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

Based on information submitted to the  MLS GRID for MRED 12/19/2024. All data is obtained from various sources and has not been, and will not be, verified by broker, MRED or MLS GRID. MLS Grid and MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

©2024 Listings Courtesy of MRED as distributed by MLS GRID. All rights reserved.

Data last updated 7:39 PM UTC, 12/19/2024

 

 

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