Gurnee, IL 60031 6161 W Grand Avenue
$9,850,000
Pending



5 more






Presented By: Real Broker, LLC
Home Details
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.
Presented By: Real Broker, LLC
General for 6161 W Grand Avenue
Additional Parcels Y/NNo
CityGurnee
CoolingNone
CountyLake
DirectionsGurnee 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 f
ElectricOther
Electric Expense
Fuel Expense
Gross Income
Insurance Expense
Lot Size Square Feet231044
MLS AreaGurnee
Number Of Units Total4
Property SubtypeMixed Use
Property TypeCommercial Sale
Property TypeMixed Use
Standard StatusPending
StatusPending
Stories4
Tax Annual Amount0
Tax Year2023
Trash Expense0
Water Sewer Expense0
Year Built1970
ZoningCOMMR
Exterior for 6161 W Grand Avenue
Lot Dimensions600 X 399.3
Additional Details
Price History
