IL
Lake
Gurnee
60031
6161 W Grand Avenue
6161 W Grand Avenue, Gurnee, IL 60031
Listing Type
Commercial/Industrial
Listing Status
pending
10
$9,850,000

Home Details for 6161 W Grand Avenue

Price
$9,850,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
0.0
Square feet
NaN
Year built
1970
County
Lake
Garage
Days on site
108
MLS Listing#
12212729
Listing Courtesy: Real Broker, LLC - 217-960-8605
Property 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.

Property Features
  • Cooling Information
    • None
Midwest Real Estate Data logo Based on information submitted to the MLS GRID as of 2025-01-31 08:12:36. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.
Last Updated: 2025-01-31 08:12:36
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EXIT REALTY 365
22000 North Pepper Rd, Barrington, IL 60010
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