6161 West Grand Avenue
$9,850,000
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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...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.
- Listed by Robb Satten • Real Broker, LLC • (847) 875-8201
- Listed by Dan Winkowski • Real Broker LLC
Property Details for 6161 West Grand Avenue
Area
Gurnee
ZoningCOMMR
LISTING UPDATED: 12/19/2024 01:01 PM
Property Details for 6161 West Grand Avenue
Status | Price Change |
---|---|
MLS # | 12212729 |
Days on Market | 34 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Mixed Use |
MLS Type | Commercial Sale |
Year Built | 1970 |
Lot Size | 5.30 AC / 231,044 SF |
County | Lake County |
Building Information for 6161 West Grand Avenue
Stories4Residences4Year Built1970Lot Size5.30 AC / 231,044 SF
Property Information for 6161 West Grand Avenue
Property History for 6161 West Grand Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 6161 West Grand Avenue
This home is within Warren Twp Hsd 121 School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | 1 to 3 | |||
Public - | 4 to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Woodland Elementary School Public1 to 3 | ||
Woodland Intermediate School Public4 to 5 | ||
Woodland Middle School Public6 to 8 | ||
Warren Township High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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