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$9,800,000
4 Days On Site

6161 W Grand Avenue
Gurnee, IL 60031

For Sale|Mixed Use|Active
0
Beds
0
Full Baths
0
Partial Baths

SqFt

/SqFt
1970
Built
County:
Lake
Listing Courtesy of MRED as distributed by MLS Grid of Real Broker, LLC

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6161 W Grand Avenue6161 W Grand Avenue6161 W Grand Avenue6161 W Grand Avenue
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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.

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Listing Snapshot
Price 
$9,800,000
Days On Site 
4 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1970
MLS® Number 
12212729
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
12 hours agoListing updated with changes from the MLS®
4 days agoListing first seen on site
General Features
Number Of Stories 
4
Property Sub Type 
Mixed Use
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Community Features
MLS Area 
Gurnee
Listing Courtesy of MRED as distributed by MLS Grid of Real Broker, LLC



Based on information submitted to the MLS GRID as of 2024-10-30 12:00 AM UTC. 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.
Data last updated: 2024-10-30 12:00 AM UTC
MRED DMCA Copyright Information Copyright © 2024 Midwest Real Estate Data LLC. All rights reserved.

Neighborhood & Commute
Source: Walkscore
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