6161 W Grand AVE Gurnee, IL 60031

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Cristina Gluszek

cristinagluszek@gmail.com +1(815) 557-3821

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Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 12212729

Year Built 1970

Tax Year 2023

Lot Dimensions 600 X 399.3

Property Sub-Type Mixed Use

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.

Location

State IL

County Lake

Area Gurnee

Zoning COMMR

Interior

Cooling None

Fireplace N

Building

Dwelling Type Mixed Use

Level or Stories 4

Listed by Robb Satten • Real Broker, LLC