9424 Waukegan Road Morton Grove, IL ^$ 4,100,000

9424 Waukegan Road

^$ 4,100,000

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9424 Waukegan Road

Morton Grove, IL, 60053

^$ 4,100,000

Bedrooms-- Baths-- Sq 16,740

Monthly Estimate*

^$ 25,579

9424 Waukegan Road, Morton Grove, IL 60053 - Image 1

9424 Waukegan Road, Morton Grove, IL 60053 - Image 2

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9424 Waukegan Road, Morton Grove, IL 60053 - Image 6

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9424 Waukegan Road, Morton Grove, IL 60053 - Image 8

9424 Waukegan Road, Morton Grove, IL 60053 - Image 9

9424 Waukegan Road, Morton Grove, IL 60053 - Image 10

9424 Waukegan Road, Morton Grove, IL 60053 - Image 11

Commercial Property for sale in Morton Grove, IL

for $4,100,000. This 16,740 square foot building was built on a lot size of 0.286961.

The Red Roof Inn, Morton Grove/Chicago 2-Level hotel building, 53-rooms, within minutes to major roads, and interstates, short distance to O'Hare International Airport, offers a short distance to Chicago downtown with easy access to numerous attractions of Chicago such as Navy Pier, museums, theaters, Six Flags Great America, and Golf Mill shopping center. The Roof Inn Morton Grove provides comfortable accommodations with a variety of amenities, a practical choice for travelers visiting the Morton Grove area or transiting through O'Hare International Airport.

Commercial Active

Price

^$ 4,100,000

Property Type

Commercial

Taxes

^$ 76,614

Style

Hotel/Motel

Lot Size

0.286961

Town/City

Morton Grove

County/Region

Cook

MLS | Web ID

12322121

Features

General

Cooling Central Air

Possession Closing

Roof Composition

Zoning COMMR

Construction Materials Brick

Stories Count 2

Tax Year 2023

Current Use Commercial

Business Type Hotel/Motel

County Cook

Operating Expense 0

Property Type Business Opportunity Bus / Bus w/Real Est

Possible Use Commercial

Status Active

Directions Dempster St. north on Wukegan Rd. to address Golf Rd. south on Waukeegan Rd. to hotel address

City Morton Grove

MLS Area Morton Grove

Lot Size Square Feet 12500

Tax Annual Amount 76614

Additional Parcels Y/N N

Standard Status Active

Ownership Type Corporation

Exterior

Building Area Total 16740

Lot Dimensions 12500

Frontage Type County Road

Waterfront Y/N N

* Excluded Features

List By

Century 21 Circle

Broker

mark@chicagorealestatemarkets.com

Affordability Calculator

$31,963

Per Month

Monthly Principal & Interest: $25,579
Monthly Property Taxes: $6,385
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Morton Grove, IL

Average List Price ^$1,902,750

Percent of Sale Price 54%

About Morton Grove, IL

23,652 Population

5% Since 2002

^$77,634 Median Income

45.77 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/12/2025	$4,100,000		Listed Price

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9424 Waukegan Road, Morton Grove, IL, 60053 is a Commercial Property for sale at $4,100,000 with 16,740 sqft and a lot size of 0.286961. The property's zip code is 60053 which is in Morton Grove, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 12/9/2025.

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9424 Waukegan Road

Commercial Property for sale in Morton Grove, IL

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