1775 E Belvidere Rd | Grayslake, IL 60030
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1775 E Belvidere Rd
Grayslake, IL 60030
Comfort Suites Grayslake Libertyville North · Hospitality Property For Sale
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86,292 SF
INVESTMENT HIGHLIGHTS
- This 108-room Choice Hotels property offers strong returns in a growing market.
- Recent renovations include a new roof, flooring, bathroom tile, and hot water heaters.
- Business, education, healthcare, and tourism drive occupancy. Attractions: Six Flags, Gurnee Mills, Lake County Fairgrounds.
- Situated at 1775 E. Belvidere Rd, Grayslake, IL, the hotel has high visibility off US 45 & IL 120 (23,000 AADT) with access to major highways.
- With a 90% RevPAR index, the property has room for revenue increases to $2.3–$2.7M over five years.
- With market expansion, renovations, and revenue potential, this property presents a high-value opportunity for investors.
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 4 |
| Property Subtype | Hotel | Year Built | 2009 |
| Building Class | C | Parking Ratio | 1.26/1,000 SF |
| Lot Size | 2.19 AC | Corridor | Interior |
| Building Size | 86,292 SF | ||
| Zoning | SCB, Grayslake | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 2.19 AC |
| Building Size | 86,292 SF |
| No. Stories | 4 |
| Year Built | 2009 |
| Parking Ratio | 1.26/1,000 SF |
| Corridor | Interior |
| Zoning | SCB, Grayslake |
AMENITIES
- Business Center
- Fitness Center
- Pool
- Meeting Event Space
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,055,200 | |
| Land Assessment | $423,596 | Total Assessment | $1,478,796 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$423,596
Improvements Assessment
$1,055,200
Total Assessment
$1,478,796
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