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Listing provided courtesy of Century 21 CircleMREDas Distributed by MLSGrid- MLS# 12322121MLS Provider

9424 Waukegan RoadMorton Grove, IL 60053

Commercial · 16,740 Sq. ft.
$3,800,000 Active

9424 Waukegan Road Overview

Time on Site:
291 days
Visits:
10

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.

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9424 Waukegan Road Facts & Features

  • Type Commercial
  • Sq. ft. 16,740
  • Price/Sq.ft. $227

Details

General

Income/Expenses

  • Operating Expense: 0

Business Information

  • Business Type: Hotel/Motel
  • Current Use: Commercial

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: Morton Grove

Tax Information

  • Tax Annual Amount: $76,614.00
  • Tax Year: 2023

General Information

  • Parcel Number: 10181120180000
  • Possible Use: Commercial
  • Property Type: Business Opportunity
  • Zoning: COMMR

Interior

Building Interior

  • Building Area Total: 16740

General Information

  • Cooling: Central Air
  • Stories: 2

Unit Information

  • Unit SqFt.: 16740

Exterior

Lot Information

  • Additional Parcels: No
  • Frontage Type: County Road
  • Lot Size Dimensions: 12500
  • Lot Size Square Feet: 12500

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Brick
  • Roof: Composition

9424 Waukegan Road Neighborhood

Community

60053 (MORTON GROVE) Demographics

47
Median Age
4,564
Population Density (per sq. mile)
54%
College Educated
$87,063
Estimated Median Income
7,691
Estimated Total Home Owners
1,095
Estimated Total Renters
88% / 12%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

9424 Waukegan Road Monthly Cost

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$ %
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$
$
Corinne Guerra
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

9424 Waukegan Road Market Data

Based on the last 30 days in this zip code

$473,426
Average List Price
$310
Average Price per Square Foot
24
Properties Sold
45
Average Days on Market
81
Properties for Sale
Calculations provided by Reliance Network

9424 Waukegan Road History

Date Event Value Agent
4/14/2026Source: MRED Status Change
Active
4/9/2026Source: MRED Price Reduction
$3,800,000 -2.6%
4/9/2026Source: MRED Status Change
Price Change
4/3/2026Source: MRED Status Change
Active
3/29/2026Source: MRED Price Reduction
$3,900,000 -2.5%
3/29/2026Source: MRED Status Change
Price Change
3/12/2026Source: MRED Status Change
Active
3/7/2026Source: MRED Price Reduction
$3,999,000 -2.5%
3/7/2026Source: MRED Status Change
Price Change
9/17/2025Source: MRED Status Change
Active
9/12/2025Source: MRED Added to Database
September 12, 2025