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33950 N Us Highway 45

Grayslake, IL 60030
  • $655,000
  • STATUS: Active
  • ON SITE: 79 Days
  • MLS #: 11887536
UPDATED: 68 min ago
$655,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS

School Ratings & Info

Description

Fully operating motel/hotel for 30 years with 11 rooms, plus main office and owners living unit. Raised rents August 2022 September 2022 income: $13,556.30 October 2022 income: $12,447.42 2021 gross income: $121,897 Real Estate Taxes: $12,459 ~85% Occupancy Rate Part of motel is booked with Long-Term tenants Bus stop directly across the street 4 Suites 3 Double Bed 3 Single 1 Double and twin 1 manager residence 1 garage Zoned General Commercial PERMITTED: Caretaker's Dwelling unit, College, community service, government use, day care, hospital, religious institution, church, school, conditional use for Cannabis Dispensary, Cannabis Craft Grower, Cannabis Processing Center, Adult-use Cannabis Infuser, Adult-use Cannabis Cultivation Center, Adult-use Cannabis Transporter, Photocopy, blueprint services, Medical cannabis dispensary, Kennels, animal shelter/obedience school (without outdoor runs), Ice cream shop, Hotels and motels, Health club, Greenhouse/nursery, retail, Gift shop, Garden center, Crematorium, Antique sales, Art gallery, Bicycle shop, Consumer vehicle sales/rental (e.g., cars, pickup trucks, SUVs, motorcycles) (indoor), Sporting goods store, Veterinary clinic, General retail sales and service not otherwise classified, Neighborhood-oriented retail sales and service not otherwise classified. CONDITIONAL USE: Kennels, animal shelter/obedience school (with outdoor runs), Recreational vehicle sales, Restaurant or coffee shop, vehicle repair, vehicle service, Recycling center, Wholesale sales, Agriculture

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© 2023 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Keller Williams Success Realty. Based on information submitted to the MRED as of 2023-12-06T10:59:18.643 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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33950 N Us Highway 45 Grayslake, IL 60030

  • Price: $655,000
  • Status: Active
  • On Site: 79 Days
  • Updated: 68 min ago
  • MLS #: 11887536
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1965
Built
Neighborhood:
Gages Lake / Grayslake / Hainesville / Third Lake / Wildwood
County:
Lake
Area:
Gages Lake / Grayslake / Hainesville / Third Lake / Wildwood
Property Description
Fully operating motel/hotel for 30 years with 11 rooms, plus main office and owners living unit. Raised rents August 2022 September 2022 income: $13,556.30 October 2022 income: $12,447.42 2021 gross income: $121,897 Real Estate Taxes: $12,459 ~85% Occupancy Rate Part of motel is booked with Long-Term tenants Bus stop directly across the street 4 Suites 3 Double Bed 3 Single 1 Double and twin 1 manager residence 1 garage Zoned General Commercial PERMITTED: Caretaker's Dwelling unit, College, community service, government use, day care, hospital, religious institution, church, school, conditional use for Cannabis Dispensary, Cannabis Craft Grower, Cannabis Processing Center, Adult-use Cannabis Infuser, Adult-use Cannabis Cultivation Center, Adult-use Cannabis Transporter, Photocopy, blueprint services, Medical cannabis dispensary, Kennels, animal shelter/obedience school (without outdoor runs), Ice cream shop, Hotels and motels, Health club, Greenhouse/nursery, retail, Gift shop, Garden center, Crematorium, Antique sales, Art gallery, Bicycle shop, Consumer vehicle sales/rental (e.g., cars, pickup trucks, SUVs, motorcycles) (indoor), Sporting goods store, Veterinary clinic, General retail sales and service not otherwise classified, Neighborhood-oriented retail sales and service not otherwise classified. CONDITIONAL USE: Kennels, animal shelter/obedience school (with outdoor runs), Recreational vehicle sales, Restaurant or coffee shop, vehicle repair, vehicle service, Recycling center, Wholesale sales, Agriculture
Exterior Features

Outdoor Parking 13-18 Spaces Parking Total 15

Interior Features

Cooling Central AirWindow Unit(s) Heat Ventilation Radiators Number Of TLDocks 0

Property Features

Additional Parcels YN No Building Area Total 6270 Current Use Commercial Electric Circuit Breakers Fire Protection Fire Extinguisher/s Insurance Expense 4000 Leasable Area 6270 Mls Actual Status Active Net Operating Income 121000 Property Offered For Sale Only Rental Price 0 Tax Annual Amount 12459 Tax Year 2021 Tenant Pays Other Type Retail/Stores Zoning COMMR

Listing information © 2023 Midwest Real Estate Data LLC.
Listing provided courtesy of Re/Max Suburban: 847-367-8686.


© 2023 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Keller Williams Success Realty. Based on information submitted to the MRED as of 2023-12-06T10:59:18.643 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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