$1,800,000

33,748

square ft

7247 Waukegan Road

NILES, Illinois 60714

Closed / MLS #6946577 / Business / Niles

Listing information updated 12/22/2025 at 4:54pm

54 ROOM MOTEL IN DOWNTOWN NILES BORDERING SIGNIFICANT RETAIL INCLUDING GOLF MILL, FOUR FLAGS SHOPPING CENTER. POOL AND BAR WITH RESTAURANT. 2 STORY CALIFORNIA STYLE WITH DELUXE ROOMS. PARKING FOR 100 CARS. OPERATE 54 UNITS WITH BAR/RESTAURANT OR CONVERT. POSSIBLE NEW DEVELOPMENT FOR CONDOS. FAMILY OWNED FOR OVER 40 YEARS. EXCELLENT EXPOSURE MILWAUKEE/WAUKEGAN.HIGHLY CONFIDENTIAL BY APPOINTMENT ONLY.

Full Features

Lot Size:

.50-.99 Acre

Current Use:

Commercial

Business Use:

Bar/Lounge/Nite Club, Hotel or Motel

Potential Use:

Commercial

Zoning:

COMMR

Building Square Feet:

33,748

Taxes & Assessments

Tax Amount:

$52,313

Tax Year:

N/A

Location

Zip Code:

60714

City:

Niles

County:

Cook

Lot Size:

.50-.99 Acre

Current Use:

Commercial

Business Use:

Bar/Lounge/Nite Club, Hotel or Motel

Potential Use:

Commercial

Zoning:

COMMR

Building Square Feet:

33,748

Tax Amount:

$52,313

Tax Year:

N/A

Zip Code:

60714

City:

Niles

County:

Cook

Listing Office: Chicago Northwest Realty LLC

Listing Office Phone: 773.763.8700

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/22/2025 at 4:54pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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 listings have been excluded from this website.

Niles, IL

Just 15 minutes from the hustle and bustle of downtown Chicago, the Village of Niles offers quiet residential neighborhoods shaded by towering trees. Despite being outside the city, Niles still has a cosmopolitan vibe with its own half-size replica of the Leaning Tower of Pisa and active Sister Citi...

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$401,053

Average Sale Price

Average Days On The Market

98%

Sales Prices VS. List Price

Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.