123 Skokie Highway Lake Bluff, IL 60044

$1,277,250
2.57
Acres
$1,277,250
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sold - 06/26/2023
1/23
Street View

Family owned and operated for decades. This is a once-in-a-lifetime investment opportunity to own your own business, live on-site, and run your own business. By The Way Motel is an updated and improved 20-unit motel plus a 3 bedroom 2 1/2 bath single family home with a 2.5 car garage with value-added land. Fenced-in private yard. Major frontage along busy Skokie Highway "safety buffer" road in front for easy access. Pride of Ownership shows throughout. County jurisdiction so low utilities, taxes and operational costs. A confidentiality agreement must be submitted to obtain confidential financials. Ownership is not to be interrupted. Upgraded units throughout.

Family owned and operated for decades. This is a once-in-a-lifetime investment opportunity to own your own business, live on-site, and run your own business. By The Way Motel is an updated and improved 20-unit motel plus a 3 bedroom 2 1/2 bath single family home with a 2.5 car garage with value-added land. Fenced-in private yard. Major frontage along busy Skokie Highway "safety buffer" road in front for easy access. Pride of Ownership shows throughout. County jurisdiction so low utilities, taxes and operational costs. A confidentiality agreement must be submitted to obtain confidential financials. Ownership is not to be interrupted. Upgraded units throughout.

  • Neighborhood
  • Type
  • County
    Lake
  • Area
    Lake Bluff
  • Tax Amount
    $12,270
  • Status
    Sold
  • Listing #
    11408286
  • Lot Size
    2.57
  • Listed on site
    709 days
  • Sold Price
    1277250

Listed by:
Coldwell Banker Realty

mls source logo © 2020 Midwest Real Estate Data LLC. All rights reserved. Listing courtesy of Coldwell Banker Realty.
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Property details

Community Features

  • No HOA

Exterior features

  • No Pool

Interior Features

  • Central Air Conditioning

Property History

DateDays AgoEventNew Price
Jun 27, 202310 mos agoPrice decreased222,750 (15%)$1,277,250
Feb 23, 20231 yr agoPrice decreased300,000 (17%)$1,500,000
Jul 18, 20222 yrs agoPrice decreased500,000 (22%)$1,800,000
May 18, 20222 yrs agoNew on market$2,300,000
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