Hotel property in Cook County

Search hotel property records in Cook County to find the property data you need. Reonomy provides the most comprehensive commercial real estate information available through the aggregation of commercial property records and data. Search through Cook County commercial property sales records, owner records and tax records. Signup for a free trial to uncover more information and search by filters including sales history, debt and owner.

Popular searches around Cook County

Reonomy operates the most comprehensive database for Cook County Hotel Property and other commercial real estate assets across the U.S. Reonomy includes over 47 million commercial real estate properties, each property features sales, debt, tax and ownership data. Reonomy attracts a large community of Cook County commercial real estate professionals. Members from Cook County include brokers, investors and service providers, many of whom specialize in Cook County Hotel Property.

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Cook County hotel property sold prices and values

The average assessed value of hotel properties in Cook County is $1,560,401. Hotel property sale prices in Cook County have a median of $2,350,000. The last 24 months of sales history has seen 74 sales, with 67 sales greater than $250,000, 58 sales valued at over $1,000,000, and 18 sales valued at over $10,000,000. The average price per square foot of hotel properties in Cook County over the last 24 months is $116.

Values and sold prices (last 24 months) United States Illinois Cook County
Average price/sqft $7,467 $671 $1,221
Median price/sqft $113 $116 $116
Average sold price $6,524,869 $9,438,780 $13,159,704
Median sold price $1,099,194 $1,950,000 $2,350,000
Number of sales 8,661 112 74
Number of sales over $250k 6,577 91 67
Number of sales over $1m 4,495 78 58
Number of sales over $10m 892 19 18
Average total tax amount $80,293 $317,129 $376,685
Average assessed value $3,324,124 $1,404,590 $1,560,401
Average market value $4,295,638 $13,027,442 $15,581,979

Cook County hotel property property averages

The average lot size of hotel properties in Cook County is 16,507 sf. This is 52% below the Illinois average. The average building area is 110 sf and the median year built is 1970.

Property averages United States Illinois Cook County
Average lot size 600,555 sf 59,917 sf 52,758 sf
Median lot size 47,272 sf 28,360 sf 16,507 sf
Average building area 6,730 sf 768 sf 1,113 sf
Median building area 74 sf 81 sf 110 sf
Median year built 1978 1974 1970
Average number of units 51 99 104
Median number of units 16 31 36

Cook County hotel property total supply

There are 792 hotel properties in Cook County. This is 24% below the Illinois average. The total acerage is 876 acres and the aggregate building area for hotel properties in Cook County is 174,874 sf.

Supply United States Illinois Cook County
Number of parcels 92,381 1,013 792
Aggregate lot acerage 1,159,686 1,237 876
Aggregate building area 274,897,203 sf 182,110 sf 174,874 sf
Aggregate units 1,366,877 16,995 16,793

Cook County hotel property industrial mortgages

There are 3,423 mortgages for hotel properties across Cook County in the Reonomy database. The average value of those mortgages is $58,819,698. This is 8% below the Illinois average.

Debt United States Illinois Cook County
Number of mortgages 216,476 4,185 3,423
Average value of mortgages $46,836,937 $63,955,253 $58,819,698

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