Hotel Properties in Lake County | Reonomy

Hotel Properties in Lake County

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Popular searches around Lake County

Reonomy attracts a large community of Lake County commercial real estate professionals, including brokers, investors, roofers, contractors, appraisers, insurance providers, and more—many of which specialize in hotel properties.

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Lake County hotel property sold prices and values

Values and sold prices (last 24 months) United States Illinois Lake County
Average price/sqft $601 $27,192 --
Average sold price $6,404,331 $7,285,012 --
Median sold price $1,241,539 $2,350,000 --
Number of sales 5,805 85 --
Number of sales over $250k 4,490 73 --
Number of sales over $1m 3,151 65 --
Number of sales over $10m 612 12 --
Average total tax amount $78,977 $316,844 --
Average assessed value $3,366,460 $1,262,777 --
Average market value $4,488,761 $11,549,696 --

Lake County hotel property property averages

Property averages United States Illinois Lake County
Average lot size 600,380 sf 59,665 sf --
Median lot size 47,954 sf 28,304 sf --
Average building area 6,623 sf 738 sf --
Median building area 75 sf 73 sf --
Median year built 1978 1974 --
Average number of units 51 99 --
Median number of units 16 32 --

Lake County hotel property total supply

Supply United States Illinois Lake County
Number of parcels 94,049 1,010 --
Aggregate lot acerage 1,330,413 1,234 --
Aggregate building area 276,012,618 sf 172,837 sf --
Aggregate units 1,435,895 17,273 --

Lake County hotel property industrial mortgages

Debt United States Illinois Lake County
Number of mortgages 224,807 4,282 --
Average value of mortgages $46,396,366 $63,027,785 --

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