Hotel property in Lake County

Search hotel property records in Lake 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 Lake 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.

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Reonomy operates the most comprehensive database for Lake 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 Lake County commercial real estate professionals. Members from Lake County include brokers, investors and service providers, many of whom specialize in Lake County Hotel Property.

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Lake County hotel property sold prices and values

The average assessed value of hotel properties in Lake County is $3,215,456. Hotel property sale prices in Lake County have a median of $2,137,500. The last 24 months of sales history has seen 10 sales, with 9 sales greater than $250,000, 7 sales valued at over $1,000,000, and 0 sales valued at over $10,000,000. The average price per square foot of hotel properties in Lake County over the last 24 months is $56.

Values and sold prices (last 24 months) United States Indiana Lake County
Average price/sqft $7,467 $135 $57
Median price/sqft $113 $56 $56
Average sold price $6,524,869 $5,302,777 $2,069,045
Median sold price $1,099,194 $1,318,750 $2,137,500
Number of sales 8,661 197 10
Number of sales over $250k 6,577 147 9
Number of sales over $1m 4,495 110 7
Number of sales over $10m 892 13 --
Average total tax amount $80,293 $61,380 $86,692
Average assessed value $3,324,124 $2,268,482 $3,215,456
Average market value $4,295,638 $2,268,482 $3,215,456

Lake County hotel property property averages

The average lot size of hotel properties in Lake County is 98,445 sf. This is 17% above the Indiana average. The average building area is 59 sf and the median year built is 1995.

Property averages United States Indiana Lake County
Average lot size 600,555 sf 127,925 sf 104,326 sf
Median lot size 47,272 sf 82,196 sf 98,445 sf
Average building area 6,730 sf 814 sf 2,974 sf
Median building area 74 sf 41 sf 59 sf
Median year built 1978 1989 1995
Average number of units 51 79 51
Median number of units 16 60 51

Lake County hotel property total supply

There are 58 hotel properties in Lake County. This is 185% below the Indiana average. The total acerage is 98 acres and the aggregate building area for hotel properties in Lake County is 74,352 sf.

Supply United States Indiana Lake County
Number of parcels 92,381 1,553 58
Aggregate lot acerage 1,159,686 3,165 98
Aggregate building area 274,897,203 sf 567,745 sf 74,352 sf
Aggregate units 1,366,877 19,361 102

Lake County hotel property industrial mortgages

There are 131 mortgages for hotel properties across Lake County in the Reonomy database. The average value of those mortgages is $162,101,522. This is 80% above the Indiana average.

Debt United States Indiana Lake County
Number of mortgages 216,476 2,078 131
Average value of mortgages $46,836,937 $69,255,564 $162,101,522

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