Hotels for Sale in Illinois
Explore hotels, motels and resorts for sale across Illinois — from Chicago and Springfield to emerging markets statewide. Every listing includes pricing, room counts and direct owner or broker contact.
Buying a hotel in Illinois
Illinois offers a diverse hospitality market spanning Chicago, Springfield, Naperville and beyond. Whether you are an investor seeking a stabilised, cash-flowing asset or an operator looking for a value-add repositioning, the Hotel-Lease marketplace lists sale, lease and management opportunities across the state.
Use the filters to narrow by deal type, price and room count, then connect directly with owners and brokers. New Illinois listings are added regularly, so check back or create a free account to save searches and set alerts.
Hotels for sale in Illinois
View all Illinoislistings →New Illinois hotel listings are added regularly — nothing live in this market right now.
Browse the full marketplace →Frequently asked questions
- How much does a hotel cost in Illinois?
- Hotel prices in Illinois vary widely by location, size and class. Roadside motels and small independent properties often trade from a few hundred thousand dollars, while full-service and resort assets in markets like Chicago and Springfield can reach into the tens of millions. Each Hotel-Lease listing shows the asking price, room count and, where available, cap rate and occupancy.
- What types of hotels are for sale in Illinois?
- Listings across Illinois include boutique hotels, motels, resorts, historic inns and branded/franchise properties, offered for outright sale, lease, or management contract. You can filter by deal type and property class on the marketplace.
- How do I buy a hotel in Illinois?
- Create a free Hotel-Lease account, contact the owner or broker on any Illinois listing, and request the offering memorandum. Due diligence, document exchange and stage tracking all happen inside a secure deal room until completion.
- Which Illinois cities have the most hotels for sale?
- Activity clusters around Chicago, Springfield, Naperville, Rockford, though opportunities appear statewide. Browse the live listings below or set an alert to be notified when new Illinois hotels come to market.