$699,900

About this listing

Welcome to the Pine Grove Motel, a fantastic turn-key investment opportunity right in the heart of Northbrook. Sitting on just over an acre, this well-established property offers incredible potential for investors, entrepreneurs, or anyone dreaming of stepping into the hospitality business. The motel currently features 6 rental units, with an additional storage building, with laundry full laundry facility on one side, offering the exciting possibility to be converted into a 7th unit for added income potential. Laundry facility includes washer and dryer for motel linens and towels. Also included is a small on-site store, creating even more opportunity to expand services and revenue streams. The owner's residence is conveniently onsite and thoughtfully laid out, featuring a spacious kitchen, dining room, comfortable living room, 2 bedrooms, a 4 pc bathroom, and direct access to the motel office, making day-to-day operations both practical and efficient. With excellent visibility, a prime in-town location, and endless possibilities for future growth, this unique property is ready for its next chapter. Whether you are looking to expand your investment portfolio or start a new business venture, the Pine Grove Motel offers the perfect combination of lifestyle and opportunity. Showings by appointment only. Please do not drop by and speak with the sellers as this is their busiest season.

Property details

Days on market

2 days

Property taxes

$3,088/yr (2025)

Lot size

164 × 332.96 Feet

Style

Bungalow

Heating

Baseboard (Electric)

Basement

Crawl Space

Construction

Vinyl Siding

Facing

East

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