(Crain’s) — Dominick's Finer Foods LLC paid $4 million for a motel property in Edgewater next to one of its stores, setting the stage for a possible redevelopment of a nearly three-acre site near the lakefront.
The acquisition of the 59-room Chicago Lodge, 920 W. Foster Ave., follows Dominick’s purchase in January 2008 of the store, which CoStar Group Inc. says is 45,900 square feet. The store is just west of the motel, which closed after Dominick’s bought it...
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The above image shows an earlier incarnation of the hotel, when it was known as The Sands. In the background is the old Edgewater Beach Hotel.