The site of Lincolnwood's Purple Hotel—a Chicago area landmark for photographers, if nothing else—is set to go to auction in May, according to Chicago Real Estate Daily. more ›

The Purple Hotel shut its doors in 2007, after it reportedly had fallen into gross disrepair -- there were numerous complaints made about bug and rodent infestation, mold, and lack of running water. Hey, a "fixer upper" should fetch a low, low price in this economy, so the dream of running your own fleabag hotel could come true -- , anyone?
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Sorry, aspiring hoteliers looking for scuzzy property that gives you braincrabs if you think about it for too long: The Purple Hotel has been sold, and it's going to be demolished. more ›