Courtesy: Infiniti Properties, Inc.
708-206-3000
PRIME LAKE STREET COMMERCIAL / REDEVELOPMENT OPPORTUNITY IN HANOVER PARK! Located at 2630 Lake Street, this highly visible commercial property offers tremendous potential for an investor, developer, or owner-user. The site is currently improved with a non-operational former self-service car wash, but the real opportunity is in the land, location, substantial existing infrastructure, and future redevelopment possibilities. The property was originally designed with infrastructure sufficient to accommodate an eight-bay car wash, resulting in significantly oversized utilities. Per seller, the property features three-phase electric service, an oversized natural gas supply serving two approximately 350,000 BTU boilers, an oversized incoming water supply line approximately 2.5"-2.75" in diameter, and an oversized sewer system designed to handle simultaneous water discharge from eight bays. These substantial utility improvements may provide considerable value for a future commercial redevelopment or adaptive reuse. Additional site improvements include three catch basins located outside the building on the east side of the south bay, which may potentially lend themselves to future restaurant or food-service applications, subject to municipal approval and buyer verification. The existing building is constructed with heavy-duty solid utility brick, selected for durability and resistance to temperature extremes, pressure, moisture, and heavy use. The car wash is not currently operational, giving a buyer the opportunity to renovate and repurpose the existing facility or explore an entirely new commercial concept. The combination of Lake Street exposure, existing paved improvements, heavy-duty construction, three-phase power, oversized gas, water and sewer infrastructure, and redevelopment potential makes this a truly unique offering. Property is being sold AS-IS. Buyer to perform all due diligence and independently verify zoning, permitted uses, utility sizes/capacities, redevelopment possibilities, environmental conditions, and all Village requirements. Bring your vision to this exceptional Hanover Park commercial opportunity!
Courtesy: Area Wide Realty
708-656-3333
This 2 unit building made up of Enterprise Car Rental and an Auto Repair Shop on 1/2 acre lot with 32 Parking spaces located on busy Irving Park Road with phenomenal street exposure. Operate your business and also actualize rental income from the adjoining building or lease out both stores and harvest the rents from both units monthly.
Courtesy: Baird & Warner
847-392-1855
OFFICE -RETAIL BUILDING- ALL QUALITY CONSTRUCTION WITH BRICK EXTERIOR. 3 LARGE OPEN SPACES, GENERAL OFFICE AREA, FULL KITCHEN AREA, AND 3 RESTROOMS. OUTSIDE AREA IN REAR AND PATIO ON SIDE. BUILDING COULD HAVE MANY USES. PARKING COULD BE INCREASED TO POSSIBLY 16 PARKING SPOTS. RIGHT NEXT TO THE HANOVER PARK ASTOR COMMUNITY CENTER. NEARBY RESTAURANTS AND SHOPS. ----------SELLER WILL NOT SELL FOR USE AS A DAYCARE OR CHILD LEARNING CENTER BUSINESS.........
Courtesy: Coldwell Banker Commercial NRT
312-860-4043
Exceptional opportunity to acquire a freestanding commercial building totaling approximately 6,048 SF with an estimated 5,528 SF of usable/leasable area, ideally positioned along a high-traffic commercial corridor with exposure to nearly 25,000 vehicles per day (per IDOT). This versatile property offers outstanding visibility, strong signage potential, convenient access, and ample on-site parking, making it an ideal opportunity for investors or owner-users seeking long-term upside. The fully sprinklered building is configured for medical, dental, professional office, wellness, and other service-oriented uses, with flexible suite layouts capable of accommodating a variety of businesses. One suite previously operated as a dental practice and retains existing dental plumbing, electrical, and operatory infrastructure, potentially reducing buildout costs for future dental or specialty medical users. ALL All utilities are separate & electric including furnace and the hot-water heater.The property can support multi-tenant occupancy or conversion for a single-user operation, presenting an attractive value-add opportunity with lease-up potential and future appreciation. Owner-occupants also have the ability to operate their business while generating supplemental rental income from additional suites. Strong street presence, adaptable floor plans, and existing medical infrastructure make this a rare opportunity in today's commercial market.
Hanover Park is located in Illinois. Hanover Park, Illinois has a population of 37,545. Hanover Park is more family-centric than the surrounding county with 35.37% of the households containing married families with children. The county average for households married with children is 29.73%.
The median household income in Hanover Park, Illinois is $80,535. The median household income for the surrounding county is $72,121 compared to the national median of $69,021. The median age of people living in Hanover Park is 34.2 years.
The average high temperature in July is 85.2 degrees, with an average low temperature in January of 13.1 degrees. The average rainfall is approximately 37.6 inches per year, with 32.8 inches of snow per year.
