Courtesy: Coldwell Banker Realty
630-789-8280
ATTENTION Developers and investors don't miss out on this amazing opportunity. Build, subdivide this 7.9 Acres in Hanover Park! 2 separate lots sold together as a package, front lot is 2.9 acres and back lot is land locked with 5.6 acres. Zoned Residential with the possibility of re-zoning them with the city! Land is on private well & septic, must connect to city services. Close to growing Downtown Hanover Park, Metra train station, and more.
Courtesy: You Properties LLC
312-721-1721
Prime mixed-use lot for sale in Hanover Park, offering over half an acre of land just one block from the Hanover Park Metra Station. The property is currently zoned VC-R Mixed-Use Residential, allowing for a wide range of permitted uses including single-unit and multi-unit residential (2+ units), community residence, library, museum, cultural institution, park and recreational uses, accessory parking structures, office, daycare, and more. Strategically located along a high-visibility corridor with average daily traffic counts of approximately 12,100 vehicles per day, providing excellent exposure for future development. The adjacent southern parcel is owned by the City of Hanover Park and may present a potential opportunity for assemblage, subject to municipal approval. Ideal for developers, investors, or owner-users seeking a transit-oriented site with flexible zoning, strong traffic counts, and close proximity to public transportation, downtown amenities, and regional access. Virtual renderings of potential development are included and may extend beyond the subject property boundaries, as the adjacent parcel is also available for sale by the City.
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.
