Hanover, IL Commercial Real Estate for Sale

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Elizabeth, IL Savanna, IL Bellevue, IA Galena, IL Miles, IA Sabula, IA Apple River, IL Preston, IA
Scenic Jo Daviess County Land
Updated: Mar 6
Scenic Jo Daviess County Land

20 Acres +/- TBD S Crazy Hollow Road, Hanover, IL 61041

$195,000
20.00 AC lot
20 acre +\/- parcel with 615 feet of frontage on the Apple River.
Located in a scenic area of Jo Daviess County, near Galena, with wooded bluffs and preserve land.
Offers privacy with tall rows of White Pine planted along the perimeter.
Includes an approximately 5 acre field suitable for hobby farming, habitat projects, or a potential build site (with zoning approval).
Combination of pines, cedars, and hardwoods leading down to the Apple River.
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Hunting Land with Warehouse Buildings
Updated: Jul 13, 2025
Hunting Land with Warehouse Buildings

A-1306 31st Street lot: A14-05 & A1406, Hanover, IL 61041

$225,000
20.00 AC lot
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Four-Story Industrial Warehouse on 30 Acres
Four-Story Industrial Warehouse on 30 Acres

101 North Washington Street, Hanover, IL 61041

$3,700,000
109,412 sqft

109,380 SF industrial warehouse on 30 acres in Hanover, IL.

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Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 3 Active listings in Hanover, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 69 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Operating 9-Hole Golf Course
Operating 9-Hole Golf Course

18280 IL Route 84, Savanna, IL 61074

$850,000
5,364 sqft 41.60 AC lot

Operating 9-hole, par-33 course with clubhouse and residential space on 41.6 acres, plus maintenance and cart facilities.

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Corner Lot on Highway 20
Corner Lot on Highway 20

1328 US Highway 20 W, Elizabeth, IL 61028

$124,777
2,156 sqft 0.49 AC lot

High-visibility corner lot with existing shed and highway frontage.

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Retail Building
Retail Building

102 N Main Street, Elizabeth, IL 61208

Contact for pricing
10,000 sqft

Retail property offered for sale with approximately 10,000 SF of space.

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Historic Barracks On Commercial Land
Historic Barracks On Commercial Land

3650 Crim Dr, Savanna, IL 61074

Contact for pricing
32.00 AC lot

32-acre MOL includes six historic barracks with newer roofs, public utilities, and commercial business zoning.

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Off-Market Properties in Hanover, IL

Consider similar Off-Market properties in Hanover, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

6 Commercial Dr
COMMERCIAL (GENERAL)

6 Commercial Dr, Hanover, IL 61041-9608

$260,000
Estimated value
2,904 sqft 0.97 AC lot
View details
Commercial Dr
VACANT COMMERCIAL LAND

Commercial Dr, Hanover, IL 61041

$240,000
Estimated value
2.96 AC lot
View details
107 12th Jefferson St
COMMERCIAL (GENERAL)

107 12th Jefferson St, Hanover, IL 61041-9667

$250,000
Estimated value
0.14 AC lot
View details
108 Jefferson St
COMMERCIAL (GENERAL)

108 Jefferson St, Hanover, IL 61041-9667

$260,000
Estimated value
0.09 AC lot
View details
Hanover, IL 61041
VACANT COMMERCIAL LAND

Hanover, IL 61041

$240,000
Estimated value
0.09 AC lot
View details
201 Washington St
COMMERCIAL (GENERAL)

201 Washington St, Hanover, IL 61041-8000

$260,000
Estimated value
0.08 AC lot
View details
200 Washington St
VACANT COMMERCIAL LAND

200 Washington St, Hanover, IL 61041-9692

$240,000
Estimated value
0.11 AC lot
View details
203 Washington St
COMMERCIAL (GENERAL)

203 Washington St, Hanover, IL 61041-7718

$265,000
Estimated value
0.08 AC lot
View details
113 Washington St
COMMERCIAL (GENERAL)

113 Washington St, Hanover, IL 61041-9620

$270,000
Estimated value
0.18 AC lot
View details
219 Jefferson St
COMMERCIAL (GENERAL)

219 Jefferson St, Hanover, IL 61041-9641

$265,000
Estimated value
0.11 AC lot
View details
Hanover, IL 61041
VACANT COMMERCIAL LAND

Hanover, IL 61041

$240,000
Estimated value
0.15 AC lot
View details
8503 Il Rte 84th S
COMMERCIAL (GENERAL)

8503 Il Rte 84th S, Hanover, IL 61041-9704

$265,000
Estimated value
0.96 AC lot
View details
Il Rte 84th S
VACANT COMMERCIAL LAND

Il Rte 84th S, Hanover, IL 61041

$245,000
Estimated value
0.74 AC lot
View details
203 Jefferson St
COMMERCIAL (GENERAL)

203 Jefferson St, Hanover, IL 61041-9641

$255,000
Estimated value
0.04 AC lot
View details
205 Jefferson St
COMMERCIAL (GENERAL)

205 Jefferson St, Hanover, IL 61041-9641

$255,000
Estimated value
0.09 AC lot
View details
113 Jefferson St
COMMERCIAL (GENERAL)

113 Jefferson St, Hanover, IL 61041-9667

$255,000
Estimated value
0.09 AC lot
View details
Hanover, IL 61041
VACANT COMMERCIAL LAND

Hanover, IL 61041

$240,000
Estimated value
0.06 AC lot
View details
212 Jefferson St
COMMERCIAL (GENERAL)

212 Jefferson St, Hanover, IL 61041-7712

$265,000
Estimated value
0.14 AC lot
View details
7100 Il Rte 84th S
VACANT COMMERCIAL LAND

7100 Il Rte 84th S, Hanover, IL 61041

$235,000
Estimated value
0.09 AC lot
View details
Hanover, IL 61041
VACANT COMMERCIAL LAND

Hanover, IL 61041

$240,000
Estimated value
0.12 AC lot
View details
111 Jefferson St
COMMERCIAL (GENERAL)

111 Jefferson St, Hanover, IL 61041

$260,000
Estimated value
1,400 sqft 0.09 AC lot
View details

Hanover, IL Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Hanover, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 109,412 square feet of properties for sale, with an estimated market value of $4,120,000.

Sale prices for business properties in Hanover, IL start at $195,000, averaging $1,373,333, and reaching up to $3,700,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 1,428
Population Growth (5Y) +48.9%
Median Household Income $44,464
College Educated 21.5%

High-Yield Neighborhoods for Investment

Identify Hanover submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
61041 $937K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Jo Daviess County

New Delisted

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