Industrial

Hanover, IL Industrial Properties for Sale

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Elizabeth, IL Savanna, IL Bellevue, IA Galena, IL Miles, IA Apple River, IL Springbrook, IA Sabula, IA
Four-Story Industrial Warehouse on 30 Acres
Updated: Nov 21, 2025
Four-Story Industrial Warehouse on 30 Acres

101 North Washington Street, Hanover, IL 61041

$3,700,000
109,412 sqft
Large industrial warehouse: 109,380 SF, suitable for various industrial purposes.
Substantial land: Positioned on 30 acres, offering ample space for expansion or outdoor operations.
Prime commercial location: Situated in Hanover, IL, with access to local businesses and amenities.
Scenic setting: Borders the Apple River, offering a picturesque environment.
Proximity to landmarks: Close to Apple River Canyon State Park and the historic town of Galena.
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Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 1 Active listings in Hanover, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Brick-Front Flex Space
Brick-Front Flex Space

136 N Main Street, Elizabeth, IL 61028

$235,000
4,134 sqft 0.10 AC lot

Two-level commercial property combining open retail areas with storage, workspace, offices, and rear loading access.

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Brick-Front Retail and Warehouse Building
Brick-Front Retail and Warehouse Building

136 N Main St, Elizabeth, IL 61028

$235,000
8,000 sqft

Two-level commercial building with open retail areas and rear alley access for loading and deliveries.

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Flex Space with Retail and Warehouse
Flex Space with Retail and Warehouse

1233 N Franklin Street, Galena, IL 61036

$850,000
6,000 sqft 1.68 AC lot

Combined customer-facing and warehouse areas support varied commercial operations with substantial dedicated parking.

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Flex Building with Overhead Doors
Flex Building with Overhead Doors

11110 US Rte 20 W, Galena, IL 61036

$985,900
848 sqft 0.79 AC lot

General Commercial zoning with showroom, storage, retail, and office areas.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Planned Industrial Land
Planned Industrial Land

Digital Drive, Dubuque, IA 52003

$301,200
2.51 AC lot

Level-to-rolling parcel with highway frontage and cable availability.

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Planned Industrial Land
Planned Industrial Land

Digital Drive, Dubuque, IA 52003

$614,400
5.12 AC lot

Level-to-rolling industrial land with frontage on Highway 61/151 and Planned Industrial zoning.

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Planned Industrial Land
Planned Industrial Land

Digital Drive, Dubuque, IA 52003

$520,800
4.34 AC lot

The parcel carries Planned Industrial zoning and fronts Highway 52/61/151.

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Commercial Land with Highway Access
Commercial Land with Highway Access

S HWY 61 151, Dubuque, IA 52003

$3,000,000
42.53 AC lot

Large development tract with dual zoning, frontage road access, and utility availability near established business areas.

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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.

2 Riv Bnd Dr
INDUSTRIAL (GENERAL)

2 Riv Bnd Dr, Hanover, IL 61041-9673

Estimated value:
$315,000
1.01 AC lot
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107 Commercial Dr
INDUSTRIAL (GENERAL)

107 Commercial Dr, Hanover, IL 61041-9694

Estimated value:
$275,000
2.21 AC lot
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Hanover, IL Industrial Properties Market Trends and Statistics

Explore 3 industrial properties for sale in Hanover, IL 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 $3,700,000.

Sale prices for industrial buildings in Hanover, IL average $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 $3.7M

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Jo Daviess County

New Delisted

Total CRE Inventory on Market (SF)

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