Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    7314 Hancock Dr Wonder Lake, IL 60097

    For Sale
    $250,000

    Mixed Use - Wonder Lake, IL

    Type:Mixed Use
    Property size:
    4,500 SF
    Days on Market:
    112
    Last Refresh:
    Dec 14 at 9:06 pm

    Property Features for 7314 Hancock Dr

    General Information

    Property type
    Commercial Sale
    Property subtype
    Mixed Use
    Standard status
    Active
    Zoning
    COMMR
    APN
    0907459016
    Size
    4,500 SF

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1955
    Number of units
    1
    Flooring type
    Concrete
    Roof type
    Composition
    Architectural style
    Other

    RE/MAX Plaza (847) 596-6100 [email protected]

    Listing agent Christopher Hoelz (847) 596-6100 License #471004104

    Listing date Aug 25, 2025

    MLS# 11457645 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Wonder Lake Mixed-Use Block

    This offering includes an entire block, featuring an office building at 7314 Hancock Drive with 4500 square feet of rental space and two PIN numbers. The total land area encompasses 28,750 square feet. The property is zoned COMMR and includes shared water access with 7312 Hancock Drive. This mixed-use property is located in Wonder Lake, Illinois.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Auto Repair Shop Hair Salon Nail Salon Hotel & Motel Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wonder Lake
    County
    McHenry
    State
    Illinois
    Longitude
    -88.3410522
    Latitude
    42.3858795

    Nearby Similar for Sale

    • $295,000
      4,200 SF

      Wonder Lake Commercial Opportunity

      Former bar and kitchen with entertainment stage and gaming.
      4117 E Wonder Lake Rd, Wonder Lake, IL 60097
      View Details
    • $199,000
      3,000 SF

      Wonder Lake Office/Apartment Conversion Project

      Two-story office building with apartment conversion potential in Wonder Lake, IL.
      7165 Barnard Mill Rd, Wonder Lake, IL 60097
      View Details

    FAQs

    What type of property is this?
    Office building - Mixed-use block with office building and land for sale.
    Where is this office building located?
    The property is located at 7314 Hancock Dr Wonder Lake, IL.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: - Entire block purchase opportunity.; - Includes office building with **4500 rental sq ft**.; - Total land sq ft is 28,750.
    (847) 596-6100
    Request Owner's contact information
    7314 Hancock Dr Wonder Lake, IL 60097
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    7314 Hancock Dr
    Wonder Lake, IL 60097
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7314 Hancock Dr Wonder Lake, IL 60097
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.