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Office Building with Central Air
For Sale
$250,000

7314 Hancock Drive, Wonder Lake, IL 60097

COMMERCIAL - Wonder Lake, IL

Property Size4,500 SF
Lot Size0.35 Acres
Price / SF$55.56
Days on Market1505

Property Features for 7314 Hancock Drive

General Information

Property type Commercial Sale
Property subtype Other
Zoning COMMR
Directions Rt 120 to Wonder Lake Rd, right to Hancock Dr. Building is on the corner of Hancock & East Wonder Lake Rd
Subdivision Wonder Lake
Standard status Active
APN 0907459016
Lot size 0.35 Acres

Taxes and HOA fees

Tax Year 2022
Tax Annual Amount 9507

Utilities

Cooling system Central Air

Building Details

Year built 1955
Floors in Building 1
Number of units 1
Flooring type Concrete
Building materials Concrete, Wood, Aluminum Siding
Roof type Composition
Listing Agency: RE/MAX Plaza · RE/MAX International
Listed By: Christopher Hoelz · License #471004104
Added: Jul 7, 2022 Changed: Aug 4 Last Checked: Aug 19 at 3:06AM
MLS# 11457645

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

The offering includes an office building at 7314 Hancock Drive with 4,500 rental square feet. Built in 1955, the property features concrete, wood, and aluminum siding construction, concrete flooring, central air, and a composition roof. Commercial zoning is identified as COMMR.

The property is associated with two PINs, 015 and 016, and shares water service with 7312 Hancock. The package includes land described as 28,750 square feet in the listing information, along with the office improvements.

Key Highlights

  • Office building with 4,500 rental sq ft
  • Two PINs: 015 and 016
  • Commercial zoning: COMMR

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Restaurant Real Estate Agency Dental Office Building Supply Auto Repair Shop Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

159
Businesses Nearby

Demographics for 60097, IL

10,849
Population
4,446
Households
2.4
Avg Household Size
40
Median Age
17%
College-Educated
93%
High-School Grad
16.0 sq mi
ZIP Area
678
Density / Sq Mi
$90,865
Median Household Income
$48,168
Median Earnings
$1,369
Median Rent
$215,700
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office building - Commercially zoned office property with concrete, wood, and aluminum siding construction in Wonder Lake.
Where is this office building located?
The property is located at 7314 Hancock Drive 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: Office building with 4,500 rental sq ft; Two PINs: 015 and 016; Commercial zoning: COMMR
More about this property
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