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    1738-1756 W Lake St Hanover Park, IL 60133

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    For Lease
    Contact for pricing

    Retail space adjacent to Barrington Rd and Hanover Park Metra.

    Property size:
    1,200 SF
    Lot size:
    0.65 Acres

    Property Features for 1738-1756 W Lake St

    General Information

    Size
    1,200 SF
    Lot size
    0.65 Acres

    Source: Edgemark Commercial Real Estate Services, LLC Agent Randy Kotwica

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space Near Metra Station

    This retail space is located adjacent to Barrington Rd and directly across the street from the Hanover Park Metra Station, which sees approximately 3,000 commuters daily. The Elgin-Ohare Expressway is less than one mile from the property. Heavily traveled Irving Park Road and the Barrington Road retail corridor, featuring numerous national retailers, are located one mile north. Hanover Park is a diverse community with over 400 businesses. The property offers 1,200 square feet of retail space.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Hanover Park
    County
    Cook
    State
    Illinois
    Longitude
    -88.148534
    Latitude
    41.9895474

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    FAQs

    What type of property is this?
    Retail space - Retail space adjacent to Barrington Rd and Hanover Park Metra.
    Where is this retail space located?
    The property is located at 1738-1756 W Lake St Hanover Park, IL.
    What are key features of this property?
    This property features: - High visibility location.; - Adjacent to Barrington Rd and directly across from Hanover Park Metra Station (3,000 commuters/day).; - Excellent transportation access.
    (630) 472-1010
    Request Owner's contact information
    1738-1756 W Lake St Hanover Park, IL 60133
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    Hanover Park, IL 60133
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    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
    1738-1756 W Lake St Hanover Park, IL 60133
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