Search
Office Building with Additional Land
For Sale
$250,000

7314 Hancock Drive, Wonder Lake, IL 60097

Office property with an accompanying land component and shared water service.

Property Size4,500 SF
Lot Size0.66 Acres
Days on Market1514

Property Features for 7314 Hancock Drive

General Information

Standard status Active
Size 4,500 SF
Net Rentable 4,500 SF
Lot size 0.66 Acres
Property subtype Commercial
Zoning COMMR

Additional Details

Asking Price $500,000
Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $9,507

Building Details

Building Size 4,500 SF
Year Built 1955
Stories 1
Units 1
Listing Agency: RE/MAX Plaza
Listed By: Christopher Hoelz · License #471004104
Source: Perillorealestategroup
Added: Jul 7, 2022 Changed: Aug 27 Last Checked: Aug 23 at 9:55AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Plaza

Investment Insights

Based on property information with market context.

Located at 7314 Hancock Dr in Wonder Lake, Illinois, this office building contains 4,500 rental square feet and was built in 1955. The property is offered with an accompanying land component identified by two PIN numbers, 015 and 016.

The total land area across the package is 28,750 square feet. Water service is shared with the property at 7312 Hancock. Together, the building, land, parcel identification, and existing utility arrangement define the offering.

Key Highlights

  • 4,500 rental square feet in an office building
  • Total package land area of 28,750 square feet
  • Includes two PIN numbers: 015 and 016

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

157
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 - Office property with an accompanying land component and shared water service.
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: 4,500 rental square feet in an office building; Total package land area of 28,750 square feet; Includes two PIN numbers: 015 and 016
More about this property
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