Mixed-Use Property with Office
For Sale
$300,000
7314 Hancock Drive, Wonder Lake, IL 60097
The two properties may be purchased individually, and each has its own city water and sewer service.
Property Size4,500 SF
Lot Size0.35 Acres
Price / SF$66.67
Days on Market1573
Property Features for 7314 Hancock Drive
General Information
Standard status
Active
Size
4,500 SF
Net Rentable
4,500 SF
Lot size
0.35 Acres
Property subtype
Commercial
Zoning
COMMR
Additional Details
Gross Income
$38,400
Utilities to Site
Yes
Real Estate Included
Yes
Property Use
Office
Taxes and HOA fees
Annual Taxes
$10,280
Building Details
Building Size
4,500 SF
Year Built
1955
Buildings
1
Stories
1
Units
1
Listing Agency:
RE/MAX Plaza
Listed By:
Christopher Hoelz · License #471004104
(847) 596-6100
Source:
Fishmangroup
Added: Jul 7, 2022
Changed: Oct 25
Last Checked: Oct 26 at 3:49AM
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
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Investment Insights
Based on property information with market context.
This mixed-use property consists of an office building at 7314 Hancock Drive and a former gas station at 7312 Hancock Drive. The office building contains 4,500 rental square feet. The two parcels together comprise 28,750 square feet of land.
Each property has its own city water and sewer service, and the parcels are available for separate sale.
Each property has its own city water and sewer service, and the parcels are available for separate sale.
Key Highlights
- 4,500 rental square feet in the office building at 7314 Hancock Drive
- Combined land area of 28,750 square feet
- 7312 Hancock Drive is a former gas station
Property Analytics
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Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
157
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - The two properties may be purchased individually, and each has its own city water and sewer service.
Where is this mixed-use property located?
The property is located at 7314 Hancock Drive Wonder Lake, IL.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: 4,500 rental square feet in the office building at 7314 Hancock Drive; Combined land area of 28,750 square feet; 7312 Hancock Drive is a former gas station
