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Retail Space Near Metra Station
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1738-1756 56 W Lake St, Hanover Park, IL

Retail space adjacent to Barrington Rd and Hanover Park Metra.

Space Size1,200 SF
Lot Size0.65 Acres
Days on Market556

Property Features for 1738-1756 56 W Lake St

General Information

Standard status Active
Size 1,200 SF
Lot size 0.65 Acres
Property subtype RETAIL

Spaces For Lease

at 1738-1756 56 W Lake St Contact us

1738 - 1756 56 W Lake St

Floor
1
Size
1,200 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- The property is adjacent to Barrington Rd and located directly across the street...
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Listing Agency: Edgemark Commercial Real Estate Services, LLC
Listed By: Randy Kotwica · License #475144810
Source: Moodyscre
Added: Feb 10, 2025 Changed: Aug 8 Last Checked: Aug 20 at 5:52AM

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 Edgemark Commercial Real Estate Services, LLC

Investment Insights

Based on property information with market context.

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.

Key Highlights

  • High visibility location.
  • Adjacent to Barrington Rd and directly across from Hanover Park Metra Station (3,000 commuters/day).
  • Excellent transportation access.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Spa & Massage Center Hair Salon Restaurant

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

338
Businesses Nearby
37k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 65% Dining 33% Electronics 2%
Shell Shops & Services
18,327 visits/mo 0.4 miles
Starbucks Dining
10,418 visits/mo 0.0 miles
7-Eleven Shops & Services
3,992 visits/mo 0.5 miles
SUBWAY Dining
1,627 visits/mo 0.1 miles
Jackson Hewitt Tax Service Shops & Services
965 visits/mo 0.0 miles

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

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 56 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) 572-5613 Call to check price and availability
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