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Mixed-Use Development Land
For Sale
$250,000

7N630 County Farm Road, Hanover Park, IL 60133

Over half-acre mixed-use lot zoned VC-R, positioned one block from the Metra station along a high-visibility traffic corridor.

Property SizeContact for details
Days on Market205

Property Features for 7N630 County Farm Road

General Information

Standard status Active
Property subtype Land
Zoning VC-R Mixed-Use Residential

Additional Details

Traffic Count 12,100 vehicles/day

Taxes and HOA fees

Annual Taxes $2,952
Listing Agency: You Properties LLC
Listed By: Erik Corral · License #471022423
Source: Compass
Added: Jan 16 Changed: Aug 8 Last Checked: Mar 25 at 3:27PM

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 You Properties LLC

Investment Insights

Based on property information with market context.

This is a prime mixed-use development lot offering over half an acre of land. The property is currently zoned VC-R Mixed-Use Residential, which provides a broad set of permitted uses, including single-unit and multi-unit residential (2+ units), community residence, library, museum, cultural institution, park and recreational uses, accessory parking structures, office, and daycare, among others.

The site is located one block from the Hanover Park Metra Station and fronts a high-visibility corridor with average daily traffic counts of approximately 12,100 vehicles per day. The adjacent southern parcel is owned by the City of Hanover Park and may present an opportunity for assemblage, subject to municipal approval. Virtual renderings of potential development are included, and may extend beyond the subject property boundaries due to the availability of the adjacent parcel for sale by the City.

Key Highlights

  • Over half‑acre mixed‑use lot in Hanover Park, located one block from the Hanover Park Metra Station
  • Zoned VC‑R Mixed‑Use Residential with permitted uses including 1‑unit and multi‑unit residential (2+ units)
  • VC‑R zoning also allows community residence, library/museum/cultural institutions, park and recreational uses, and accessory parking structures

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Auto Repair Shop Big Box & Wholesale Store 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

12,100 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

265
Businesses Nearby

Demographics for 60133, IL

37,494
Population
11,573
Households
3.2
Avg Household Size
35
Median Age
29%
College-Educated
84%
High-School Grad
8.4 sq mi
ZIP Area
4,464
Density / Sq Mi
$92,263
Median Household Income
$40,743
Median Earnings
$1,478
Median Rent
$260,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Over half-acre mixed-use lot zoned VC-R, positioned one block from the Metra station along a high-visibility traffic corridor.
Where is this apartment building located?
The property is located at 7N630 County Farm Road Hanover Park, 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: Over half‑acre mixed‑use lot in Hanover Park, located one block from the Hanover Park Metra Station; Zoned VC‑R Mixed‑Use Residential with permitted uses including 1‑unit and multi‑unit residential (2+ units); VC‑R zoning also allows community residence, library/museum/cultural institutions, park and recreational uses, and accessory parking structures
More about this property
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