Search
Thorntons Fuel Station Ground Lease
New
For Sale
Contact for pricing

823 West Lake Street, Hanover Park, IL 60133

Branded fuel property with a long-term lease structure and substantial nearby industrial space.

Property SizeContact for details
Days on Market5

Property Features for 823 West Lake Street

General Information

Standard status Active
Property subtype Retail

Additional Details

Traffic Count 43,000 vehicles/day
Listing Agency: Stream Capital Partners
Listed By: Graham Gold · License #475164964
Source: Crexi
Added: Sep 1 Changed: Sep 4 Last Checked: Sep 4 at 3:22PM

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 Stream Capital Partners

Investment Insights

Based on property information with market context.

The Thorntons gas station at 823 West Lake Street in Hanover Park, Illinois, is offered through a long-term ground lease. The property is situated within the Chicago MSA and is associated with a reported traffic volume of 43k VPD.

The surrounding area includes 5mm+ SF of nearby industrial space, providing important context for the site’s commercial setting. The branded fuel-station format and ground-lease structure are central characteristics of the offering.

Key Highlights

  • Thorntons‑branded gas station with a long‑term ground lease
  • Reported traffic volume of 43k VPD
  • 5mm+ SF of nearby industrial space

Property Analytics

Current Use

Thorntons Gas Station Thortons Gas Station

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Building Supply Auto Repair Shop Hair Salon

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

43,000 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

157
Businesses Nearby
6k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 50% Dining 50%
7-Eleven Shops & Services
3,127 visits/mo 0.5 miles
Dairy Queen Dining
3,112 visits/mo 0.5 miles

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 Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 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?
Gas station - Branded fuel property with a long-term lease structure and substantial nearby industrial space.
Where is this gas station located?
The property is located at 823 West Lake Street Hanover Park, IL.
What is the asking price?
The asking price for this property is $5,850,000.
What are key features of this property?
This property features: Thorntons‑branded gas station with a long‑term ground lease; Reported traffic volume of 43k VPD; 5mm+ SF of nearby industrial space
(312) 899-6664 Call to check price and availability
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