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For Sale
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2630 W Lake St, Hanover Park, IL 60133
0.66-acre commercial land with high visibility and redevelopment potential.
Property SizeContact for details
Lot Size0.66 Acres
Days on Market696
Property Features for 2630 W Lake St
General Information
Standard status
Active
Lot size
0.66 Acres
Property subtype
Land
Zoning
BP
Listing Agency:
Illinois Real Estate Partners Inc
(630) 560-1001
Listed By:
Stevhanie Schneider · License #IL 475134397
Source:
Crexi
Added: Sep 24, 2024
Changed: Aug 11
Last Checked: Aug 20 at 4:43AM
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 Illinois Real Estate Partners Inc
Investment Insights
Based on property information with market context.
This 0.66-acre commercial land is available for sale or redevelopment at 2630 West Lake Street in Hanover Park, Illinois. The property benefits from high visibility along Lake Street, with a daily traffic count of 85,000 vehicles. The site currently features a 6-bay car wash, offering flexible options for transformation. The property has 129' of frontage along U.S. Highway and is conveniently located near the Elgin-O'Hare Tollway/Illinois Route 390 interchange. The surrounding area has a dense population of approximately 272,200 people, with an average household income of $114,800, presenting a lucrative market for businesses. The location provides easy access to major retailers and drive-thru franchise restaurants, making it suitable for various commercial ventures.
Key Highlights
- Prime commercial redevelopment opportunity on a .66‑acre lot.
- High visibility location on Lake Street with 85,000 daily traffic count.
- Located near Elgin‑O'Hare Tollway/Illinois Route 390 interchange.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
293
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - 0.66-acre commercial land with high visibility and redevelopment potential.
Where is this commercial land located?
The property is located at 2630 W Lake St Hanover Park, IL.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Prime commercial redevelopment opportunity on a .66‑acre lot.; High visibility location on Lake Street with **85,000 daily traffic count.**; Located near Elgin‑O'Hare Tollway/Illinois Route 390 interchange.
