800 Irving Park Ave Schaumburg, IL 60133
- Land
- 1,700 SF
Current Use by Public Records
- Land
Property Details for 800 Irving Park Ave
- Property size
- 1,700 SF
- Property type
- Land
Description
This exceptional commercial land parcel, located at 800 Irving Park Avenue in Hanover Park, Illinois (zip code 60133), presents a unique investment opportunity. The property encompasses approximately 35,750 square feet and features a vacant 1,700 square foot building. This building previously served as a quick-service restaurant and includes a drive-thru lane and ample parking for 45+ vehicles. The site benefits from excellent visibility and high traffic counts, with over 28,700 vehicles passing daily according to Illinois Department of Transportation (IDOT) data. This high-traffic location offers significant potential for reuse as a quick-service restaurant or redevelopment into a variety of commercial uses. The property is zoned B-2, providing flexibility for various development options. The asking price for this strategically located Hanover Park property is $499,000. This is a rare chance to acquire a well-positioned commercial land parcel with significant upside potential in a thriving Illinois community. The property's existing infrastructure, including the building and parking, offers immediate value and potential for quick returns. Don't miss this opportunity to capitalize on this prime location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Schaumburg
- County
- Cook
- State
- Illinois
- Longitude
- -88.1284
- Latitude
- 42.0035
