1300 Irving Park Rd, Hanover Park, IL 60133-2568
This exceptional 1,824-square-foot storefront, located at 1300 E Irving Park Rd in Hanover Park, IL (60133), presents a remarkable owner-user opportunity. Priced at $350,000 ($191.89/sq ft), this single-story, Class B building sits on a .43-acre lot (18,609 sq ft) and boasts 28 parking spaces. Built in 1978, the solid cinder block structure features numerous full-wall windows, maximizing visibility. The interior has been updated and includes two bathrooms and a spacious service room. Currently vacant, this property is zoned B-2 and benefits from high exposure, with approximately 60% of business visibility attributed to the adjacent Popeyes restaurant. Its proximity to Menards further enhances its appeal. The property is eligible for the Hanover Park Village Facade Program, offering up to $25,000 in potential improvements. The seller is motivated for a swift close and will prioritize offers. The sale includes the building and land only; the existing business is not included. The property offers dual access points, from Irving Park Road and a rear street. While suitable for various retail uses, the Village of Hanover Park does not permit automotive-related or CBC businesses. A video showcasing mid-week traffic is available. This is a fantastic chance to own your building and land, eliminating rent expenses.
-
good deal (Bike/Boat/Book/etc) Store
-
Midwest Title Loans Loan Service
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.