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Hanover Park, IL

Shopping Center

Hanover Park, IL Shopping Centers for Sale

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Streamwood, IL Schaumburg, IL Forest Park, IL Roselle, IL Bloomingdale, IL Hoffman Estates, IL Carol Stream, IL Elk Grove Village, IL

Retail Investment Opportunity in Hanover Park

Updated: Mar 6

Retail Investment Opportunity in Hanover Park

1557-1559 Irving Park Rd, Hanover Park, IL 60133

$3,481,000

Below replacement cost purchase price of $141 per square foot.
New 10‑year lease with Dollar Tree**, complementing their existing top‑performing store (top 2 Percentile nationwide).
Strategic location at a signalized intersection with high traffic counts** (58,288 cars per day) in a strong retail hub.
Strong trade area demographics with 130,000 residents within 3 miles and an Average Household Income of $102,000 within a 5 mile radius.
Significant renovations completed in 2014 and 2023, including new facade, roof, parking lot, landscaping, lighting, and signage.

92,000 SF Power Center

Updated: Sep 12, 2025

92,000 SF Power Center

1003-1041 Stearns Road Bartlett, IL 60103 |, Bartlett, IL 60103

Contact for pricing

95 sqft

Anchored by AMITA Health
Located in affluent suburban Chicago
Household incomes within a five‑mile radius average more than $165,000
92,000‑square‑foot power center
Significant exposure from Route 59

7-Eleven Anchored Strip Center

7-Eleven Anchored Strip Center

105 E Bartlett Ave, Bartlett, IL 60103

Contact for pricing

Convenience-focused strip center anchored by 7-Eleven with a mix of retail and restaurant tenants, including a drive-thru Dairy Queen.

Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 28 Potential Opportunities for your consideration. Besides 3 Active listings in Hanover Park, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 17 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Multi-Tenant Shopping Center

Multi-Tenant Shopping Center

1021-1057 Fountain View Dr, Carol Stream, IL 60188

Contact for pricing

14,755 sqft

Retail property with a 4.75-year weighted average lease term and multiple named occupants.

Retail Center on Commuter Corridor

Retail Center on Commuter Corridor

1021 Fountain View Dr, Carol Stream, IL 60188

Contact for pricing

27,050 sqft 3.27 AC lot

Shopping center built in 2006 with three access points and visibility along W Lies Road.

Schaumburg Retail Investment Opportunity

Schaumburg Retail Investment Opportunity

1837 Irving Park Road, Schaumburg, IL 60193

Contact for pricing

16,448 sqft

Fully occupied retail property in a dynamic Schaumburg location.

Schaumburg Retail Investment Opportunity

Schaumburg Retail Investment Opportunity

1837 Irving Park Road, Schaumburg, IL 60193

Contact for pricing

16,448 sqft

Fully occupied 16,448 SF retail property in Schaumburg, Illinois.

Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Signalized Intersection Commercial Land

Signalized Intersection Commercial Land

40 Acres Randall Road, Elgin, IL 60123

$10,000,000

40.40 AC lot

AGRIC-zoned tract with adjacent water and sewer and potential for mixed-use development.

Commercial Land with Road Frontage

Commercial Land with Road Frontage

20420 N Rand Road, Deer Park, IL 60074

$2,500,000

1.94 AC lot

PUD-zoned commercial land with Rand Road frontage and natural gas availability.

Aurora Land Ready for Development

Aurora Land Ready for Development

1900 E New York Street, Aurora, IL 60502

$950,000

13.00 AC lot

13-acre land offering in Aurora, IL, for commercial or mixed-use development.

Oswego Commercial Land Opportunity

Oswego Commercial Land Opportunity

SW STATION Drive lot: 10, Oswego, IL 60543

$1,750,000

7.43 AC lot

Commercial land parcel in high-growth Orchard Road corridor.

Off-Market Properties in Hanover Park, IL

Consider similar Off-Market properties in Hanover Park, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

6606 Barrington Rd

MINI-MALL

6606 Barrington Rd, Hanover Park, IL 60133-3935

Value Estimation by Request

6622 Barrington Rd

MINI-MALL

6622 Barrington Rd, Hanover Park, IL 60133-3935

Value Estimation by Request

6768 Barrington Rd

MINI-MALL

6768 Barrington Rd, Hanover Park, IL 60133-3937

$435,000

Estimated value

6622 Barrington Rd

MINI-MALL

6622 Barrington Rd, Hanover Park, IL 60133-3935

Value Estimation by Request

6616 Barrington Rd

MINI-MALL

6616 Barrington Rd, Hanover Park, IL 60133-3935

Value Estimation by Request

6620 Barrington Rd

MINI-MALL

6620 Barrington Rd, Hanover Park, IL 60133-3935

$275,000

Estimated value

399 Bartlett Plz

MINI-MALL

399 Bartlett Plz, Bartlett, IL 60103-4234

$510,000

Estimated value

3.55 AC lot

125 Lk St

MINI-MALL

125 Lk St, Bartlett, IL 60103-4143

$455,000

Estimated value

2.60 AC lot

1051 Lk St

SHOPPING CENTER, STRIP CENTER

1051 Lk St, Hanover Park, IL 60133-6645

$830,000

Estimated value

8,820 sqft 1.16 AC lot

7201 Olde Salem Cir, Unit 39

MINI-MALL

7201 Olde Salem Cir, Hanover Park, IL 60133-2728

Unit 39

$1,975,000

Estimated value

1.61 AC lot

1804 Irving Park Rd

MINI-MALL

1804 Irving Park Rd, Hanover Park, IL 60133-3255

$1,655,000

Estimated value

1.27 AC lot

355 Prospect Ave, Unit 399

MINI-MALL

355 Prospect Ave, Bartlett, IL 60103-4303

Unit 399

$1,735,000

Estimated value

4.59 AC lot

7580 Barrington Rd

MINI-MALL

7580 Barrington Rd, Hanover Park, IL 60133-2212

$7,300,000

Estimated value

8.69 AC lot

7620 Barrington Rd

MINI-MALL

7620 Barrington Rd, Hanover Park, IL 60133-2213

$7,300,000

Estimated value

2.72 AC lot

1559 Irving Park Rd

Neighborhood centers

1559 Irving Park Rd, Hanover Park, IL 60133

Value Estimation by Request

24,696 sqft 2.18 AC lot

799 Illinois Rte

Neighborhood centers

799 Illinois Rte, Bartlett, IL 60103

Value Estimation by Request

810 Illinois Rte

Neighborhood centers

810 Illinois Rte, Bartlett, IL 60103

Value Estimation by Request

82,732 sqft

Hanover Park, IL Shopping Centers Market Trends and Statistics

Explore 20 shopping centers for sale in Hanover Park, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 95 square feet of properties for sale, with an estimated market value of $3,481,000.

Sale prices for plazas in Hanover Park, IL average $3,481,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 37K

Population Growth (5Y) -4.0%

Median Household Income $92,263

College Educated 38.5%

High-Yield Neighborhoods for Investment

Identify Hanover Park submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
60133	$3.5M

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cook County

New Delisted

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