Realmo

Buy
- For Sale
- Post a Listing
Property Types
- Retail
  
  Automotive
  
  Gas Station
  
  Car Wash
  
  Grocery Store
  
  Shopping Center
- Office
  
  Office Units
  
  Building
  
  Live - Work Space
  
  Medical Premises
- Residential Income
  
  Multifamily
- Restaurants
  
  Conventional Restaurant
  
  Coffee shop
  
  Drive-through
- Industrial
  
  Flex Space
  
  Manufacturing
- Warehouse
- Mixed-Use
- Land
  
  Residential
  
  Commercial
- Parking & Garage
- Specialty
Rent
- For Lease
- Post a Listing
Space Uses
- Retail
- Restaurant
- Office
- Medical Space
- Industrial
- Warehouse
Analytics
- Analytics Center
- Insight Report
- Recently Sold
- Value Estimation
- Cap Rate
- Ownership Records
- Location Intelligence
- Business Placement
- Off-Market Leads
- Zoning Insight

Advertise Sign In

For Sale
- Retail
- Office
  - Office Units
  - Building
  - Live - Work Space
  - Medical Premises
- Residential Income
  - Multifamily
- Restaurants
  - Conventional Restaurant
  - Coffee shop
  - Drive-through
- Industrial
  - Flex Space
  - Manufacturing
- Warehouse
- Mixed-Use
- Land
  - Residential
  - Commercial
- Parking & Garage
- Specialty
For Lease
- Retail
- Restaurant
- Office
- Medical Space
- Industrial
- Warehouse
Analytics Center
Insight Report
Recently Sold
Value Estimation
Cap Rate
Ownership Records
Location Intelligence
Business Placement
Off-Market Leads
Zoning Insight
Advertise
Find Brokers

Hanover Park, IL

Shopping Center

Hanover Park, IL Shopping Centers for Sale

List

Map

Streamwood, IL Schaumburg, IL Roselle, 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

Contact for pricing

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.

Retail Building with Major Retailers

Updated: Jul 25, 2024

Retail Building with Major Retailers

1557-1559 Irving Park Rd, Hanover Park, IL

$3,481,000

24,696 sqft · 2.30 AC lot

Multi‑tenant retail building
Features Harbor Freight as a major tenant
Features Dollar Tree as a major tenant
Retail building
Major retailers

92,000 SF Power Center

92,000 SF Power Center

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

Contact for pricing

95 sqft

Power center anchored by AMITA Health with Route 59 exposure.

Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, 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.

Shadow-Anchored Retail Strip Center

Shadow-Anchored Retail Strip Center

2-16 Tyler Creek Plaza, Elgin, IL 60123

$3,324,000

10,825 sqft

Five-tenant strip center anchored by a remodeled grocery provides a built-in retail mix for durable day-to-day traffic.

Schaumburg Retail Investment Opportunity

Schaumburg Retail Investment Opportunity

1837 Irving Park Road, Schaumburg, IL 60193

$6,350,000

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.

Elgin Land Development Opportunity

Elgin Land Development Opportunity

40 Acres Randall Road, Elgin, IL 60123

$10,000,000

40.40 AC lot

40.4 acres on Randall Road, ideal for mixed-use development.

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.

Rand Road Development Opportunity

Rand Road Development Opportunity

20420 N Rand Road, Deer Park, IL 60074

$2,500,000

1.94 AC lot

1.91 AC land with Rand Road frontage near retail.

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.

Prime Corner Commercial Land Available

Prime Corner Commercial Land Available

8450 Willow Springs Road, Willow Springs, IL 60480

$800,000

1.90 AC lot

Corner lot suitable for retail development, drive-thru, or subdivision.

Madison Street Land Opportunity

Madison Street Land Opportunity

4440-4456 W Madison Street, Chicago, IL 60624

$450,000

0.91 AC lot

Six lots on Madison Street, ideal for development.

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

Value Estimation by Request

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

Value Estimation by Request

399 Bartlett Plz

MINI-MALL

399 Bartlett Plz, Bartlett, IL 60103-4234

$510,000

Estimated value

3.55 AC lot

MINI-MALL

125 Lk St, Bartlett, IL 60103-4143

Value Estimation by Request

2.60 AC lot

SHOPPING CENTER, STRIP CENTER

1051 Lk St, Hanover Park, IL 60133-6645

$760,000

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

$1,855,000

Estimated value

1.61 AC lot

1804 Irving Park Rd

MINI-MALL

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

$1,535,000

Estimated value

1.27 AC lot

355 Prospect Ave, Unit 399

MINI-MALL

355 Prospect Ave, Bartlett, IL 60103-4303

Unit 399

$1,630,000

Estimated value

4.59 AC lot

7580 Barrington Rd

MINI-MALL

7580 Barrington Rd, Hanover Park, IL 60133-2212

$6,865,000

Estimated value

8.69 AC lot

7620 Barrington Rd

MINI-MALL

7620 Barrington Rd, Hanover Park, IL 60133-2213

$6,785,000

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 24,696 square feet of properties for sale, with an estimated market value of $3,481,000.

Sale prices for plazas in Hanover Park, IL start at $3,481,000, averaging $3,481,000, and reaching up to $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.

List

Map

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%

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cook County

New Delisted

Need Help?

Reach out if you need assistance with Realmo tools or have questions about your listings