Hanover Park, IL
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    Hanover Park, IL Shopping Centers for Sale

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    Streamwood, IL Schaumburg, IL Roselle, IL
    Retail Investment Opportunity in Hanover Park
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    Retail Investment Opportunity in Hanover Park

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

    Corporate-backed, two-tenant retail property with upside potential.

    • 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.
    Updated: Mar 6
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    92,000 SF Power Center
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    92,000 SF Power Center

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

    Power center anchored by AMITA Health with Route 59 exposure.

    • 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
    Updated: Sep 12, 2025
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    Retail Building with Major Retailers
    $3,481,000
    24,696 SF

    Retail Building with Major Retailers

    Multi-tenant retail building featuring Harbor Freight and Dollar Tree.

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

    Retail Space on Randall Road
    Contact for pricing
    6,135 SF

    Retail Space on Randall Road

    Retail space in a busy shopping center on Randall Road.

    1770 S Randall Rd, Geneva, IL 60134
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    Schaumburg Retail Investment Opportunity
    Contact for pricing
    16,448 SF

    Schaumburg Retail Investment Opportunity

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

    1837 Irving Park Road, Schaumburg, IL 60193
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    Prime Retail Outlot Opportunity
    Contact for pricing
    5,600 SF

    Prime Retail Outlot Opportunity

    1.63 acre outlot in a busy retail center.

    902 Commons Dr, Geneva, IL
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    Schaumburg Retail Center For Sale
    Contact for pricing
    29,621 SF

    Schaumburg Retail Center For Sale

    Multi-tenant retail center on 3.36 acres in Schaumburg, Illinois.

    506-604 W Wise Rd, Schaumburg, IL
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    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.

    Elgin Land Development Opportunity
    $10,000,000
    40.40 Acres

    Elgin Land Development Opportunity

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

    40 Acres Randall Road, Elgin, IL 60123
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    Aurora Land Ready for Development
    $950,000

    Aurora Land Ready for Development

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

    1900 E New York Street, Aurora, IL 60502
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    Prime Corner Commercial Land Available
    $800,000
    1.90 Acres

    Prime Corner Commercial Land Available

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

    8450 Willow Springs Road, Willow Springs, IL 60480
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    Madison Street Land Opportunity
    $450,000
    0.91 Acres

    Madison Street Land Opportunity

    Six lots on Madison Street, ideal for development.

    4440-4456 W Madison Street, Chicago, IL 60624
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    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

    6606 Barrington Rd

    MINI-MALL
    Value Estimation by Request
    6606 Barrington Rd, Hanover Park, IL 60133-3935
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    6622 Barrington Rd

    6622 Barrington Rd

    MINI-MALL
    Value Estimation by Request
    6622 Barrington Rd, Hanover Park, IL 60133-3935
    View details
    6768 Barrington Rd

    6768 Barrington Rd

    MINI-MALL
    Value Estimation by Request
    6768 Barrington Rd, Hanover Park, IL 60133-3937
    View details
    6622 Barrington Rd

    6622 Barrington Rd

    MINI-MALL
    Value Estimation by Request
    6622 Barrington Rd, Hanover Park, IL 60133-3935
    View details
    6616 Barrington Rd

    6616 Barrington Rd

    MINI-MALL
    Value Estimation by Request
    6616 Barrington Rd, Hanover Park, IL 60133-3935
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    6620 Barrington Rd

    6620 Barrington Rd

    MINI-MALL
    Value Estimation by Request
    6620 Barrington Rd, Hanover Park, IL 60133-3935
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    399 Bartlett Plz

    399 Bartlett Plz

    MINI-MALL • 3.55 Acres
    Value Estimation
    $510,000
    399 Bartlett Plz, Bartlett, IL 60103-4234
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    125 Lk St

    125 Lk St

    MINI-MALL • 2.60 Acres
    Value Estimation by Request
    125 Lk St, Bartlett, IL 60103-4143
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    1051 Lk St

    1051 Lk St

    SHOPPING CENTER, STRIP CENTER • 8,820 SF
    Value Estimation
    $760,000
    1051 Lk St, Hanover Park, IL 60133-6645
    View details
    7201 Olde Salem Cir, Unit 39

    7201 Olde Salem Cir, Unit 39

    MINI-MALL • 1.61 Acres
    Value Estimation
    $1,855,000
    7201 Olde Salem Cir, Hanover Park, IL 60133-2728
    View details
    1804 Irving Park Rd

    1804 Irving Park Rd

    MINI-MALL • 1.27 Acres
    Value Estimation
    $1,535,000
    1804 Irving Park Rd, Hanover Park, IL 60133-3255
    View details
    355 Prospect Ave, Unit 399

    355 Prospect Ave, Unit 399

    MINI-MALL • 4.59 Acres
    Value Estimation
    $1,630,000
    355 Prospect Ave, Bartlett, IL 60103-4303
    View details
    7580 Barrington Rd

    7580 Barrington Rd

    MINI-MALL • 8.69 Acres
    Value Estimation
    $6,865,000
    7580 Barrington Rd, Hanover Park, IL 60133-2212
    View details
    7620 Barrington Rd

    7620 Barrington Rd

    MINI-MALL • 2.72 Acres
    Value Estimation
    $6,785,000
    7620 Barrington Rd, Hanover Park, IL 60133-2213
    View details
    1559 Irving Park Rd

    1559 Irving Park Rd

    Neighborhood centers • 24,696 SF
    Value Estimation by Request
    1559 Irving Park Rd, Hanover Park, IL 60133
    View details
    799 Illinois Rte

    799 Illinois Rte

    Neighborhood centers
    Value Estimation by Request
    799 Illinois Rte, Bartlett, IL 60103
    View details
    810 Illinois Rte

    810 Illinois Rte

    Neighborhood centers • 82,732 SF
    Value Estimation by Request
    810 Illinois Rte, Bartlett, IL 60103
    View details

    Hanover Park, IL Shopping Centers Investment Opportunities Market Analysis

    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.

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    Top Commercial Asset Segments

    Shopping centers 10
    Automotive properties 4
    Car washes 2
    Gas stations 1
    Grocery and convenience stores 1

    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%

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