www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
20146949

2630 W Lake St, Hanover Park, IL 60133 For Sale

SS
IL IL 475134397
Illinois Real Estate Partners Inc
Listed by Illinois Real Estate Partners Inc
$425,000
663 days on market
Updated 75 days ago

2630 West Lake St, Hanover Park, Illinois

Details
Property Type Land
Sub Type Commercial
Broker Co-Op Yes
Acreage 0.660
Zoning BP
Ownership Fee Simple

.66 Acres of Prime Land on Highly Traveled Street.

Marketing description

Introducing PRIME LAND FOR SALE/REDEVELOPMENT at 2630 West Lake Street, Hanover Park, Illinois! Priced at $595,000, this property offers a rare opportunity for commercial development on a .66-acre lot with high visibility along Lake Street, where 85,000 cars pass by daily. The existing 6-bay Car Wash on-site provides flexible options for transformation. Conveniently located near Elgin-O'Hare Tollway/Illinois Route 390 interchange, this property boasts 129' of frontage along the bustling U.S. Highway. The area's dense population of approximately 272,200 people, with an average household income of $114,800, presents a lucrative market for businesses. With easy access to major retailers and drive-thru franchise restaurants, this property is ideal for various commercial ventures. Don't miss out on this incredible opportunity! Schedule a tour today and explore the potential of this PRIME parcel in Hanover Park!

Investment highlights

  • .66 Acres (28,750 Square Feet)

  • 129’ Frontage x 224’ Located on U.S Highway (Lake Street)

  • 3 Phase electricity

  • Lighted sign for advertising

  • Easy access for drive-in/ drive-out

  • Easily accessible to/from Elgin-O’Hare Tollway and Illinois Route 390 interchange

  • Situated on heavily traveled Lake Street (over 85,000 cars per day)

Listing Contacts

SS
IL IL 475134397
Illinois Real Estate Partners Inc
Listed by Illinois Real Estate Partners Inc

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Stevhanie Schneider
License
IL 475134397
Brokerage
Illinois Real Estate Partners
Title
Dir. Commercial Real Estate
Brokerage Address
450 West 22nd Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591