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Land - PRIME Signalized Corner | 2.92 Acres | Lake and Gary, Hanover Park, IL

6N632 Gary Avenue Hanover Park, IL 60172

6N632 Gary Avenue, Hanover Park, IL, 60172
6N632 Gary Avenue, Hanover Park, IL, 60172
UNDER CONTRACT FOR SALE
Property Type:
Other Land
Amount:
$2,350,000
Last Verified:
Jun 10, 2020

Highlights

  • Attractive User-Size Property | 2.92 Acres | Great Location | Optional 2.70 Acres Available
  • Signalized Intersection; Excellent Demographics
  • One Mile from the Elgin / O'Hare Interstate 390 Tollway
  • One and One-Half Miles North of Stratford Square Mall
  • Three Miles North-West of Hanover Park Metra Station
  • Development Friendly Community | Infill Location
  • Traffic Counts: Gary Avenue 37,800, Lake Street 27,600
  • Population 295,000 | Average Household Income Over $94,000 in a Five-Mile Radius

 

Description

Marcus & Millichap is pleased to present this attractive infill vacant land opportunity located in unincorporated Roselle, Illinois. The property will be developed into Hanover Park, Illinois. Hanover Park would be interested in annexing the property into the village with a retail / commercial zoning. Water and sewer are available approximately 1,000 feet from the properties western border. This land has the potential uses of retail, restaurant, office, medical, grocery, hotel, and specialty.

This 2.92 acre site, with an optional 2.70-acres available, is located in DuPage County at the southwest corner of Lake Street and Gary Avenue with traffic counts at that intersection in excess of 65,000 cars per day. The property sits at a signalized intersection, one mile east of the Elgin / O'Hare "390" Tollway, one and one-half miles from Stratford Square Mall and three miles from the Hanover Park Metra station. Nearby retailers include: Jimmy Johns, Dunkin Donuts, Verizon Wireless, Tilted Kilt, Holiday Inn Express, Pizza Hut, Wing Stop, Napa Auto Parts, CarQuest Auto Parts, McDonald's, Wendy's, Denny's and Caputo' s grocery store.

Hanover Park is a village in Cook and DuPage counties in Illinois, a suburb of Chicago. The population is more that 295,000 with a median household income of $94,000 within five miles of the subject property.

Marcus & Millichap is pleased to present this attractive infill vacant land opportunity located in unincorporated Roselle, Illinois. The property will be developed into Hanover Park, Illinois. Hanover Park would be interested in annexing the property into the village with a retail / commercial zoning. Water and sewer are available approximately 1,000 feet from the properties western border. This land has the potential uses of retail, restaurant, office, medical, grocery, hotel, and specialty.

This 2.92 acre site, with an optional 2.70-acres available, is located in DuPage County at the southwest corner of Lake Street and Gary Avenue with traffic counts at that intersection in excess of 65,000 cars per day. The property sits at a signalized intersection, one mile east of the Elgin / O'Hare "390" Tollway, one and one-half miles from Stratford Square Mall and three miles from the Hanover Park Metra station. Nearby retailers include: Jimmy Johns, Dunkin Donuts, Verizon Wireless, Tilted Kilt, Holiday Inn Express, Pizza Hut, Wing Stop, Napa Auto Parts, CarQuest Auto Parts, McDonald's, Wendy's, Denny's and Caputo' s grocery store.

Hanover Park is a village in Cook and DuPage counties in Illinois, a suburb of Chicago. The population is more that 295,000 with a median household income of $94,000 within five miles of the subject property.

Lot Size: 2.92 acres

Map of 6N632 Gary Avenue, Hanover Park, IL, 60172

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

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