Land - PRIME Signalized Corner | 2.92 Acres | Lake and Gary, Hanover Park, IL
Listing was updated at: 02/14/2019
Property Overview
Price/Rent PSF $ 2,350,000.00
Asset Type Land
Trade Type Sale
Acres Available 2.92
Date Available 02/14/2019
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Description

Location
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.

Sale
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.

Location