Map
Listed price in listed location currency (USD).
$499,000

000

MLS® 12751006

Overview

Key Facts

Type Mixed Use
Levels Commercial Sale
Size -
Garage 
Taxes $27,182
Days Active 3
Lot Size 28750 SF
Approx. Age 1995
MLS® Number 12751006

Property Address: 2630 Lake Street W, Hanover Park, IL, 60133

Average square foot calculated using Size range provided by listing agent.

Description

PRIME LAKE STREET COMMERCIAL / REDEVELOPMENT OPPORTUNITY IN HANOVER PARK! Located at 2630 Lake Street, this highly visible commercial property offers tremendous potential for an investor, developer, or owner-user. The site is currently improved with a non-operational former self-service car wash, but the real opportunity is in the land, location, substantial existing infrastructure, and future redevelopment possibilities. The property was originally designed with infrastructure sufficient to accommodate an eight-bay car wash, resulting in significantly oversized utilities. Per seller, the property features three-phase electric service, an oversized natural gas supply serving two approximately 350, 000 BTU boilers, an oversized incoming water supply line approximately 2.5"-2.75" in diameter, and an oversized sewer system designed to handle simultaneous water discharge from eight bays. These substantial utility improvements may provide considerable value for a future commercial redevelopment or adaptive reuse. Additional site improvements include three catch basins located outside the building on the east side of the south bay, which may potentially lend themselves to future restaurant or food-service applications, subject to municipal approval and buyer verification. The existing building is constructed with heavy-duty solid utility brick, selected for durability and resistance to temperature extremes, pressure, moisture, and heavy use. The car wash is not currently operational, giving a buyer the opportunity to renovate and repurpose the existing facility or explore an entirely new commercial concept. The combination of Lake Street exposure, existing paved improvements, heavy-duty construction, three-phase power, oversized gas, water and sewer infrastructure, and redevelopment potential makes this a truly unique offering. Property is being sold AS-IS. Buyer to perform all due diligence and independently verify zoning, permitted uses, utility sizes/capacities, redevelopment possibilities, environmental conditions, and all Village requirements. Bring your vision to this exceptional Hanover Park commercial opportunity!
MLS® Number12751006
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1995
Basement
Driveway
Garage Spaces
Heat
A/CNone

Extras

Map

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Similar Listings

Comparable Properties