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sales rep | Brivity IDX

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2630 Lake St W , Hanover Park, IL 60133
$499,000
Est. Payment: $2,677.37/mo
0.66 Acres
Status: active | Days on site: 9
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House 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!

Highlights

Listed by Jason Rosenberg , 312-882-9797 Infiniti Properties, Inc. , 708-206-3000. Midwest Real Estate Data mls logo

Property Type

Commercial Sale

Lot/Acreage
0.66

Year Built

1995

County

Cook

Area

Hanover Park

Listing ID

12751006

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Interior Features

Exterior Features

Lot Dimensions:0
Zoning:COMMR
Principal Interest
$2,677
Taxes
$2,265

Home Price

$499,000

Loan Details

30 yrs
7.08%

Down Payment

20%
$99,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,677.37

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,677.37 $2,265.17 $0.00 $4,942.54
Yearly $32,128.44 $27,182.00 $0.00 $59,310.44
Total $963,853.27 $815,460.00 $0.00 $1,779,313.27
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Master Chief
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Market insight data is pulled from the same city as the listing being viewed (Hanover Park, IL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information submitted to the MRED as of the date listed below. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers' personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time.

Based on information submitted to the MLS GRID as of the date listed below. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers' personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability. Some listings have been excluded from this website.

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Data last updated: 2026-10-27T04:57:04.000Z

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