1794 W Lake Street Hanover Park, IL ^$ 3,850,000

1794 W Lake Street

^$ 3,850,000

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1794 W Lake Street

Hanover Park, IL, 60133

^$ 3,850,000

Studio Baths0.0

Monthly Estimate*

^$ 26,893

1794 W Lake Street, Hanover Park, IL 60133 - Image 1

1794 W Lake Street, Hanover Park, IL 60133 - Image 2

Studio

Lots and Land for sale in Hanover Park, IL

for $3,850,000. The lot size is 8.

The site is located at the northwest corner of Lake Street and Barrington/County Farm Road. It is adjacent to the desirable "Church Street Station" multi-family subdivision. The site is zoned R-4 and B-2, and the Village is open to rezoning for architecturally interesting Transit Orientated Development. Site is walkable to Hanover Park's Metra Milwaukee West Line Station - one of the busiest train stations, and also neighborhood shopping including Starbucks right next door. Minutes to Elgin O'Hare Expressway, which provides access to multiple employment centers. Village is in the midst of a multi-million-dollar street beautification program, including burial of overhead power lines and other improvements. Hanover Park is very eager to work with the development community on this high profile project.

Lots and Land Contingent

Price

^$ 3,850,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 27,519

Style

Multi-Family

Lot Size

Town/City

Hanover Park

County/Region

Cook

MLS | Web ID

11845581

Features

General

Utilities Electric to Site Gas to Site Sanitary Sewer Water to Site

Possession Closing

Township Hanover

Tax Year 2021

Current Use Multi-Family

Percent Ownership Fee Simple

County Cook

Property Type Land Land

Contingency Other Contingency

Status Contingent

Directions West of County Farm Road On the north side of West Lake Street

High School Bartlett High School

City Hanover Park

High School District 46

MLS Area Hanover Park

Waterfront Y/N N

Street Name Lake

Elementary School Ontarioville Elementary School

Tax Annual Amount 27519.19

Middle/Junior High School Tefft Middle School

Additional Parcels Y/N Y

Days on Market 243

Standard Status Active Under Contract

Middle/Junior School District 46

Elementary School District 46

Exterior

Total Parking 0

Lot Dimensions 836 X 280 X 200 X 848 X 337

Lot Size Acres 8

Road Surface Type Asphalt

Frontage Length 836

Frontage Type State Road

Interior

Street Suffix Street

Total Baths 0

* Excluded Features

List By

Land Partners, Llc

Broker

chris@landpartnersllc.com

Affordability Calculator

$29,187

Per Month

Monthly Principal & Interest: $26,893
Monthly Property Taxes: $2,293
Monthly Home Insurance: --

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Loan Term

Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Lots and land listings in Hanover Park, IL

Average List Price ^$1,499,725

Percent of Sale Price 61%

About Hanover Park, IL

38,210 Population

0% Since 2002

^$66,343 Median Income

31.59 Median Age

50% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

564774 Elementary School

567235 Middle School

Bartlett High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
7/28/2023	$3,850,000		Listed Price

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1794 W Lake Street, Hanover Park, IL, 60133 is a Lots and Land for sale at $3,850,000 with a lot size of 8. 1794 W Lake Street is a studio with 0.0 baths. The property's zip code is 60133 which is in Hanover Park, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is 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.

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Data is updated as of 4/30/2024.

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1794 W Lake Street

Lots and Land for sale in Hanover Park, IL

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