7401 Briar Lane Hanover Park, IL ^$ 1,099,000

7401 Briar Lane

^$ 1,099,000

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7401 Briar Lane

Hanover Park, IL, 60133

^$ 1,099,000

Bedrooms13 Baths0.0

Monthly Estimate*

^$ 7,591

7401 Briar Lane, Hanover Park, IL 60133 - Image 1

7401 Briar Lane, Hanover Park, IL 60133 - Image 2

7401 Briar Lane, Hanover Park, IL 60133 - Image 3

7401 Briar Lane, Hanover Park, IL 60133 - Image 4

Multi-Family Home for sale in Hanover Park, IL

for $1,099,000 with 13 bedrooms. This home was built in 1969 on a lot size of 0.220156.

Here is an amazing 6-Unit Opportunity for a savvy investor. Fully leased, free Standing, all brick, well maintained solid property with long term tenants. This multifamily apartment building offers 2 garden apartments(2 bedroom/1 bath), 3 apartments with larger rooms(2 Bedroom/1 bath) and 1 huge apartment with 3 bedroom/ 1 bath. It also features and attached 2-car garage. Coin Laundry in basement for extra cash flow. There is also an additional Office and full bathroom in basement. Recently updated parking lot.

Multi-Family Contingent

Price

^$ 1,099,000

Bedrooms

Property Type

Multi-Family

Taxes

^$ 16,807

Style

Lot Size

0.220156

Year Built

1969

Town/City

Hanover Park

County/Region

Cook

MLS | Web ID

12802843

Features

General

Cooling Window Unit(s)

Zoning MULTI

Year Built 1969

Tenant Pays Electricity

Stories Count 2

Tax Year 2025

Gross Income 126360

County Cook

Net Operating Income 90993

Operating Expense 23360

Insurance Expense 6800

Property Type Commercial Sale Multi Family 5+

Contingency Attorney/Inspection

MaintenanceExpense 0

Status Contingent

Directions IRVING PARK W OF BARRINGTON TO BRIAR

City Hanover Park

Number Of Units Total 6

MLS Area Hanover Park

Lot Size Square Feet 9590

Tax Annual Amount 16807

Electric Expense 960

Fuel Expense 4560

Trash Expense 3840

Water Sewer Expense 7200

Additional Parcels Y/N N

Standard Status Active Under Contract

Cap Rate 8.28

Exterior

Lot Dimensions 9590

* Excluded Features

List By

Aaa Property Group

Broker

chicagobroker2020@gmail.com

Affordability Calculator

$8,991

Per Month

Monthly Principal & Interest: $7,591
Monthly Property Taxes: $1,401
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.375% 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

Multi-family listings in Hanover Park, IL

Average List Price ^$1,099,000

Percent of Sale Price 0%

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.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/6/2026	$1,099,000		Listed Price

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7401 Briar Lane, Hanover Park, IL, 60133 is a Multi-Family Home for sale at $1,099,000 with a lot size of 0.220156. 7401 Briar Lane has 13 bedrooms, 0.0 baths, and was built in 1969. 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 7.375% 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 11/10/2026.

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7401 Briar Lane

Multi-Family Home for sale in Hanover Park, IL

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