Description
Prime mixed-use lot for sale in Hanover Park, offering over half an acre of land just one block from the Hanover Park Metra Station. The property is currently zoned VC-R Mixed-Use Residential, allowing for a wide range of permitted uses including single-unit and multi-unit residential (2+ units), community residence, library, museum, cultural institution, park and recreational uses, accessory parking structures, office, daycare, and more. Strategically located along a high-visibility corridor with average daily traffic counts of approximately 12,100 vehicles per day, providing excellent exposure for future development. The adjacent southern parcel is owned by the City of Hanover Park and may present a potential opportunity for assemblage, subject to municipal approval. Ideal for developers, investors, or owner-users seeking a transit-oriented site with flexible zoning, strong traffic counts, and close proximity to public transportation, downtown amenities, and regional access. Virtual renderings of potential development are included and may extend beyond the subject property boundaries, as the adjacent parcel is also available for sale by the City.
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Description
Prime mixed-use lot for sale in Hanover Park, offering over half an acre of land just one block from the Hanover Park Metra Station. The property is currently zoned VC-R Mixed-Use Residential, allowing for a wide range of permitted uses including single-unit and multi-unit residential (2+ units), community residence, library, museum, cultural institution, park and recreational uses, accessory parking structures, office, daycare, and more. Strategically located along a high-visibility corridor with average daily traffic counts of approximately 12,100 vehicles per day, providing excellent exposure for future development. The adjacent southern parcel is owned by the City of Hanover Park and may present a potential opportunity for assemblage, subject to municipal approval. Ideal for developers, investors, or owner-users seeking a transit-oriented site with flexible zoning, strong traffic counts, and close proximity to public transportation, downtown amenities, and regional access. Virtual renderings of potential development are included and may extend beyond the subject property boundaries, as the adjacent parcel is also available for sale by the City.
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Based on information submitted to the MLS GRID as of 2026-05-09T17:05:37.58 UTC. 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.
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