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1794 W Lake St
Hanover Park, IL 60133
Terrain À vendre · 8,00 AC

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FAITS SAILLANTS DE L'INVESTISSEMENT

  • Recently approved MPD site plan with 11 granted variances to allow maximum development flexibility.
  • Approved Concept: 169 attached homes across multiple building types.
  • Nearby Amenities: Starbucks, Hanover Square Shopping Center, restaurants, and retail.
  • Phase I & II environmental, soil borings, and test pits results available.
  • Adjacent to the Church Street Station townhomes, contributing to a cohesive residential environment.
  • Lake Street Multi-Use Path (currently in design) will provide continuous pedestrian and bicycle access to Metra and more.

RÉSUMÉ DE L'ANNONCE

CBRE is pleased to present a premier infill 8-acre residential development opportunity located at the northwest corner of Barrington Road and Lake Street (Route 20) in Hanover Park, Illinois. The property offers excellent visibility and access, positioned near major regional connectors including I-390 (Elgin-O’Hare Expressway) and just 0.2 miles (approximately 4–5 minutes walking distance) from the Hanover Park Metra Station, which provides a direct 45-minute ride to Chicago Union Station.
The property has conceptual approval for approximately 169 attached homes. The site is currently zoned Planned Unit Development (PUD) with underlying designations of VC-C (Village Center Mixed-Use Core District) and B-2 (Local Business District). The VC-C zoning supports high-density, pedestrian-oriented development along major corridors and near transit, allowing for a wide mix of residential and commercial uses.

FAITS SUR LA PROPRIÉTÉ

Type de vente Investissement
Nombre de lots 1
Type de propriété Terrain
Sous-type de propriété Résidentiel
Utilisation proposée
Usage mixte
  • Multi-résidentiel
Taille totale du lot 8,00 AC
Zonage R-4, B-2 - Quartier commerçante communautaire

1 LOT DISPONIBLE

Lot

Taille du lot 8,00 AC

DESCRIPTION

This prime Hanover Park residential development opportunity is located at the northwest corner of Barrington Road and Lake Street (Route 20), directly across from the Hanover Park Metra Station, offering a 45-minute ride to Chicago Union Station. The 8-acre site is zoned VC-C (Village Center Mixed-Use Core District) and B-2 (Local Business District) and features an approved concept plan for 169 attached homes across multiple building types. The property benefits from strong village support, an MPD site plan approved with 11 variances for flexibility, and existing detention basin. Phase I & II environmental reports and soil borings are available, and the Lake Street Multi-Use Path is in design for pedestrian and bike access. With traffic counts of 37,800 VPD on Lake Street and 26,995 VPD on Barrington Road, plus proximity to Starbucks, Hanover Square Shopping Center, restaurants, and retail, this location offers exceptional connectivity and convenience. Nearby schools are highly rated, including Ontarioville Elementary (8), Eastview Middle (7), and Bartlett High (7)

Impôts fonciers

Impôts fonciers

Numéros de lot
Plusieurs
  • 06-36-411-003-0000
  • 06-36-411-004-0000
  • 06-36-411-005-0000
  • 06-36-411-002-0000
Évaluation du terrain
184 381 $ CAD
Évaluation des bâtiments
0 $ CAD
Évaluation totale
184 381 $ CAD
  • ID d’inscription: 38488739

  • Date de mise sur le marché: 2025-11-18

  • Dernière mise à jour:

  • Adresse: 1794 W Lake St, Hanover Park, IL 60133

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