2630 Lake W Street
Hanover Park, IL, 60133
$499,000
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0 Baths
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MLS #MRD12751006 image #0
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!

Property Details

Price:
$499,000
MLS #:
MRD12751006
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Mixed Use
Neighborhood:
hanoverpark
Listed Date:
Sep 3, 2026
Year Built:
1995
Hanover ParkHanoverpark

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Tax Year
2023
Taxes
$27,182

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Market Summary

Current real estate data for Commercial in Hanover Park as of Oct 05, 2026
4
Commercial Listed
84
Avg DOM
$804,725
Avg List Price

Property Summary

    2630 Lake W Street Hanover Park IL is a Commercial for sale in Hanover Park, IL, 60133. It is listed for $499,000

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2630 Lake W Street
Hanover Park, IL