1794 West Lake Street

Hanover Park, IL 60133

For Sale

8 ac

Sale Price

Contact Broker For Pricing
Brochure
Map
Land For Sale - Available November 2025
Multifamily Development Site
Approved Concept: 169 attached homes across multiple building types.
Recently approved MPD site plan with 11 granted variances to allow maximum development flexibility.
Nearby Amenities: Starbucks, Hanover Square Shopping Center, restaurants, and retail.
Phase I&2 environmental, soil borings, and test pits results available.
5-minute walk from the Hanover Park Metra Station, which provides a direct 45-minute ride to Chicago Union Station.
Get in touch
Mike Smith
MS
Tony Gange
TG
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.
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.

Total Space Available

8 ac

Sale Price

Contact Broker For Pricing
Get in touch
Mike Smith
MS
Tony Gange
TG