Positioned in the heart of Hanover Park, Illinois, 1651 West Irving Park Road presents a compelling opportunity for retail developers and land investors. This 0.40-acre parcel offers exceptional visibility and accessibility along a well-trafficked corridor, making it ideal for retail ventures or mixed-use development. The site’s strategic location ensures strong exposure to both local residents and commuter traffic, enhancing its appeal for businesses seeking high-impact frontage.
Surrounded by national and regional retailers such as McDonald’s, Dunkin’, Burger King, Chase Bank, and T-Mobile, the property benefits from a vibrant commercial ecosystem. The area’s demographic profile supports retail success, with over 18,700 residents within a one-mile radius and average household incomes exceeding $100,000. The average home value in the vicinity ranges from $249,000 to $264,000, indicating a stable and affluent consumer base.
The parcel’s flat topography and prime frontage along Irving Park Road offer flexibility for a variety of development concepts, from freestanding retail to service-oriented uses. Its proximity to Barrington Road and Lake Street further enhances connectivity to surrounding suburbs and major thoroughfares.
This site is well-positioned to capitalize on Hanover Park’s continued growth and its blend of residential density and commercial vitality. Whether for a single-tenant retail build or a multi-use concept, 1651 W Irving Park Road offers a rare chance to secure a high-visibility location in a thriving suburban market.