7421 Astor Ave - Storefront Retail/Office FOR SALE


Hanover Park, IL 60133
$295,000 USD
847-312-6794
7421 Astor Ave, Hanover Park, IL for Sale
$295,000 USD
Storefront Retail/Office - FOR SALE
1/13
null | Request Cap Rate

7421 Astor Ave
Hanover Park, IL 60133


HIGHLIGHTS

  • Well-constructed one-story brick office/retail building featuring three large open spaces, a general office area, a full kitchen, and three restrooms.
  • Located adjacent to the Hanover Park Astor Community Center with immediate access to surrounding restaurants and retail shops.
  • Ample outdoor space including rear area and side patio, providing flexibility for various commercial uses.
  • Parking capacity with potential expansion to approximately 16 spots, supporting multi-tenant or single-user occupancy.
  • Strong visibility within Hanover Park’s central business district, offering proximity to major roadways such as Irving Park Road and McKool Avenue.
  • Built for quality and durability with brick, concrete, and wood construction materials, ensuring long-term operational reliability.

OVERVIEW

OFFICE -RETAIL BUILDING- ALL QUALITY CONSTRUCTION WITH BRICK EXTERIOR. 3 LARGE OPEN SPACES, GENERAL OFFICE AREA, FULL KITCHEN AREA, AND 3 RESTROOMS. OUTSIDE AREA IN REAR AND PATIO ON SIDE. BUILDING COULD HAVE MANY USES. PARKING COULD BE INCREASED TO POSSIBLY 16 PARKING SPOTS. RIGHT NEXT TO THE HANOVER PARK ASTOR COMMUNITY CENTER. NEARBY RESTAURANTS AND SHOPS. ----------SELLER WILL NOT SELL FOR USE AS A DAYCARE OR CHILD LEARNING CENTER BUSINESS......... Situated next to the Hanover Park Astor Community Center, the property benefits from an established neighborhood setting and nearby dining and retail options. With lot dimensions of 70 by 120 feet, there is capacity to increase parking to approximately 16 spaces, further enhancing convenience for users and visitors. Positioned within Hanover Park’s central commercial district, the location affords easy connectivity to major surface roads and regional hubs. Offered at $295,000, this property will be available for possession within approximately 60 days, allowing buyers to plan improvements or occupancy timelines efficiently. Its versatile interior configuration and established infrastructure make it suitable for a variety of commercial or office uses under current zoning designations.

FOR SALE DETAILS

PRICE

$295,000 USD

PRICE/SF

$123 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1978

SPRINKLERS

-

PARKING SPACES

17

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,276 SF

ZONING

R4, Hanover Park

APN/PARCEL ID

06-25-302-059-0000

ASK ABOUT THIS PROPERTY

Michael BischoffBaird & WarnerMore Info
847-312-6794

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Michael BischoffBaird & WarnerMore Info
847-312-6794

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.