1557-1559 Irving Park Rd | Hanover Park, IL 60133
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1557-1559 Irving Park Rd
Hanover Park, IL 60133
Harbor Freight Tools and Dollar Tree · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Corporate Backed NNN Leases/ Harbor Freight (Top 3 IL Store) & Dollar Tree
- Strategic Location In Strong Performing Sales Retail Hub| Surrounded By High Performing National Retailers: Menards, Super-Walmart, Walgreens & Target
- Signalized Intersection/High Traffic Counts/Tenant Pylon Signs | ±63,433vpd
- Strong Credit Tenant Lease Terms/Harbor Freight Early Renewal - Approx. 5 Years Remaining & Dollar Tree new 10-year term with increase in Year 5
- Intrinsic Value/Below Replace Costs - $141 psf
- Strong Trade Area Demographics | 130,000 Residential Population within 3 Miles
PROPERTY FACTS
Property Type
Retail
Property Subtype
Storefront
Building Size
24,696 SF
Building Class
C
Year Built/Renovated
1969/2023
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.26
Lot Size
2.18 AC
Zoning
B-2 - Local Business District
Parking
106 Spaces (4.29 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Pylon Sign
- Signalized Intersection
PROPERTY TAXES
| Parcel Number | 07-30-301-022-0000 | Improvements Assessment | $498,315 |
| Land Assessment | $237,185 | Total Assessment | $735,500 |
PROPERTY TAXES
Parcel Number
07-30-301-022-0000
Land Assessment
$237,185
Improvements Assessment
$498,315
Total Assessment
$735,500
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