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2630 Lake Street W

Active
  • 499,000
  • Property Type: Commercial Sale
  • Location: Hanover Park

Listed by: Infiniti Properties, Inc.

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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!

© 2026 Midwest Real Estate Data, LLC (MRED). The listing information is provided exclusively for consumers' personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MTP or MRED. Listings courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID as of Friday, November 6th, 2026 at 08:41:46 AM. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties displayed may be listed or sold by various participants in the MLS as established by the applicable MLS Governing Documents. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
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View full listing details
Price: 499,000
Address:2630 Lake Street W
City:Hanover Park
County:Cook
State:Illinois
Zip Code:60133
MLS:12751006
Year Built:1995
mrdMc:Active
mrdAag:26-35 Years
mrdB78:no
mrdFpr:None
mrdHvt:Gas
mrdIdx:Y
cooling:None
mrdInfo:None
taxyear:2023
electric:Three Phase
mlsstatus:Active
mrdBoardnum:8
actualStatus:Active
mlsareamajor:Hanover Park
propertyType:Mixed Use
taxannualamount:27182
lotsizesquarefeet:28750
mrdPropertyOffered:For Sale Only
allowedUseCaseGroups:IDX
2630 Lake Street W2630 Lake Street W

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About Us

Started in 1991, Infiniti Properties Inc. was mainly a property management company - buying and managing over 100 units all over the southern suburbs of Chicago. With the addition of our newest office in Chicago, Infiniti Properties Inc. now has 3 locations to best serve your needs. Our other offices are located in Orland Park and Homewood Illinois. Managing Broker Mark McGee and a staff of over 180 agents, are experienced and ready to help you purchase or sell your next property.

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(708) 206-3000
Info@InfinitiProperties.net
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Nicole Lambros
(708) 935-2252
(708) 687-0200
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15341 S. 94th Ave., Suite 101 Orland Park, IL 60462 Branch License Number 1988316
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