1051 LkHanover Park, IL 60133

  • Retail properties
  • 8,820 SF
Off market
$282,329 Estimated

Property Details for 1051 Lk

Year built
1976
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
1.16 AC
Property size (Sq ft)
8,820 SF
Property type
Retail properties
Property subtype
Strip malls
APN
02-05-300-024
APU
205300024

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,341,057
    6.5%
    $2,160,976
    7%
    $2,006,620
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,256,495
    Geo Method
    $2,894,988
  • Alternative Use

    Use
    Valuation
    Residential
    $1,822,864
    Hospitality
    $1,669,733
    Educational
    $1,389,199
    Medical
    $1,436,975
    Retail
    $2,160,976
1051 Lk, Hanover Park, Illinois

Location Insight

City
Hanover Park
County
Dupage
State
Illinois
Latitude
41.9771
Longitude
-88.1291
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $81,300
  • Assessed land value
    $152,030
  • Assessed value
    $233,330
  • Tax year
    2023
  • Tax bill
    $19,791

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