109,412 SF Industrial Warehouse on 30 Acres

101-107 North Washington Street, Hanover, IL 61041

Property Information

  • For Sale $3,700,000
  • Property Type Industrial - Warehouse/Distribution
  • Property Size 109,412 SF
  • Units 5
  • Lot Size 30 Acre
  • Parking Spaces Avail. 100
  • Parking Ratio 0.91 / 1,000 SF
  • Year Built 1921
  • Date Updated Jul 6, 2026
  • Dock High Doors 4
  • HVAC None

Description

Situated in the vibrant town of Hanover, IL, this prime commercial location offers investors a coveted opportunity. Nestled in a picturesque setting, the area boasts a charming mix of local businesses, restaurants, and scenic parks. The property is within close proximity to renowned landmarks such as Apple River Canyon State Park, a popular destination for outdoor recreation, and the popular historic town of Galena, showcasing architectural treasures. With its inviting small-town atmosphere and easy access to amenities, the area attracts both visitors and professionals alike, making it an ideal choice for an office or office building investment opportunity.SVN Chicago Commercial is pleased to present 101-07 N Washington Street in Hanover, Illinois. This 109,412 SF, four-story industrial warehouse is positioned on 30 acres of land along the beautiful Apple River, which borders the states of Wisconsin and Iowa. Perfect for Owner/User or an investment opportunity. Warehouse/Distribution and manufacturing uses welcome. Incentives apply. Seller financing available to qualified buyers. With substantial power capacity, flexible zoning, seller financing, and a 30-acre Apple Riverfront campus, the property is uniquely positioned to support a variety of high-growth industries and destination-oriented redevelopment strategies. Target Uses: Vertical Farming & Hydroponics, Cannabis & Processing Campus, Farming Data Center, Bitcoin Mining, Manufacturing, Food & Beverage DestinationOption to subdivide or lease the entire building. The lease term is negotiable. Target Uses Include: Vertical Farming & Hydroponics, Cannabis & Processing Campus, Farming Data Center, Bitcoin Mining, Manufacturing, Food & Beverage Destination.

Highlights

  • 1 DID
  • 18-25' Clear Heights
  • 3-Phase/480 V | 5,000 Amps
  • 4 Docks
  • Tri-County Incentives Apply
  • Zoned I-1

Contacts

Location

Located at 101-107 North Washington Street, Hanover, IL 61041, this property is part of the Hanover neighborhood.

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