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Hawthorn Woods, IL Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Hawthorn Woods, Illinois Market population: 8K. Browse multifamily, office, retail, industrial, and mixed-use investment...

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⭐ Featured

Investment Opportunity in La Grange Park, IL

$1,190,000
La Grange Park Multifamily

This multifamily apartment property located in La Grange Park, IL, presents a compelling investment opportunity for real...

Cap Rate 7.68%
NOI $91,392
Size 5,200 SF

πŸ“Š Average Cap Rate For Hawthorn Woods IL Properties: 7.68%

πŸ“Š Avg Property Tax Rate For Hawthorn Woods IL Properties: 2.5900%

πŸ“Š Average Income For Hawthorn Woods IL Commercial Property: $151,193

Investor Questions For Hawthorn Woods IL

Common questions from investors exploring commercial real estate in Hawthorn Woods IL.

What's the overall investment potential of Hawthorn Woods, IL? +
The combination of a high median household income of $151,193, low poverty rate of 2.1%, and excellent health insurance coverage of 97.7% suggests a stable and attractive market for real estate investment, with a strong potential for rental income and property appreciation.
How does the commute time and transportation infrastructure impact the quality of life for residents and investors? +
With an average commute time of 32.4 minutes and a high percentage of residents driving alone or working from home, the transportation infrastructure in Hawthorn Woods, IL supports a good quality of life, which is further enhanced by the low poverty rate of 2.1% and high health insurance coverage of 97.7%, making it an attractive location for both residents and investors.
What role does ethnic diversity and industry mix play in shaping the local real estate market? +
The diverse ethnic makeup of Hawthorn Woods, IL, with top ethnicities including White, White Non-Hispanic, and Asian, combined with a strong industry mix of Information, Finance & Insurance, and Manufacturing, contributes to a vibrant and stable local economy, which in turn supports a healthy real estate market with a high median property value of $496,000 and low poverty rate of 2.1%.
How do the high homeownership rate and median property taxes impact the rental market and investment potential? +
The extremely high homeownership rate of 98.3% in Hawthorn Woods, IL, coupled with relatively high median property taxes of $2,570, may indicate a competitive rental market, but the low poverty rate of 2.1% and excellent health insurance coverage of 97.7% suggest a stable tenant base, making it an attractive location for investors seeking reliable rental income and potential for long-term property appreciation.
What are the implications of the GINI coefficient and foreign-born rate for real estate investors? +
The GINI coefficient of 0.377, indicating a moderate level of income inequality, combined with a foreign-born rate of 14.1%, suggests that Hawthorn Woods, IL has a diverse and relatively affluent population, which can support a strong and stable real estate market, with a high median household income of $151,193 and low poverty rate of 2.1%, making it an attractive location for investors seeking to balance risk and potential returns.

Hawthorn Woods IL Real Estate & City Facts

Key facts and real estate information about Hawthorn Woods IL.

What are some of the best neighborhoods to live in Hawthorn Woods? +
Some of the best neighborhoods to live in Hawthorn Woods include Knottingwood Lake, which is known for its affordability and desirable location. Other neighborhoods, such as those in the east parts of the city, tend to be more desired due to their proximity to amenities and services. Additionally, neighborhoods in the northeast regions offer more affordable housing options.
What are some fun things to do in Hawthorn Woods? +
There are plenty of fun things to do in and around Hawthorn Woods. You can take a scenic stroll through the Lake County Forest Preserves, visit the Hawthorn Mall, or explore the nearby town of Libertyville. For families, there are also options like the Great Wolf Lodge waterpark and Six Flags Great America. If you're looking for something more low-key, you can grab a bite to eat at one of the many restaurants in the area, such as North Point Kitchen & Bar or Polka Dot Restaurant.
What is the food scene like in Hawthorn Woods? +
The food scene in Hawthorn Woods is diverse and offers a range of options. You can find everything from fine dining establishments like Wildfire and Eddie Merlot's to more casual eateries like North Point Kitchen & Bar and Sorelle. There are also plenty of great food trucks and cafes in the area, offering a variety of cuisines to suit every taste and budget.
What are the pros and cons of living in Hawthorn Woods? +
One of the major pros of living in Hawthorn Woods is its desirable location and affordable housing options. The city also offers a range of amenities and services, including parks, restaurants, and shopping centers. However, some cons of living in Hawthorn Woods include its relatively sleepy atmosphere, which may not be ideal for those looking for a more vibrant nightlife or Vibe. Additionally, some residents have noted that the city can feel a bit isolated from nearby cities and towns.
Is Hawthorn Woods a good place to live? +
Overall, Hawthorn Woods is a great place to live for those looking for a suburban lifestyle with easy access to amenities and services. The city offers a range of desirable neighborhoods, a diverse food scene, and plenty of fun things to do. While it may not be ideal for everyone, particularly those looking for a more urban or vibrant atmosphere, Hawthorn Woods is a great option for families, commuters, and those seeking a relaxed and peaceful lifestyle.
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