Illinois Cannabis Business For Sale in Hanover: Turnkey Cultivation, Manufacturing, Dispensary & Distribution

Fully Built Out Cannabis Real Estate Property Permitted For Cultivation, Extraction, Transport, Distribution, Commercial, Retail & Manufacturing For Sale (Hanover, Illinois) #1845

Don’t miss this opportunity to acquire a fully built-out cannabis facility in Hanover, Illinois, a strategic location within one of the nation’s most lucrative and stable cannabis markets. This 110,000 sq ft, four-story property is a turnkey operation, permitted for cultivation, extraction, retail, distribution and manufacturing, allowing a new owner to immediately capitalize on the entire cannabis supply chain. The infrastructure is robust and modern, featuring 5,000 AMPS of power, four air-locked loading docks, two elevators, and ceiling heights ranging from 13.5 to 20 feet. Inside, you’ll find seven state of the art grow rooms (six at 1,500 sq ft and one at 3,000 sq ft), a dedicated mom room, a professional extraction lab, and a commercial kitchen. The brand-new, unused fertigation equipment adds to the readiness of this exceptional facility.

The Illinois cannabis market presents a compelling case for investment. With sales exceeding $2 billion in 2024, the state has established itself as a major player, and while market growth has stabilized, it continues at a steady pace, indicating a healthy and sustainable industry rather than a fleeting “green rush.” The state’s social equity initiatives are also creating new opportunities, with a growing number of licenses being issued to new businesses, leading to a more diverse and expanding market. The property’s permits for both hemp and residential use offer additional flexibility and potential for future diversification. This all-in-one facility is a rare find, providing an efficient and integrated operational model that is perfectly positioned to meet the growing consumer demand for a wide range of cannabis products in Illinois.

Details:

Total Space: 110K Sq Ft

4 Story Building

7 Grow Rooms (6 are 1,500 Sq Ft, 1 is 3K Sq Ft)

1 Mom Room

Extraction Lab

Power: 5K Sq Ft

Ceiling Height: 13.5-20’

Commercial Kitchen

4 Loading Docks (Air Locked)

2 Elevators

Fully Built Out Dispensary

Permitted for Hemp or Cannabis

Permitted for Residential

Fertigation Equipment is New and Unused

Asking Price: $3,500,000.00 (Seller Open To Offers)

Must sign an NDA/Waiver and provide Proof of Financials before any other detailed information is released, along with the company’s location. This listing is Fully Exclusive only by Green Life Business Group®®, Inc.

Drew Mathews, DRE CA LIC# 02091143

If you have any questions Contact Drew (619) 653-0483

Email: ceo@glbgroupinc.com

Green Life Business Group®® Inc. we are here to both help you sell or buy a cannabis business opportunity.

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All listings included in this section are represented by locally licensed real estate brokers where necessary.

This listing is represented by (Local Broker) via the Green Life Business Group®® National Affiliate Program.