For Sale
$500,000

21000 Olympian Way Olympia Fields, IL 60461

Prime Retail Land, High Traffic Area

Overview

Added:
Dec 11, 2024
Days on market:
127
This exceptional 1-acre retail property in Olympia Fields, IL, presents a lucrative investment opportunity. Located at a four-way lighted intersection on Olympian Way, this site boasts unparalleled visibility and accessibility. Situated between two thriving McDonald's restaurants, the property benefits from high daily traffic counts: 34,000 vehicles on US Highway 30 and 66,300 on I-57. Its strategic location directly east of the I-57 and US Hwy 30 interchange and I-57 exit ramps ensures maximum exposure. The property fronts Lincoln Highway (Route 30) between CVS and Speedway, providing excellent brand synergy. Zoned B-3 Commercial Service and Wholesale District, the property allows for diverse development options, including retail, multifamily, and self-storage, subject to village approval. Owner financing and land banking are available. The property's APN is 31-23-200-017, and annual taxes are $45,755. This location is served by Matteson Elementary School District 162 and Rich Township School District 227. Don't miss this chance to acquire a high-traffic, strategically located retail pad in a thriving community.

Highlights

  • $500,000 asking price for a 1-acre retail land parcel.
  • B-3 Commercial Service and Wholesale District zoning.
  • Located at a four-way lighted intersection, offering excellent visibility.
  • Situated between two McDonald's restaurants on Route 30 (Lincoln Highway), between CVS and Speedway, with direct access to I-57 and US Hwy 30.
  • High traffic counts: 34,000 vehicles/day on US Hwy 30 and 66,300 vehicles/day on I-57.
  • APN: 31-23-200-017; Annual property taxes: $45,755.

Property Details for 21000 Olympian Way

Property type
Retail properties, Land
Lot Size (sq. ft)
43,560 SF

Location Insight

City
Olympia Fields
County
Cook
State
Illinois
Latitude
41.507201
Longitude
-87.701423
21000 Olympian Way, Olympia Fields, Illinois

FAQs

What type of property is this?
Retail property - Prime Retail Land, High Traffic Area
Where is the retail property located?
The property is located at 21000 Olympian Way Olympia Fields, IL.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: $500,000 asking price for a 1-acre retail land parcel.; B-3 Commercial Service and Wholesale District zoning.; Located at a four-way lighted intersection, offering excellent visibility.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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21000 Olympian Way
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