Commercial

Olympia Fields, IL Commercial Land for Sale

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Park Forest, IL Matteson, IL Flossmoor, IL Chicago Heights, IL Richton Park, IL Hazel Crest, IL Country Club Hills, IL Tinley Park, IL
Prime Commercial Land Opportunity
Updated: Jan 7
Prime Commercial Land Opportunity

20920 Governors Highway, Olympia Fields, IL 60461

$125,000
Prime 1.05‑acre commercial parcel zoned B‑3, suitable for diverse developments.
High‑traffic location on Governors Highway with 18,667 vehicles passing daily, ensuring excellent visibility.
Shovel‑ready site with all utilities fully improved for immediate development.
Strategic location between Walgreens and Gordon Food Services with cross‑access easements for easy entry and exit.
Strong local demographics: 7,697 residents within a one‑mile radius and a median household income of $73,302.
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Cook County Land Opportunity
Updated: Mar 6
Cook County Land Opportunity

21000 Olympian Way, Olympia Fields, IL 60461

$750,000
137,214 sqft 10.50 AC lot
137,214 NRSF anticipated for 3‑story climate‑controlled storage development.
Located in Cook County, Illinois, a supply‑constrained market.
10.5‑acre property includes 3.5 acres ideal for self‑storage development.
Proximity to dense residential and commercial populations ensures sustained demand.
Owner financing and land banking options are available.
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B-3 General Retail Development Land
B-3 General Retail Development Land

20920 Governors Highway, Olympia Fields, IL 60461

$125,000
1.05 AC lot

Flat, cleared commercial lot with B-3 zoning and existing water, sewer, electricity, and gas utilities.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Olympia Fields, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Commercial Development Land Parcel
Commercial Development Land Parcel

19611 Crawford Avenue, Flossmoor, IL 60422

$399,800
2.53 AC lot

A 2.53-acre commercial-zoned parcel suitable for neighborhood-oriented retail or service development.

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Commercial Development Land Parcel
Commercial Development Land Parcel

19611 Crawford Avenue, Flossmoor, IL 60422

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2 sqft 2.53 AC lot

Zoned commercial 2.53-acre parcel on Crawford Avenue, suited for retail center or strip mall concepts.

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Prime Commercial Land on Route 30
Prime Commercial Land on Route 30

3601 W Lincoln Highway, Matteson, IL 60443

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0.86 AC lot

37,386 SF site ideal for retail or office development.

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Prime Commercial Site on Route 30
Prime Commercial Site on Route 30

3601-3611 W Lincoln Hwy, Matteson, IL 60443

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37,386 sqft 0.86 AC lot

37,386 SF site ideal for retail, office, or restaurant.

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Olympia Fields, IL Commercial Land Market Trends and Statistics

Explore 3 commercial land for sale in Olympia Fields, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 503,118 square feet of properties for sale, with an estimated market value of $1,000,000.

Sale prices for commercial lots in Olympia Fields, IL start at $125,000, averaging $333,333, and reaching up to $750,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Commercial land 4
Residential land & home lots 1

Demographics Overview

Population 4,678
Population Growth (5Y) -4.9%
Median Household Income $108,203
College Educated 73.5%

High-Yield Neighborhoods for Investment

Identify Olympia Fields submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
60461 $561.9K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cook County

New Delisted

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