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20920 Governors Hwy Olympia Fields, IL 60461

Sponsored
For Sale
$125,000

LAND - Olympia Fields, IL

Days on Market:
17
Last Refresh:
Jan 25 at 6:06 am

Property Features for 20920 Governors Hwy

General Information

Special listing conditions
In Foreclosure
Property type
Land
Property subtype
Other
TransactionType
In Foreclosure
Standard status
Active
Zoning
COMMR
APN
31231050160000

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Listing Contact
Moses Hall

MoHall Commercial & Urban Development LLC (312) 826-9925

Listing agent Moses Hall (312) 826-9925

Listing date Jan 9, 2026

MLS# 12542268 Listing URL

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

Prime Commercial Land Opportunity

Located at 20920 Governors Highway, Olympia Fields, IL, this 1.05-acre commercial parcel presents a development opportunity. Zoned B-3 General Retail and Limited Service District, the site is suitable for various commercial developments, including retail centers, financial institutions, medical offices, quick-service restaurants, and mixed-use projects. The property benefits from a high-traffic corridor with 18,667 vehicles passing daily, offering visibility and accessibility. Situated between Walgreens and Gordon Food Services, the property includes cross-access easements. The flat, cleared lot is improved with water, sewer, electricity, and gas. The property has frontage along Governors Highway and easy ingress and egress. The location benefits from local demographics, with 7,697 residents within a one-mile radius and a median household income of 73,302, along with a daytime workforce of over 5,000 employees. The B-3 zoning is suitable for national retailers, medical facilities, professional office buildings, restaurants, and service-oriented businesses. This site is located in a growing commercial area and is suited for developers seeking a high-exposure, investment-ready site.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Olympia Fields
County
Cook
State
Illinois
Longitude
-87.71183
Latitude
41.509159

FAQs

What type of property is this?
Commercial land - 1.05-acre commercial parcel in high-traffic area, ready for development.
Where is this commercial land located?
The property is located at 20920 Governors Hwy Olympia Fields, IL.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: - 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.
More about this property
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