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    20000 Governors Dr Olympia Fields, IL 60461

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    For Lease
    $11 SF/Yr

    Office and medical spaces in Olympia Fields, ample parking.

    Property size:
    29,339 SF
    Lot size:
    2.46 Acres

    Property Features for 20000 Governors Dr

    General Information

    Size
    29,339 SF
    Lot size
    2.46 Acres

    Source: Network Commercial Real Estate Agent Josh Budny

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Olympia Fields Office/Medical Space

    This property is a four-building portfolio offering general office and medical office spaces. It is situated in Governors Office Park, located at the southwest corner of Vollmer Road and Governors Highway in Olympia Fields, Illinois. The buildings feature elevator access and storage spaces. Ample parking is available on-site. The location provides convenient access to public transportation. It is approximately 3 minutes from I-57 highway and 9 minutes from I-294 Tollway. The property encompasses a total of 29,339 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Sole 2 Sole, ... Podiatrist Samuel S. Park ... Orthopedic Surgeon Eveleigh Williams, DPM Podiatrist

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Olympia Fields
    County
    Cook
    State
    Illinois
    Longitude
    -87.702781
    Latitude
    41.5261257

    Nearby Similar for Lease

    • $15 SF/Yr

      Olympia Fields Office Space Available

      Second floor office space ideal for medical or professional use.
      2555 Lincoln Hwy, Olympia Fields, IL 60461
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    • $15 SF/Yr

      Olympia Fields Office/Medical Space

      Two-story brick building suitable for medical or professional use.
      2555 W Lincoln Hwy, Olympia Fields, IL 60461
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    • $15 SF/Yr

      Olympia Fields Office Space Available

      Second floor office space in a high-visibility Olympia Fields location.
      2555 Lincoln Hwy, Olympia Fields, IL 60461
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    • $11 SF/Yr
      21,405 SF

      Olympia Fields Office and Medical

      Office and medical spaces in Olympia Fields with ample parking.
      20280 Governors Hwy, Olympia Fields, IL 60461
      View Details
    • Contact for pricing
      1,300 SF

      Retail Building on High-Traffic Corner

      1,300 SF freestanding building on a 17,570 SF lot.
      21100 Lincoln Hwy, Olympia Fields, IL 60461
      View Details
    • Contact for pricing
      22,890 SF

      Olympia Fields Office Space Available

      Multiple office spaces available in Olympia Fields, Illinois.
      20200 Governors Dr, Olympia Fields, IL 60461
      View Details

    FAQs

    What type of property is this?
    Office space - Office and medical spaces in Olympia Fields, ample parking.
    Where is this office space located?
    The property is located at 20000 Governors Dr Olympia Fields, IL.
    What is the lease rate?
    The lease rate is $11 SF/Yr.
    What are key features of this property?
    This property features: - Portfolio of 4 buildings with general and medical office spaces.; - Located in Governors Office Park at the corner of Vollmer Road and Governors Highway.; - Ample parking available on the property.
    (708) 873-5540
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    20000 Governors Dr Olympia Fields, IL 60461
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    20000 Governors Dr Olympia Fields, IL 60461
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