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Commercial Land Parcel
For Sale
$850,000
Pending

8700 Ridgeland Avenue, Oak Lawn, IL 60453

Corner land site at 87th St and Ridgeland Ave in a major shopping and business district.

Property SizeContact for details
Days on Market715

Property Features for 8700 Ridgeland Avenue

General Information

Standard status Pending
Property subtype Land

Taxes and HOA fees

Annual Taxes $6,340
Listing Agency: Network Property Managment LLC
Listed By: Adam Haleem · License #475191917
Source: Compass
Added: Nov 13, 2024 Changed: Oct 26 Last Checked: Oct 28 at 11:45AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Network Property Managment LLC

Rey
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Investment Insights

Based on property information with market context.

This commercial land parcel is situated on the southwest corner of 87th St and Ridgeland Ave, positioned within a major shopping and business district.

Businesses along Ridgeland Ave include Jewel Food Store, Dunkin Donuts, and Dollar Tree, alongside other national and regional retailers.

The property is offered for sale at 8700 Ridgeland Avenue in Oak Lawn, Illinois, Cook County.

Key Highlights

  • Corner land site at the southwest corner of 87th St & Ridgeland Ave
  • Located in a major shopping & business district in Oak Lawn, IL
  • Surrounded by national and regional businesses along Ridgeland Ave including Jewel, Dunkin Donuts, and Dollar Tree

Property Analytics

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Suggested Use

Top Pick Law Firm Real Estate Agency Hair Salon Spa & Massage Center Nail Salon Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

383
Businesses Nearby

Demographics for 60453, IL

58,362
Population
23,115
Households
2.5
Avg Household Size
40
Median Age
30%
College-Educated
90%
High-School Grad
8.5 sq mi
ZIP Area
6,866
Density / Sq Mi
$82,493
Median Household Income
$48,810
Median Earnings
$1,310
Median Rent
$267,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Commercial land - Corner land site at 87th St and Ridgeland Ave in a major shopping and business district.
Where is this commercial land located?
The property is located at 8700 Ridgeland Avenue Oak Lawn, IL.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Corner land site at the southwest corner of 87th St & Ridgeland Ave; Located in a major shopping & business district in Oak Lawn, IL; Surrounded by national and regional businesses along Ridgeland Ave including Jewel, Dunkin Donuts, and Dollar Tree
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