B-3 General Retail Development
20920 Governors Highway Olympia Fields, IL 60461
For Sale
$125,000
Flat, cleared commercial lot with B-3 zoning and existing water, sewer, electricity, and gas utilities.
Lot Size1.05 Acres
Days on Market238
Property Features for 20920 Governors Highway
General Information
- Standard status
- Active
- Lot size
- 1.05 Acres
- Property subtype
- Land
Listing Agency:
MoHall Commerical & Urban Development
(312) 826-9925
Listed By:
Moses Hall · License #471019687
(312) 826-9925
Source:
Compass
Added: Nov 29, 2025
Changed: Jul 23
Last Checked: Jul 25 at 11:31AM
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 MoHall Commerical & Urban Development
Investment Insights
Based on property information with market context.
This 1.05-acre commercial parcel is presented as a development site with B-3 General Retail and Limited Service District zoning. The lot is flat and cleared, and it is fully improved with water, sewer, electricity, and gas, creating a shovel-ready foundation for appropriate commercial development.
The property is located in a high-traffic corridor with 18,667 vehicles passing daily and offers frontage along Governors Highway. It is positioned between Walgreens and Gordon Food Services, and the site benefits from cross-access easements designed to support convenient entry and exit for customers and deliveries.
For planning purposes, the area includes 7,697 residents within a one-mile radius and a daytime workforce of over 5,000 employees, with a median household income of $73,302. The B-3 zoning supports a range of commercial uses including retail, financial institutions, medical offices, quick-service restaurants, and mixed-use projects, subject to applicable approvals.
The property is located in a high-traffic corridor with 18,667 vehicles passing daily and offers frontage along Governors Highway. It is positioned between Walgreens and Gordon Food Services, and the site benefits from cross-access easements designed to support convenient entry and exit for customers and deliveries.
For planning purposes, the area includes 7,697 residents within a one-mile radius and a daytime workforce of over 5,000 employees, with a median household income of $73,302. The B-3 zoning supports a range of commercial uses including retail, financial institutions, medical offices, quick-service restaurants, and mixed-use projects, subject to applicable approvals.
Key Highlights
- 1.05‑acre flat, cleared commercial parcel at 20920 Governors Highway in Olympia Fields, IL
- B‑3 General Retail and Limited Service District zoning suitable for retail, financial institutions, medical offices, quick‑service restaurants, and mixed‑use
- High‑traffic corridor location with 18,667 vehicles passing daily along Governors Highway
Property Analytics
Location Intelligence
Current Use by Public Records
Commercial land
FAQs
What type of property is this?
Commercial land - Flat, cleared commercial lot with B-3 zoning and existing water, sewer, electricity, and gas utilities.
Where is this commercial land located?
The property is located at 20920 Governors Highway 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: 1.05‑acre flat, cleared commercial parcel at 20920 Governors Highway in Olympia Fields, IL; B‑3 General Retail and Limited Service District zoning suitable for retail, financial institutions, medical offices, quick‑service restaurants, and mixed‑use; High‑traffic corridor location with 18,667 vehicles passing daily along Governors Highway
