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Olympia Fields Land Opportunity
For Sale
$750,000

21000 Olympian Way, Olympia Fields, IL 60461

10.5-acre land offering in Cook County, Illinois.

Property Size137,214 SF
Lot Size10.50 Acres
Price / SF$5.47
Days on Market167

Property Features for 21000 Olympian Way

General Information

Standard status Active
Size 137,214 SF
Lot size 10.50 Acres
Property subtype Self Storage
Listing Agency: SVN | Miller Commercial Real Estate Salisbury
Listed By: Hans Hardisty · License #672907
Source: Svnmiller
Added: Mar 6 Changed: Jul 6 Last Checked: Aug 20 at 5:13AM

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 SVN | Miller Commercial Real Estate Salisbury

Investment Insights

Based on property information with market context.

This 10.5-acre land offering is located in Cook County, Illinois. Approximately 3.5 acres are suitable for storage development, with an additional 7 acres available for creative use, access, drainage, or Boat and RV storage. The site is located only 20 minutes south of Chicago, Illinois, and benefits from 35,000 daily drive-by traffic. The property is located within one of the most populous and economically diverse counties in the Midwest, benefiting from proximity to dense residential and commercial populations. The location supports sustained demand for self-storage due to Cook County’s established infrastructure, extensive transportation network, and strong employment base. Anticipated approval for a 3-story climate-controlled facility with approximately 137,214 NRSF. Owner financing and land banking are available. Additional Retail Out-lots listed separately. The property represents an opportunity to develop within a mature, supply-constrained market where barriers to entry and long-term fundamentals continue to support well-located self-storage assets.

Key Highlights

  • 137,214 NRSF anticipated for a 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.

Property Analytics

Current Use

Self storage facilities

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Big Box & Wholesale Store Auto Repair Shop Law Firm

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

347
Businesses Nearby

Demographics for 60461, IL

4,785
Population
2,034
Households
2.4
Avg Household Size
54
Median Age
49%
College-Educated
97%
High-School Grad
3.4 sq mi
ZIP Area
1,407
Density / Sq Mi
$108,203
Median Household Income
$59,914
Median Earnings
$3,501
Median Rent
$289,000
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Land - 10.5-acre land offering in Cook County, Illinois.
Where is this land located?
The property is located at 21000 Olympian Way Olympia Fields, IL.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 137,214 NRSF anticipated for a 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.
More about this property
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