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Family Dollar Retail Building
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2441 Lincoln Hwy, Olympia Fields, IL 60461

Single-tenant retail property with more than five years remaining on the current lease term.

Property Size9,375 SF
Days on Market144

Property Features for 2441 Lincoln Hwy

General Information

Standard status Active
Size 9,375 SF
Property subtype Retail

Additional Details

Highway Access Yes

Building Details

Buildings 1
Tenancy Single
Listing Agency: CBRE - Oak Brook
Listed By: Michael Kaider · License #IL 475154630
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 4:09PM

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 CBRE - Oak Brook

Investment Insights

Based on property information with market context.

The offering comprises a 9,375-square-foot Family Dollar retail building in Olympia Fields, Illinois. The lease has been extended and includes more than five years of remaining term, along with three additional five-year renewal options. Each option carries a 10% rental increase.

The property occupies the intersection of Lincoln Highway, also identified as Route 30, and Western Avenue. Traffic volumes near the site are reported at 32,200 vehicles per day on Lincoln Highway and 13,400 vehicles per day on Western Avenue. The location is approximately 27 miles south of downtown Chicago, with I-57, I-90/94, and I-80 providing connections throughout the greater Chicago metropolitan area, Joliet, and Northwest Indiana.

Key Highlights

  • 9,375‑square‑foot Family Dollar retail building
  • More than five years remaining on the current lease term
  • Three additional 5‑year renewal options

Property Analytics

Current Use

Family Dollar Discount Store

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Big Box & Wholesale Store Auto Parts Store Spa & Massage 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.

Lease Details

Single-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

578
Businesses Nearby
295k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 36% Dining 29% Shops & Services 19% Groceries 11%
Walmart Superstores
105,359 visits/mo 0.1 miles
Food 4 Less Groceries
33,790 visits/mo 0.2 miles
McDonald's Dining
30,789 visits/mo 0.1 miles
White Castle Dining
19,322 visits/mo 0.1 miles
Wendy's Dining
16,926 visits/mo 0.3 miles

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 Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Single-tenant retail property with more than five years remaining on the current lease term.
Where is this nnn property located?
The property is located at 2441 Lincoln Hwy Olympia Fields, IL.
What are key features of this property?
This property features: 9,375‑square‑foot Family Dollar retail building; More than five years remaining on the current lease term; Three additional 5‑year renewal options
More about this property
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