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Property profile & analytics

2520 Lincoln Hwy Olympia Fields, IL 60461-1960

  • Commercial real estate
  • 0.86 lot acres
OFF-MARKET
Last Sale
Oct 12, 2021
$1,700,000
Value Estimations
$1,930,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US28-5669645
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • South Suburban Dental Care / Dentist
  • Fisherman's Island / Seafood Market / Seafood Restaurant
  • Dr. Vincent A. Oganwu, DDS / Dentist
  • GameStop / Game Store / Trading Card Store
  • ATM (ATM Link, Inc.) / Atm

Property Details for 2520 Lincoln Hwy

Year built
2000
Lot size
0.86 lot acres
Property type
Commercial real estate
APN
31-24-401-014
APU
3124401014

Description

This 1,200 square foot retail space is located at 2520 Lincoln Highway in Olympia Fields, Illinois, 60461, offering a prime opportunity for businesses seeking high visibility and convenient access. Situated in a bustling retail center across from a newly developed Walmart Supercenter, this space benefits from over 31,000 vehicles passing daily. The property boasts a conspicuous monument sign ensuring excellent visibility for your business. The building, constructed in 2002, is a Class B property with a total of 9,245 square feet and six suites. This multi-tenant building is zoned B-5 and offers ample parking for both customers and tenants. Strong co-tenants include GameStop, Bank of America, and Dotty's, creating a vibrant shopping atmosphere. The space is ideal for a variety of business types and offers easy access from Western Avenue. This is a rare opportunity to establish your business in a thriving community that supports both local and national enterprises. The property is categorized as Retail, Office, with subtypes including Medical Office, Creative Office, and Traditional Office. One space of 1,200 square feet is currently available for lease.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $1,930,000
    ML approach
    $1,975,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Olympia Fields
County
Cook
State
Illinois
Longitude
-87.6786
Latitude
41.5058
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$106,052
$96,746
$89,989
$186,735
-
$386,984
$359,956
$746,940
More about this property
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