8700 Ridgeland Ave Oak Lawn, IL 60453
- Land
- 3,000 SF
Current Use by Public Records
- Land
Property Details for 8700 Ridgeland Ave
- Property size
- 3,000 SF
- Property type
- Land
Description
This exceptional 0.5-acre commercial land parcel presents a unique investment opportunity in Oak Lawn, Illinois. Located at the highly visible southwest corner of 87th Street and Ridgeland Avenue, this property boasts 210 feet of frontage, offering unparalleled exposure to a substantial daily traffic volume. The site is situated within a thriving commercial district, surrounded by established businesses such as Jewel Food Store, Dunkin' Donuts, Dollar Tree, and Athletico, ensuring consistent foot traffic and brand recognition. With a total buildable area of 3,000 square feet, this single-tenant lot is ideal for a variety of commercial ventures. The property's location in Cook County, within the Chicago submarket, provides easy access to major transportation routes and a large consumer base. Oak Lawn, a vibrant village with a population exceeding 58,000 (2020 Census), offers a strong local economy and a dense residential population, creating a robust market for commercial enterprises. This prime location and significant buildable space make this an exceptional opportunity for investors seeking high visibility and strong potential returns. The property's strategic placement within a major shopping and business district guarantees significant exposure and accessibility, making it an attractive proposition for a wide range of commercial uses. Don't miss this chance to secure a prominent location in a flourishing commercial area.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Oak Lawn
- County
- Cook
- State
- Illinois
- Longitude
- -87.7803
- Latitude
- 41.7334
