Property profile

21000 Olympian Way Olympia Fields, IL 60461

OFF-MARKET
Self storage facilities
7.13 ac lot
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Property summary

AI-generated overview

This exceptional 7.13-acre multifamily property, located at 21000 Olympian Way in Olympia Fields, Illinois (zip code 60461), presents a compelling investment opportunity. Situated in Cook County, the property boasts a prime location at a four-way lighted intersection, directly east of the I-57 and US Hwy 30 interchange and I-57 exit ramps. Benefitting from high visibility and significant traffic counts (34,000 vehicles daily on US Hwy 30 and 66,300 on I-57), the property is strategically positioned between a CVS and Speedway, sandwiched between two thriving McDonald's restaurants. The property is zoned B-3 Commercial Service and Wholesale District, allowing for multifamily, self-storage, and retail development, per the Village's guidelines. The property's APN is 31-23-200-017, and its annual property taxes are $45,755. The asking price is $1,100,000, with owner financing and land banking options available. The property is served by Matteson Elementary School District 162 and Rich Township School District 227. This is a rare chance to acquire a high-traffic, multi-use property in a thriving location with excellent development potential. Further information is available upon request.

Property profile

Verified
Property type Self storage facilities
Lot 7.13 ac (310,583 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

21000 Olympian Way Olympia Fields, IL 60461
Olympia Fields metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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