21000 Olympian Way Olympia Fields, IL 60461
- Retail properties
- 1.20 lot acres
Current Use by Public Records
- Retail properties
Property Details for 21000 Olympian Way
- Lot size
- 1.20 lot acres
- Property type
- Retail properties
- Property subtype
- Land
Description
This exceptional 1.2-acre retail property, located at 21000 Olympian Way in Olympia Fields, Illinois (zip code 60461, Cook County), presents a compelling investment opportunity. Priced at $1,000,000 ($10.57/sq ft, $460,600/acre), this B-3 Commercial Service and Wholesale District zoned lot boasts a prime location at a four-way lighted intersection. Strategically situated between two thriving McDonald's restaurants, the property enjoys exceptional visibility and accessibility. Its frontage along Lincoln Highway (Route 30), between CVS and Speedway, ensures high traffic exposure. The site benefits from its proximity to the I-57 and US Hwy 30 interchange and I-57 exit ramps, resulting in daily traffic counts of 34,000 vehicles on US Highway 30 and 66,300 vehicles on I-57. The Village of Olympia Fields is open to exploring multifamily, self-storage, and retail development proposals. Owner financing and land banking options are available. The property's APN is 31-23-200-017, and annual property taxes are $45,755. This property is served by Matteson Elementary School District 162 and Rich Township School District 227. This is a rare opportunity to acquire a high-visibility retail pad in a thriving commercial area.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Olympia Fields
- County
- Cook
- State
- Illinois
- Longitude
- -87.7014
- Latitude
- 41.5072
