21000 Olympian Way Olympia Fields, IL 60461
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.