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    Property profile & analytics

    21041 Olympian Way Olympia Fields, IL 60461

    • Commercial real estate
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US28-2508974
    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

    • 211th Street Metra Station Lot 2 / Parking Lot

    Property Details for 21041 Olympian Way

    Year built
    1982
    Property type
    Commercial real estate
    APN
    31-23-200-022-8002
    APU
    31232000228002

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Olympia Fields
    County
    Cook
    State
    Illinois
    Longitude
    -87.6986
    Latitude
    41.5071
    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
    $0.00
    $0.00
    $1.00
    $1.00
    -
    $0.00
    $4
    $4

    Comparable in this City

    • Value Estimation by Request
      1.00 Acre

      21000 Olympian Way

      Land • 1.00 Acre
      21000 Olympian Way, Olympia Fields, IL 60461
      View Details
    • Value Estimation by Request

      21110 Western Ave

      COMMERCIAL (GENERAL)
      21110 Western Ave, Olympia Fields, IL 60461-1929
      View Details
    • Value Estimation
      $155,000
      0.47 Acres

      20900 Western Ave

      COMMERCIAL (GENERAL) • 0.47 Acres
      20900 Western Ave, Olympia Fields, IL 60461-1928
      View Details
    • Value Estimation
      $3,965,000
      0.40 Acres

      2611 Lincoln Hwy

      COMMERCIAL (GENERAL) • 0.40 Acres
      2611 Lincoln Hwy, Olympia Fields, IL 60461
      View Details
    • Value Estimation
      $370,000
      0.07 Acres

      21100 Western Ave

      COMMERCIAL (GENERAL) • 0.07 Acres
      21100 Western Ave, Olympia Fields, IL 60461-1929
      View Details
    • Value Estimation by Request
      0.44 Acres

      4001 Vollmer Rd

      COMMERCIAL (GENERAL) • 0.44 Acres
      4001 Vollmer Rd, Olympia Fields, IL 60461-3168
      View Details

    Similar Nearby for Sale

    • $500,000
      1.00 Acre

      Olympia Fields Retail Pad - $500K

      Prime Retail Land, High Traffic Area
      21000 Olympian Way, Olympia Fields, IL 60461
      View Details
    • $1,000,000
      1.20 Acres

      Olympia Fields Retail Investment

      High-traffic retail pad, excellent location.
      21000 Olympian Way, Olympia Fields, IL 60461
      View Details
    • $750,000
      1.00 Acre

      Prime Retail Pad, Olympia Fields

      High-traffic location, owner financing available.
      21000 Olympian Way, Olympia Fields, IL 60461
      View Details
    • Contact for pricing
      18,100 SF

      Lincoln Hwy Creative Office Space

      18,100 SF Multi-Tenant Office Building
      3612 Lincoln Hwy, Olympia Fields, IL 60461
      View Details
    • $170,000
      3.10 Acres

      Olympia Fields Land for Duplexes

      3.114 acres of entitled land for six duplexes.
      20001 Arquilla Cir, Olympia Fields, IL 60461
      View Details
    • New
      $125,000

      Prime Commercial Land Opportunity

      1.05-acre commercial parcel in high-traffic area, ready for development.
      20920 Governors Hwy, Olympia Fields, IL 60461
      View Details

    Similar Nearby for Lease

    • $11 SF/Yr
      21,405 SF

      Olympia Fields Office and Medical

      Office and medical spaces in Olympia Fields with ample parking.
      20280 Governors Hwy, Olympia Fields, IL 60461
      View Details
    • Contact for pricing

      Olympia Fields Office Space Available

      Second-floor office space in a high-visibility, accessible location.
      2555 Lincoln Hwy, Olympia Fields, IL 60461
      View Details
    • Contact for pricing
      22,890 SF

      Olympia Fields Office Space Available

      Multiple office spaces available in Olympia Fields, Illinois.
      20200 Governors Dr, Olympia Fields, IL 60461
      View Details
    • Contact for pricing
      1,300 SF

      Retail Building on High-Traffic Corner

      1,300 SF freestanding building on a 17,570 SF lot.
      21100 Lincoln Hwy, Olympia Fields, IL 60461
      View Details
    • Contact for pricing

      Olympia Fields Office Space

      Second floor office space in a professionally maintained building.
      2555 Lincoln Hwy, Olympia Fields, IL 60461
      View Details
    • $6 SF/Yr
      6,033 SF

      20200 2 &

      Office space
      20200 2 &, Olympia Fields, IL 60461
      View Details
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    21041 Olympian Way
    Olympia Fields, IL 60461
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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