POA
Description

Unlock Endless Possibilities – Prime 1.05-Acre Commercial Site in Olympia Fields!

House - Chicago IL

Unlock Endless Possibilities – Prime 1.05-Acre Commercial Site in Olympia Fields!

PROPERTY DETAILS

Unlock the potential of a prime development opportunity at 20920 Governors Highway, Olympia Fields, IL. This exceptional 1.05-acre parcel offers unparalleled visibility and a high-traffic location, with 18,667 vehicles passing daily. Strategically positioned adjacent to Walgreens and Gordon Food Services, this site is ideal for a variety of commercial ventures, including retail, office, or service-oriented developments.

The flat, cleared lot is fully serviced with water, sewer, electricity, and gas, providing a seamless foundation for new construction. With 45,738 square feet of space, the site offers abundant possibilities for businesses looking to establish a prominent presence in a thriving neighborhood. The property benefits from excellent ingress and egress, ensuring easy access for customers and employees alike.

Situated within a well-established residential community, the property is surrounded by 7,697 residents within a 1-mile radius, with a median household income of $73,302. Additionally, the area has a daytime population of 5,032 employees, enhancing the site’s appeal for commercial use.

With its prime location, excellent accessibility, and the potential for significant growth, 20920 Governors Highway presents an outstanding opportunity for developers and business owners. Whether you’re envisioning a retail center, office building, or mixed-use space, this property stands as a cornerstone for success in Olympia Fields. Don’t miss out on this rare opportunity to shape the future of one of the region’s most sought-after locations.

KEY DETAILS:

  • Property Address: 20920 Governors Highway, Olympia Fields, IL
  • Ownership: South Suburban Land Bank
  • Parcel Size: 1.05 Acres (45,738 sq. ft.)
  • Zoning: B-2
  • Price: $250,000

Location Highlights:

  • Traffic Count: 18,667 vehicles per day along Governors Highway
  • Adjacent to: Walgreens and Gordon Food Services

Broker

MOHALL COMMERCIAL AND URBAN DEVELOPMENT

OFFER MEMORANDUM

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Property Features
  • House
  • Built 1900
  • Land is 8,929 square
  • Floor Area is 3,929 square