20900 S Western Ave - Bank FOR SALE


Olympia Fields, IL 60461
$625,000 USD
312-777-2442
20900 S Western Ave, Olympia Fields, IL for Sale
$625,000 USD
Bank - FOR SALE
1/22
null | Request Cap Rate

20900 S Western Ave
Olympia Fields, IL 60461


HIGHLIGHTS

  • Great Visibility and Access (17K+ VPD)
  • Drive-Thru Window
  • Adjacent to Walmart Supercenter - 2.9M+ Visits per Year
  • Located on Olympia Fields' Main Retail Corridor
  • 1.5 Miles from Olympia Fields Country Club

OVERVIEW

Northmarq, on behalf of Ownership as its exclusive advisor, is pleased to offer for sale the fee simple interest of 20900 South Western Avenue (“The Property”). Encompassing ±5,560 SF on ±1.86 Acres, the Property consists of a single-tenant bank building constructed in 1974. The Property offers significant re-development potential for a number of users including but not limited to banks, QSRs, and other retail uses.

FOR SALE DETAILS

PRICE

$625,000 USD

PRICE/SF

$112 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Vacant Bank Branch (1.86-Acre Parcel)

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

ADD'L SUBTYPES

Fast Food, Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1974

SPRINKLERS

-

PARKING SPACES

75

LAND DETAILS

LAND ACRES

1.86 AC

LAND SF

81,022 SF

ZONING

B-3

APN/PARCEL ID

31-24-207-021-0000,31-24-207-022-0000,31-24-207-023-0000,31-24-207-024-0000

ASK ABOUT THIS PROPERTY

Matt SpangenbergNorthmarqMore Info
312-777-2442

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Matt SpangenbergNorthmarqMore Info
312-777-2442

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.