21000 Olympian Way - Commercial LAND FOR SALE


Olympia Fields, IL 60461 139,392 SF
$198,000-$1,186,000 USD
847-650-8299
21000 Olympian Way, Olympia Fields, IL for Sale
$198,000-$1,186,000 USD
Commercial LAND - FOR SALE
1/4
139,392 SF

21000 Olympian Way
Olympia Fields, IL 60461


HIGHLIGHTS

  • Surrounded by major national retailers
  • Frontage on US-30 (Lincoln Highway)
  • Immediate access to I-57 interchange
  • Heavy traffic volumes
  • Signalized intersection

OVERVIEW

INCENTIVE OPPORTUNITY – QUALIFIED DEVELOPMENT ONLY OWNERSHIP IS OFFERING ONE (1) ±1-ACRE PAD SITE AT NO COST TO A QUALIFIED DEVELOPER AS AN INCENTIVE TO CATALYZE HIGH-QUALITY DEVELOPMENT. TO BE CONSIDERED, DEVELOPERS MUST DEMONSTRATE: • PROVEN TRACK RECORD OF SUCCESSFUL RETAIL OR COMMERCIAL DEVELOPMENT • FINANCIAL CAPACITY TO COMPLETE THE PROJECT • ABILITY TO COMMENCE DEVELOPMENT PROMPTLY • A COMMITTED OR HIGHLY PROBABLE CREDITWORTHY REGIONAL OR NATIONAL TENANT ALL PROPOSALS ARE SUBJECT TO SELLER’S SOLE REVIEW AND APPROVAL. OWNERSHIP RESERVES THE RIGHT TO ACCEPT OR REJECT ANY PROPOSAL FOR ANY REASON. Total Package Price For All 3 Parcels: $1,186,000 Prime Visibility & Signalized Access: • 243’ of frontage on Lincoln Highway (US-30) • Full signalized intersection • Between national brands (CVS & Speedway) Strong Traffic Counts: • 28,800 VPD on US-30 • 66,300 VPD on I-57 (nearby interchange) High-volume commuter corridor with excellent daily exposure. Transit-Oriented Development (TOD) Appeal: • Directly across from Metra Electric Line station • Strong driver for daytime population and walkability Surrounded by Strong Demographics: • Population (3 miles): 76,727 • Median Household Income (1 mile): $73,666 • Daytime employees (3 miles): 24,828 Flexible Zoning – B-3 Commercial Supports: ? Fast Food / QSR ? Retail ? Bank / Financial ? Medical ? Office ? Mixed-Use ? Freestanding Commercial ? Industrial Flex (light) SITE DETAILS: • 10.33 Gross Acres (3.20 AC usable for pads) • Three platted outlots ready for development • Utilities nearby – water, sewer, gas, electric • Level site with excellent access points • Adjacent new housing development directly behind the pads • Vacant and ready for immediate development INVESTMENT APPEAL: • Lowest price-per-acre retail pads in the Midwest • Hard-signalized corner with national-brand adjacency • TOD-capable location with heavy commuter foot traffic • Perfect opportunity for build-to-suit, ground lease, or long-term land banking • Seller is aligned and motivated — pricing designed to move quickly

FOR SALE DETAILS

PRICE

$198,000-$1,186,000 USD

PRICE/ACRE

$370,625/AC

PRICE/SF

$9 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Olympia Fields Retail

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Industrial, Retail, Office, Mixed Use, Multi-Family, Bank, Fast Food, General Freestanding, Storefront, Storefront Retail/Office

LAND ACRES

3.2 AC

LAND SF

139,392 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

B-3

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Andrew PruntyApex Commercial Realty LLCMore Info
847-650-8299

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

Andrew PruntyApex Commercial Realty LLCMore Info
847-650-8299

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