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7 Properties Within 0.5 miles of: 20920 Governors, Olympia Fields

20920 Governors
Olympia Fields, IL 60461

Price

$250,000

Est Payment
$1,742 / month (details)  
Type
Land  
Sq. Ft.
n/a  
Lot Size
250 X 242  
Neighborhood
Olympia Fields  
MLS
#12296813
Status
Active (103 days)

Property Description

Presenting an unparalleled development opportunity at 20920 Governors Highway, Olympia Fields, IL. This 1.05-acre commercial parcel is zoned B-3 General Retail and Limited Service District, making it an ideal location for a range of commercial developments, including retail centers, financial institutions, medical offices, quick-service restaurants, and mixed-use projects. Positioned in a high-traffic corridor with 18,667 vehicles passing daily, this site offers exceptional visibility and accessibility for businesses looking to establish a strong presence in a rapidly growing market. Strategically located between Walgreens and Gordon Food Services, the property benefits from cross-access easements, ensuring seamless entry and exit for customers and deliveries. The flat, cleared lot is fully improved with water, sewer, electricity, and gas, providing a shovel-ready site for immediate development. Its prime frontage along Governors Highway enhances exposure, while its easy ingress and egress make it highly convenient for both customers and employees. Developers and investors will appreciate the strong local demographics, with 7,697 residents within a one-mile radius and a median household income of 73,302, ensuring consistent consumer demand. Additionally, a daytime workforce of over 5,000 employees creates further opportunities for businesses catering to professionals and local workers. With its B-3 zoning, this property is ideal for national retailers, medical facilities, professional office buildings, restaurants, and service-oriented businesses. Olympia Fields continues to experience strong commercial growth, making this an exceptional opportunity for developers seeking a high-exposure, investment-ready site in a well-established community. This is a rare chance to secure a premier development site in one of Cook County's most sought-after commercial corridors. Whether you're an investor, developer, or business owner, this property provides the perfect foundation for a successful commercial venture. Act now to secure this prime location.

Property Map

Property Details

Utilities

  • Heating
  • Cooling
  • Water
  • Sewer

Additional Information

Schools
Fine Arts And Communications Cam (227), District 162

Payment Calculator

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

02-23-2025 Listed at $250,000
Last Modified 3/1/25 12:05 AM

Nearby Transportation

  • Metra Electric 0.7 mi
  • Hwy 57 1.3 mi
  • Hwy 57 1.6 mi
  • I 80 East 4.9 mi
grid
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