20300 Governors Highway, Olympia Fields, IL, 60461 - Available for Sale

Special Purpose For Sale

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Former College on 20 Acres

20300 Governors Highway, Olympia Fields, IL 60461

$5,000,000

60,000 SF | Special Purpose

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Special Purpose Property For Sale

Price:
$5,000,000
Building Size:
60,000 SF
Price/SF:
$83.33
Property Type:
Special Purpose
Property Sub-type:
Special Purpose (Other)
Additional Sub-types:
Congregate Senior Housing
Religious Facility
Property Use Type:
Vacant/Owner-User
Commission Split:
2%
Year Built:
1960
Lot Size:
20 AC
APN / Parcel ID:
31-14-301-005-000
Listing ID
17138645
Last Updated
20 days ago

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Description

Handsome mid-century architecture highlights this well-maintained former college for aspiring priests. Sprawling 60,000 SF building on 20 acres includes a stunning 10,000 SF chapel, residential, meeting, and office spaces.as well as three enclosed courtyards. Built in 1960, with over $2,000,000 in improvements since 2006, including new fire protection, sprinklers, roof, and high-efficiency boilers. Ideal as-is for satellite campus or small stand-alone educational facility, with room to expand on vacant buildable acreage. Potential also for senior living, low-level health care, or corporate campus.

Located in a quiet up-scale suburb, 25 miles south of Chicago's Loop. Adjacent to a 300-bed hospital, high school, and park, and one-half mile from Olympia Fields Country Club. Near I-57 and a Metra commuter train station.

Map of 20300 Governors Highway, Olympia Fields, IL 60461 (Cook County)

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Former College on 20 Acres
  • Special Purpose
  • $5,000,000
  • 60,000 SF