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20300 Governors Hwy 65,000 SF Health Care Building Offered at $7,000,000 in Olympia Fields, IL 60461

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Executive Summary

Excellent Re-Development Opportunity.
TIF opportunity in the $Millions.
Located between Chicago and Northwest Indiana, the site is in the heart of Chicagoland.
10 Million people reside within 30 miles of the property. The major North/South and East/West highways are within minutes of the property.
The existing building can be renovated or torn down to make use of the 22 acre site.
Two major hospital networks, schools and public transportation in the immediate area.

Property Facts

Price $7,000,000
Price Per Bed $70,000
Sale Type Investment or Owner User
Property Type Health Care
Property Subtype Assisted Living
Building Class B
Lot Size 22.00 AC
Building Size 65,000 SF
No. Beds 100
No. Stories 2
Year Built 1955
Zoning Public Hearing - Mixed Use Residential/Commercial, Rehabilitation, Assisted Living, Academy. Sports Training Facility, TV production. TIF Opportunity in $Millions.

Property Taxes

Property Taxes

Parcel Number
31-14-301-005-0000
Land Assessment
$2,788,040
Improvements Assessment
$5,550,064
Total Assessment
$8,338,104
  • Listing ID: 30143538

  • Date on Market: 11/21/2023

  • Last Updated:

  • Address: 20300 Governors Hwy, Olympia Fields, IL 60461

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