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20900 S Western Ave
Olympia Fields, IL 60461
Value-Add Bank in Olympia Fields, IL · Retail Property For Sale

Investment Highlights

  • 20900 S Western Avenue is a 5,560 SF vacant former bank located in Olympia Hills, IL.
  • Ideal value-add opportunity to lease the space at market levels or to convert the building to limitless potential new retail concepts.
  • Incredibly visible location with access to over 32,000 vehicles per day that travel along Lincoln Highway and Western Avenue.
  • Prime location along a primary Olympia Fields thoroughfare, adjacent to national box retailer Walmart.
  • Highly sought after access to a dense affluent population of over 550,000 people within 10 miles of the property who continuously spend big on retail.

Property Facts

Sale Condition
Auction Sale
Type of Ownership
Fee Simple
Property Type
Retail
Property Subtype
Bank
Building Size
5,560 SF
Building Class
C
Year Built
1974
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.86 AC
Parcel Numbers
31-24-207-021-0000
Zoning
B-3 - Commercial
Parking
75 Spaces (13.49 Spaces per 1,000 SF Leased)
Frontage
346’ on S Western Ave

Amenities

  • Banking
  • Pylon Sign
  • Drive Thru
  • Listing ID: 28344384

  • Date on Market: 4/28/2023

  • Last Updated:

  • Address: 20900 S Western Ave, Olympia Fields, IL 60461

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