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21000 Olympian Way - Olympia Fields Retail 1 - 1.2 Acre Commercial Land Lots Offered at $198,000 - $546,000 Per Lot in Olympia Fields, IL 60461
INVESTMENT HIGHLIGHTS
- Surrounded by major national retailers
- Immediate access to I-57 interchange
- Signalized intersection
- Frontage on US-30 (Lincoln Highway)
- Heavy traffic volumes
EXECUTIVE SUMMARY
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
PROPERTY FACTS
| Price | $198,000 - $1,186,000 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 3 | Total Lot Size | 3.20 AC |
| Property Type | Land | ||
| Zoning | B-3 | ||
| Price | $198,000 - $1,186,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 3 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 3.20 AC |
| Zoning | B-3 |
3 LOTS AVAILABLE
Lot 1
| Price | $546,000 | Lot Size | 1.20 AC |
| Price Per AC | $455,000.00 |
| Price | $546,000 |
| Price Per AC | $455,000.00 |
| Lot Size | 1.20 AC |
High-visibility corner pad fronting US-30. Ideal for QSR, medical, retail, or bank.
Lot 2
| Price | $442,000 | Lot Size | 1.00 AC |
| Price Per AC | $442,000.00 |
| Price | $442,000 |
| Price Per AC | $442,000.00 |
| Lot Size | 1.00 AC |
Outstanding sightlines, direct access, and positioned for strong retail performance.
Lot 3
| Price | $198,000 | Lot Size | 1.00 AC |
| Price Per AC | $198,000.00 |
| Price | $198,000 |
| Price Per AC | $198,000.00 |
| Lot Size | 1.00 AC |
VALUE PAD - SPECIAL DISCOUNT A true steal — perfect for low-basis developers, ground-lease strategies, or land-banking.
DESCRIPTION
±10.33 acre commercial parcel that is divisible. The parcel is zoned B-3 - Commercial Service & Wholesale District which allows for a variety of uses. The site is surrounded by major national retailers and offers outstanding frontage on US-30 (Lincoln Highway)with immediate access to the I-57 interchange. The site is located at a signalized intersection and is positioned between CVS, Speedway, McDonalds, and high-performing commercial anchors. Heavy traffic volumes: US-30: 34,000 VPD I-57: 66,300 VPD Olympian Way Corridor: 12,500–15,000 VPD PIN: 31-23-200-017 | Taxes: $45,755 • Qualified developers and operators are encouraged to review the site immediately. The combination of signalized frontage, high traffic counts, competitive pricing, and flexible zoning makes 21000 Olympian Way an exceptional commercial development opportunity in a corridor that is rapidly maturing.
PROPERTY TAXES
| Parcel Number | 31-23-200-017-0000 | Improvements Assessment | $0 |
| Land Assessment | $40,515 | Total Assessment | $40,515 |
PROPERTY TAXES
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21000 Olympian Way - Olympia Fields Retail
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