Olympia Square 3400-3498 W Vollmer Rd 52,848 SF 100% Leased Retail Building Olympia Fields, IL 60461 $8,200,000 ($155.16/SF) 7.21% Cap Rate

Olympia Square is a fully stabilized, 52,848 SF neighborhood retail shopping center located at 3400–3498 W. Vollmer Rd. in Olympia Fields, Illinois, offered at $8,200,000 and delivering a 7.21% stabilized cap rate on $591,023 of adjusted forward NOI. The property is 100% occupied and 100% triple-net leased, providing durable, contractual cash flow with minimal landlord responsibilities, as tenants reimburse all real estate taxes, insurance, and CAM expenses. The center features a diversified, daily-needs and service-oriented tenant mix, anchored by Fresh Village Market and CFX Fitness, which drive consistent foot traffic and long-term tenancy. A recently executed lease on the final vacant space fully stabilized the asset and eliminated lease-up risk, while major capital improvements—including a full mansard roof replacement, façade renovation, parking lot resurfacing, HVAC upgrades, and security enhancements—have addressed deferred maintenance and reduced near-term CapEx requirements. Situated in an affluent and stable South Suburban Chicago market with strong household incomes and excellent regional access, Olympia Square represents an ideal turnkey acquisition for 1031 exchange buyers, private investors, and yield-focused capital seeking predictable income and passive ownership