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8700 S Ridgeland Ave 0.5 Acres of Commercial Land Offered at $850,000 in Oak Lawn, IL 60453

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INVESTMENT HIGHLIGHTS

  • For Sale, Build-to-Suit or Ground Lease
  • 210ft of Frontage
  • Heavy Traffic Counts: 62,550 VPD
  • 5 Way Hard Corner Intersection
  • Highly Visible Site
  • Major Shopping & Business District.

EXECUTIVE SUMMARY

For Sale, Ground Lease, Or Built-to-Suit. The site is located at the southwest corner of 87th St & Ridgeland Ave in a Major Shopping & Business District. Businesses along Ridgeland Ave include Jewel Food Store, Dunkin Donuts, Dollar Tree, Atheltico, and many other national and regional Businesses. Oak Lawn is a village in Cook County, Illinois, United States. The population was 58,362 at the 2020 census. Oak Lawn is a southwest suburb of Chicago, located southwest of the city. It shares borders with the city in two areas but is surrounded mostly by other densely populated suburbs.

PROPERTY FACTS

Price $850,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Auto Repair
  • Bank
  • Drugstore
  • Fast Food
  • General Freestanding
  • Healthcare
  • Hold For Development
  • Hold For Investment
  • Medical
  • Restaurant
  • Service Station
  • Storefront
  • Storefront, Retail or Office
  • Strip Center
Total Lot Size 0.50 AC
Opportunity Zone Yes
Zoning C-2 - 1-00 - Vacant Land

1 LOT AVAILABLE

Lot

Price $850,000
Price Per AC $1,700,000.00
Lot Size 0.50 AC

DESCRIPTION

The site is located at the southwest corner of 87th St & Ridgeland Ave in a Major Shopping & Business District. Businesses along Ridgeland Ave include Jewel Food Store, Dunkin Donuts, Dollar Tree, Atheltico, and many other national and regional Businesses. Oak Lawn is a village in Cook County, Illinois, United States. The population was 58,362 at the 2020 census. Oak Lawn is a southwest suburb of Chicago, located southwest of the city. It shares borders with the city in two areas but is surrounded mostly by other densely populated suburbs.

Walk Score®
Very Walkable (70)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 24-06-214-020-0000
  • 24-06-214-015-0000
Land Assessment
$21,817
Improvements Assessment
$0
Total Assessment
$21,817
  • Listing ID: 34097409

  • Date on Market: 12/5/2024

  • Last Updated:

  • Address: 8700 S Ridgeland Ave, Oak Lawn, IL 60453

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