20920 Governors Hwy - Commercial LAND FOR SALE


Olympia Fields, IL 60461 46,387 SF
$250,000 USD
312-826-9925
20920 Governors Hwy, Olympia Fields, IL for Sale
$250,000 USD
Commercial LAND - FOR SALE
1/6
46,387 SF

20920 Governors Hwy
Olympia Fields, IL 60461


HIGHLIGHTS

  • High-Visibility Location – Excellent frontage along Governors Hwy, ensuring maximum exposure.
  • Thriving Commercial Hub – Olympia Fields continues to see strong growth
  • Median household income of $73,302, plus a daytime workforce of over 5,000 employees,

OVERVIEW

MoHall Commercial & Urban Development presents an unparalleled development opportunity at 20920 Governors Highway, Olympia Fields, IL. This 1.05-acre commercial parcel is zoned B-3 General Retail and Limited Service District, making it an ideal location for a range of commercial developments, including retail centers, financial institutions, medical offices, quick-service restaurants, and mixed-use projects. Positioned in a high-traffic corridor with 18,667 vehicles passing daily, this site offers exceptional visibility and accessibility for businesses looking to establish a strong presence in a rapidly growing market. Strategically located between Walgreens and Gordon Food Services, the property benefits from cross-access easements, ensuring seamless entry and exit for customers and deliveries. The flat, cleared lot is fully improved with water, sewer, electricity, and gas, providing a shovel-ready site for immediate development. Its prime frontage along Governors Highway enhances exposure, while its easy ingress and egress make it highly convenient for both customers and employees. Developers and investors will appreciate the strong local demographics, with 7,697 residents within a one-mile radius and a median household income of 73,302, ensuring consistent consumer demand. Additionally, a daytime workforce of over 5,000 employees creates further opportunities for businesses catering to professionals and local workers. With its B-3 zoning, this property is ideal for national retailers, medical facilities, professional office buildings, restaurants, and service-oriented businesses. Olympia Fields continues to experience strong commercial growth, making this an exceptional opportunity for developers seeking a high-exposure, investment-ready site in a well-established community. This is a rare chance to secure a premier development site in one of Cook County's most sought-after commercial corridors. Whether you're an investor, developer, or business owner, this property provides the perfect foundation for a successful commercial venture. Act now to secure this prime location.

FOR SALE DETAILS

PRICE

$250,000 USD

PRICE/ACRE

$234,764/AC

PRICE/SF

$5 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Retail, Bank, Medical, Restaurant

LAND ACRES

1.06 AC

LAND SF

46,387 SF

OFFSITE IMPROVEMENTS

-

ZONING

B-3

APN/PARCEL ID

31-23-105-016-0000

ASK ABOUT THIS PROPERTY

Moses HallMoHall Commercial & Urban DevelopmentMore Info
312-826-9925

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Moses HallMoHall Commercial & Urban DevelopmentMore Info
312-826-9925

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.