20920 Governors Highway, Olympia Fields, IL 60461

Other
THB ฿8,099,125
USD $250,000
Published on: 25 Feb 2025
Last updated on: 24 Jul 2025
20920 Governors Highway, Olympia Fields, IL 60461
20920 Governors Highway, Olympia Fields, IL 60461
  • 2
Property ID: 110097629085
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Land - Olympia Fields, IL

20920 Governors Highway, Olympia Fields, IL 60461
Presenting 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.

Property Details

Basic Info

Property Type
Other
Listing Status
Active
Architecture Style
Other
County
Cook
Parcel ID
31231050160000
Provider
Midwest Real Estate Data, LLC
Brokerage Office Name
MoHall Commercial & Urban Development LLC
Brokerage Office Phone
(312) 826-9925
Neighbourhoods
Olympia Fields
Address
20920 Governors Highway, Olympia Fields, IL 60461

Nearby Schools

TypeSchool nameDistrict name
HighFine Arts And Communications CamNot available
Not availableNot availableNot available
Contact Agent
Moses Hall
MoHall Commerical & Urban Development
350 N. Orleans St. #9000N, Chicago, IL 60654
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350 N. Orleans St. #9000N, Chicago, IL 60654
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      Property ID: 110097629085

      Original Property ID: 3yd-MREDIL-12296813
      Data provided by Midwest Real Estate Data, LLC, MLS #: 12296813
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