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Listed price in listed location currency (USD).
$125,000

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MLS® 12542268

  • Key Facts
  • Description
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Key Facts

Type Other
Levels Land
Size -
Garage No
Taxes 
Days Active 3
Lot Size 
Approx. Age 
MLS® Number 12542268

Property Address: 20920 Governors Hwy, Olympia Fields, IL, 60461-1039

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number12542268
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

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Price History

-End Date
Not Sold YetSold Price

For Sale

Jan 8, 2026List Date
$125,000List Price
  • Commute

Commute

Starting Address
Destination Address
20920 Governors Hwy, Olympia Fields, IL

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