21000 Olympian Way Land/Development
  • Asking Price
    $750KAsking Price
  • Acres
    ~7.13 acAcres
  • Developable Acres
    3.50 acresDevelopable Acres
  • Highest & Best Use
    Self-Storag…Highest & Best Use
  • Price/Acre
    $105KPrice/Acre
  • Access Frontage
    Lincoln Hig…Access Frontage

Description

We are pleased to present this opportunity. OLYMPIA FIELDS STORAGE DEVELOPMENT OPPORTUNITY is a 7.13-acre land offering at 21000 Olympian Way in Olympia Fields, IL. With 3.5 acres identified as developable and self-storage development designated as the highest and best use, the Property gives storage developers a defined project focus.

The primary site is positioned for self-storage development, while the remaining land is included in the offering for uses that complement a site plan, including access or drainage. That distinction gives a developer room to work through circulation and site layout without treating the entire parcel as the storage footprint. Frontage at the Lincoln Highway and Olympian Way intersection also makes access a central part of the development plan.

Lincoln Highway, also identified as U.S. Highway 30, carries 35,000 vehicles per day at the site. CVS Pharmacy and Speedway appear alongside the intersection, placing the Property among recognizable commercial uses. The site is about 20 minutes south of Chicago, and the surrounding 3-mile area has more than 165,000 residents. For a storage developer, the intersection exposure and nearby population provide a clear basis for studying the location.

The asking price is $750,000, or $105,189 per acre. This is a land acquisition for a buyer prepared to shape a self-storage project around the 3.5-acre developable area and plan a role for the balance of the 7.13-acre parcel. Retail out-lots are listed separately, keeping the focus of this offering on the land identified for storage and complementary site uses.

Offering Summary

  • Asking Price
    $750,000
  • Price/Acre
    $105,189
  • Property Type
    Land
  • Total Acres
    ~7.13 ac

Documents

Property Address

21000 Olympian Way
Olympia Fields, IL 60461-1966

Property Details

  • Property Type
    Land/Development
  • Acres
    7.13
  • Developable Acres
    3.50
  • Access Frontage
    Lincoln Highway / Olympian Way intersection
  • Highest & Best Use
    Self-Storage Development

Deal Team

Mary Mears profile image

Mary Mears

Co-Chair
SVN
MD RE Lic. 672907