Olympia Fields, IL 60461,20920 Governors Highway
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Olympia Fields, IL 60461,20920 Governors Highway
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Mayra Pezzella

Mayra Pezzella

+1(224) 508-1554
Listed by Moses Hallof MoHall Commercial & Urban Development
$ 125,000
Est. payment /mo
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Active

20920 Governors Highway Olympia Fields, IL 60461

UPDATED:

Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12542268

Tax Year 2023

Lot Dimensions 250 X 242

Property Sub-Type Land

Property 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.

Location

State IL

County Cook

Zoning COMMR

Interior

Fireplace N

Exterior

Utilities Available Electricity Nearby

View Y/N true

Schools

School District 162, 162, 227

Others

Ownership Fee Simple

Special Listing Condition REO/Lender Owned

Midwest Real Estate Data (MRED) VOW
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
SCHOOLSPROPERTIES
Elementary Schools 20
  • 9

    Flossmoor Hills Elementary School

    Public | KG - 5

  • 8

    Woodgate Elementary School

    Public | PK - 5

  • 8

    Arcadia Elementary School

    Public | KG - 4

  • 7

    Western Avenue Elementary School

    Public | KG - 5

  • 6

    Sieden Prairie Elementary School

    Public | KG - 5

  • 6

    Matteson Elementary School

    Public | KG - 3

  • 6

    Talala Elementary School

    Public | KG - 5

  • 6

    Heather Hill Elementary School

    Public | KG - 5

  • 6

    Illinois School

    Public | KG - 8

  • 5

    Neil Armstrong Elementary School

    Public | PK - 5

  • 5

    Mohawk Intermediate School

    Public | 3 - 6

  • 5

    Indiana Elementary School

    Public | 4 - 6

  • 5

    Blackhawk Intermediate Center

    Public | 4 - 6

  • 5

    21st Century Preparatory Center

    Public | PK - 3

  • 4

    Sauk Elementary School

    Public | 4 - 6

  • 0

    South Suburban Christian Academy

    Private | PK - 5

  • 0

    St Lawrence O Toole School

    Private | PK - 8

  • 0

    First Step Child Care Center Inc

    Private | PK - KG

  • 0

    Zion Lutheran School

    Private | PK - 8

  • 0

    Richton Square School

    Public | PK - KG

Middle Schools 5
  • 6

    Parker Junior High School

    Public | 6 - 8

  • 5

    O W Huth Middle School

    Public | 7 - 8

  • 5

    Forest Trail Middle School

    Public | 7 - 8

  • 4

    Colin Powell Middle School

    Public | 6 - 8

  • 3

    Southwood Middle School

    Public | 7 - 8

High Schools 5
  • 9

    Southland College Preparatory

    Public | 9 - 12

  • 9

    Homewood-Flossmoor High School

    Public | 9 - 12

  • 4

    Rich East Campus High School

    Public | 9 - 12

  • 1

    Rich South Campus High School

    Public | 9 - 12

  • 1

    Rich Central Campus High School

    Public | 9 - 12

School and business data provided by Attom Data.
Mayra Pezzella

Mayra Pezzella

Real Estate Professional | REALTOR® | License ID: 1010235

+1(224) 508-1554

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20920 Governors Highway