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20920 Governors Hwy 1.06 Acres of Commercial Land Offered at $348,980 CAD in Olympia Fields, IL 60461



INVESTMENT HIGHLIGHTS
- High-Visibility Location – Excellent frontage along Governors Hwy, ensuring maximum exposure.
- Median household income of $73,302, plus a daytime workforce of over 5,000 employees,
- Thriving Commercial Hub – Olympia Fields continues to see strong growth
EXECUTIVE SUMMARY
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $348,980 CAD | Lot Size | 1.06 AC |
| Price Per AC | $327,711.53 CAD |
| Price | $348,980 CAD |
| Price Per AC | $327,711.53 CAD |
| Lot Size | 1.06 AC |
This 1.05-acre commercial lot is a flat, shovel-ready parcel positioned along the highly trafficked Governors Highway corridor.
DESCRIPTION
High-traffic corridor with 18,667 vehicles passing daily. Zoned B-3 Commercial Service and Wholesale District, this site offers unparalleled flexibility for retail, medical offices, financial institutions, quick-service restaurants, and mixed-use projects. Key Highlights: High-Visibility Location – Excellent frontage along Governors Hwy, ensuring maximum exposure. Exceptional Access – Cross-access easements with Walgreens and Gordon Food Services, allowing for seamless traffic flow and easy ingress/egress. Strong Demographics – 7,697 residents within a one-mile radius with a median household income of $73,302, plus a daytime workforce of over 5,000 employees, creating steady demand for businesses. Thriving Commercial Hub – Olympia Fields continues to see strong growth, making this location a prime investment opportunity.
PROPERTY TAXES
| Parcel Number | 31-23-105-016-0000 | Improvements Assessment | $10,520 CAD |
| Land Assessment | $235,492 CAD | Total Assessment | $246,012 CAD |
PROPERTY TAXES
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20920 Governors Hwy
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