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21100 Western Ave 1,300 SF of Retail Space Available in Olympia Fields, IL 60461
HIGHLIGHTS
- 17,750 SF land site with 1,300 SF Freestanding Building
- Across form Walmart & Food4Less
- Hard corner location at signalized intersection
- Over 50k VPD at intersection of Lincoln Hwy (Rt 30) and Western Ave
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,300 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
Position your business at one of Olympia Fields’ most prominent intersections—Lincoln Highway (Rt 30) and Western Avenue—where visibility and traffic converge to create a prime retail opportunity. This 1,300 SF freestanding building sits on a 17,570 SF land site at a hard corner with a signalized intersection, delivering unmatched exposure to over 50,000 vehicles per day. With three convenient points of access, including full ingress and egress on both Lincoln Hwy and Western Ave, this property ensures seamless customer flow and operational efficiency. Surrounded by powerhouse retailers such as Walmart, Food4Less, Dollar Tree, and ALDI, the site benefits from a strong regional draw and consistent consumer traffic. Additional nearby amenities include major banks, quick-service restaurants, and entertainment venues, creating a vibrant retail ecosystem that supports diverse business concepts. The property’s strategic location within a dense trade area offers compelling demographics: more than 168,000 residents within five miles, an average household income exceeding $100,000, and a daytime population of over 116,000, ensuring a robust customer base for both weekday and weekend sales. Ideal for quick-service restaurants, specialty retail, or service-oriented businesses, this site combines visibility, accessibility, and synergy with national brands to maximize market penetration. Whether you’re expanding an established concept or launching a new venture, 21100 Western Avenue provides the foundation for long-term success in one of Chicago’s most dynamic south suburban corridors.
- Fully Built-Out as Standard Retail Space
- Corner Space
- Prime hard-corner location at signalized intersect
- Three points of access for optimal traffic flow
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT 21100 WESTERN AVE, OLYMPIA FIELDS, IL 60461
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Acceptance Insurance
- Insurance
- 404
- National
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Acceptance Insurance | Insurance | 404 | National |
PROPERTY FACTS
| Total Space Available | 1,300 SF | Gross Leasable Area | 1,300 SF |
| Property Type | Retail | Year Built | 1970 |
| Property Subtype | Freestanding | Parking Ratio | 23.08/1,000 SF |
| Total Space Available | 1,300 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 1,300 SF |
| Year Built | 1970 |
| Parking Ratio | 23.08/1,000 SF |
FEATURES AND AMENITIES
- Bus Line
- Corner Lot
- Signalized Intersection
NEARBY MAJOR RETAILERS
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21100 Western Ave
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