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8700 S Ridgeland Ave 0.5 Acres of Commercial Land Offered at £629,791 in Oak Lawn, IL 60453

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INVESTMENT HIGHLIGHTS

For Sale, Build-to-Suit or Ground Lease
210ft of Frontage
Heavy Traffic Counts: 62,550 VPD

5 Way Hard Corner Intersection
Highly Visible Site
Major Shopping & Business District.

EXECUTIVE SUMMARY

For Sale, Ground Lease, Or Built-to-Suit. The site is located at the southwest corner of 87th St & Ridgeland Ave in a Major Shopping & Business District. Businesses along Ridgeland Ave include Jewel Food Store, Dunkin Donuts, Dollar Tree, Atheltico, and many other national and regional Businesses. Oak Lawn is a village in Cook County, Illinois, United States. The population was 58,362 at the 2020 census. Oak Lawn is a southwest suburb of Chicago, located southwest of the city. It shares borders with the city in two areas but is surrounded mostly by other densely populated suburbs.

87th & Ridgeland outlot Brochure.pdf

PROPERTY FACTS

Price	£629,791	Property Subtype	Commercial
Sale Type	Investment or Owner Occupier	Proposed Use	Commercial Retail Office Vehicle Repair Garage Bank Pharmacy Fast Food Standalone Healthcare Hold For Development Hold For Investment Medical Restaurant Service Station Shopfront Shopfront, Retail or Office Retail Park
No. Plots	1	Total Plot Size	0.50 ac
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Use Class	C-2 - 1-00 - Vacant Land

Price	£629,791
Sale Type	Investment or Owner Occupier
No. Plots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Retail Office Vehicle Repair Garage Bank Pharmacy Fast Food Standalone Healthcare Hold For Development Hold For Investment Medical Restaurant Service Station Shopfront Shopfront, Retail or Office Retail Park
Total Plot Size	0.50 ac
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Use Class	C-2 - 1-00 - Vacant Land

1 PLOT AVAILABLE

Plot

Price	£629,791	Total Plot Size	0.50 ac
Price Per ac	£1,259,581.04

Price	£629,791
Price Per ac	£1,259,581.04
Total Plot Size	0.50 ac

DESCRIPTION

The site is located at the southwest corner of 87th St & Ridgeland Ave in a Major Shopping & Business District. Businesses along Ridgeland Ave include Jewel Food Store, Dunkin Donuts, Dollar Tree, Atheltico, and many other national and regional Businesses. Oak Lawn is a village in Cook County, Illinois, United States. The population was 58,362 at the 2020 census. Oak Lawn is a southwest suburb of Chicago, located southwest of the city. It shares borders with the city in two areas but is surrounded mostly by other densely populated suburbs.

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Walk Score®

Easily Walkable (70)

What is a Walk Score®, Transit Score® & Bike Score®?

Walk Score® measures how walkable a location is.

Transit Score® measures access to public transport.

Bike Score® measures how accessible a location is by bike

What is a Walk Score®

, Transit Score® & Bike Score?

Walk Score® measures how walkable

a location is. Transit Score®

measures access to public transport. Bike Score®

measures how accessible a location is by bike®

Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Numbers	Multiple 24-06-214-020-0000 24-06-214-015-0000	Improvements Assessment	£0
Land Assessment	£16,312	Total Assessment	£16,312

PROPERTY TAXES

Parcel Numbers

Multiple

24-06-214-020-0000
24-06-214-015-0000

Land Assessment

£16,312

Improvements Assessment

£0

Total Assessment

£16,312

(708) 927-8000

CONTACT

Neil Haleem
Network Commercial Real Estate, llc.

Listing ID: 34097409
Date on Market: 05/12/2024
Last Updated:
Address: 8700 S Ridgeland Ave, Oak Lawn, IL 60453

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VIDEOS

MATTERPORT 3D EXTERIOR

MATTERPORT 3D TOUR

PHOTOS

STREET VIEW STREET

MAP

8700 S Ridgeland Ave, Oak Lawn, IL for sale Building Photo- Image 1 of 4 — 87th & Ridgeland aerial

8700 S Ridgeland Ave, Oak Lawn, IL for sale Building Photo- Image 2 of 4 — 87th ridgeland proposed plan

8700 S Ridgeland Ave, Oak Lawn, IL for sale Primary Photo- Image 3 of 4 — Primary Photo

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