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8700 S Ridgeland Ave

0.5 Acres of Commercial Land Offered at $850,000 in Oak Lawn, IL 60453

Commercial Land Illinois Oak Lawn 8700 S Ridgeland Ave, Oak Lawn, IL 60453

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.

Attachments

87th & Ridgeland outlot Brochure.pdf

Property Facts

Price $850,000 Property Subtype Commercial
Sale Type Investment or Owner User Proposed Use
Commercial
  • Retail
  • Office
  • Auto Repair
  • Bank
  • Drugstore
  • Fast Food
  • General Freestanding
  • Healthcare
  • Hold For Development
  • Hold For Investment
  • Medical
  • Restaurant
  • Service Station
  • Storefront
  • Storefront, Retail or Office
  • Strip Center
No. Lots 1 Total Lot 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.
Price $850,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Auto Repair
  • Bank
  • Drugstore
  • Fast Food
  • General Freestanding
  • Healthcare
  • Hold For Development
  • Hold For Investment
  • Medical
  • Restaurant
  • Service Station
  • Storefront
  • Storefront, Retail or Office
  • Strip Center
Total Lot 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.

1 Lot Available

Lot

Price $850,000 Lot Size 0.50 AC
Price Per AC $1,700,000
Price $850,000
Price Per AC $1,700,000
Lot 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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PROPERTY TAXES

Parcel Numbers
Multiple
  • 24-06-214-018-0000
  • 24-06-214-020-0000
  • 24-06-214-015-0000
 Improvements Assessment $250,410
Land Assessment $142,070 Total Assessment $392,480

PROPERTY TAXES

Parcel Numbers
Multiple
  • 24-06-214-018-0000
  • 24-06-214-020-0000
  • 24-06-214-015-0000
Land Assessment
$142,070
Improvements Assessment
$250,410
Total Assessment
$392,480

zoning

Zoning Code C-2
C-2
(708) 927-8000

  • Listing ID: 34097409

  • Date on Market: 12/5/2024

  • Last Updated:

  • Address: 8700 S Ridgeland Ave, Oak Lawn, IL 60453

The Land Property at 8700 S Ridgeland Ave, Oak Lawn, IL 60453 is currently available For Sale. Contact Network Commercial Real Estate, llc. for more information.

Land PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

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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
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8700 S Ridgeland Ave
(708) 927-8000 x

8700 S Ridgeland Ave

Neil Haleem

(708) 927-8000

(708) 927-8000

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