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8700 S Ridgeland Ave

0.5 Acres of Commercial Land Offered at $1,204,849 CAD in 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.

Property Facts

Price $1,204,849 CAD
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 Centre
Total Lot Size 0.50 AC
Opportunity Zone Yes

1 Lot Available

Lot

Price $1,204,849 CAD
Price Per AC $2,409,699 CAD
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.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 24-06-214-020-0000
  • 24-06-214-018-0000
  • 24-06-214-015-0000
Land Assessment
$199,807 CAD
Improvements Assessment
$352,177 CAD
Total Assessment
$551,984 CAD

zoning

Zoning Code C-2
C-2
  • Listing ID: 34097409

  • Date on Market: 2024-12-05

  • Last Updated:

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

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