Listing provided courtesy of Landmark Property Management, Inc.MREDas Distributed by MLSGrid- MLS# 12616814MLS Provider

2520 Lincoln HighwayOlympia Fields, IL 60461

Commercial · 9,245 Sq. ft.
$1,900,000 Active

2520 Lincoln Highway Overview

Time on Site:
77 days
Visits:
1

Strategically located, fully occupied retail strip center in the heart of Olympia Fields at 2520 Lincoln Highway, offering investors a rare opportunity to acquire a stabilized neighborhood center with upside potential. The property features 9,245 SF of net rentable area across six units with a strong mix of long-term tenants, including several occupants in place for 10+ years and nationally recognized credit tenants such as Bank of America and GameStop. Positioned on heavily traveled Lincoln Highway with approximately 27,500 vehicles per day, the center benefits from outstanding exposure, convenient access, and a prominent monument sign directly in front of the property. Situated across from Walmart Supercenter and surrounded by national retailers including McDonald's, Walgreens, Food 4 Less, O'Reilly Auto Parts, AT&T, and other major traffic generators, this location draws consistent consumer activity. Olympia Fields is one of the Southland's most established and affluent communities, with strong household incomes and a desirable suburban customer base. The property is also conveniently located near Western Avenue, Governors Highway, Interstate 57, and nearby Metra stations, providing strong regional connectivity for both customers and employees. This asset offers dependable in-place cash flow with potential future upside through rent adjustments and continued operational efficiencies. A strong long-term hold in a proven retail corridor, this property is well positioned to benefit from ongoing retail demand and inflation-resistant income growth.

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2520 Lincoln Highway Facts & Features

  • Type Commercial
  • Sq. ft. 9,245
  • Price/Sq.ft. $206

Details

General

Association/HOA

  • Association Fee Frequency: Not Applicable

Income/Expenses

  • Gross Income: 336977
  • Net Operating Income: 149518

Building Information

  • Year Built: 2002

Business Information

  • Business Type: Retail
  • Current Use: Commercial

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: Olympia Fields

Parking Information

  • Parking Ratio: 4.75

Tax Information

  • Tax Annual Amount: $81,229.81
  • Tax Year: 2024

General Information

  • Parcel Number: 31244010140000
  • Property Type: Commercial Sale

Interior

Building Interior

  • Building Area Total: 9245

General Information

  • Cooling: Central Individual
  • Electric: Circuit Breakers
  • Leasable Area: 9245
  • Stories: 1

Unit Information

  • Unit SqFt.: 9245

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Dimensions: 247x125x263x125
  • Lot Size Square Feet: 37652

Building Exterior/Construction

  • Construction Materials: Brick

General Information

  • Number Of Units Total: 6

2520 Lincoln Highway Neighborhood

Community

60461 (Olympia Fields) Demographics

44
Median Age
1,680
Population Density (per sq. mile)
64%
College Educated
$94,639
Estimated Median Income
1,625
Estimated Total Home Owners
127
Estimated Total Renters
93% / 7%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

2520 Lincoln Highway Monthly Cost

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$ %
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$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

2520 Lincoln Highway Market Data

Based on the last 30 days in this zip code

$372,089
Average List Price
$137
Average Price per Square Foot
2
Properties Sold
82
Average Days on Market
19
Properties for Sale
Calculations provided by Reliance Network

2520 Lincoln Highway History

Date Event Value Agent
4/18/2026Source: MRED Status Change
Active
4/13/2026Source: MRED Added to Database
April 13, 2026
9/11/2025Source: MRED Status Change
Rented
8/6/2025Source: MRED Status Change
Active
7/31/2025Source: MRED Status Change
Re-activated
5/26/2025Source: MRED Status Change
Active
5/21/2025Source: MRED Price Reduction
$18 -5.3%
5/21/2025Source: MRED Status Change
Re-activated
2/28/2025Source: MRED Status Change
Active
2/23/2025Source: MRED Price Reduction
$19 -13.6%
2/23/2025Source: MRED Status Change
Price Change
10/29/2024Source: MRED Status Change
Active
10/24/2024Source: MRED Added to Database
October 24, 2024