Retail Space / Illinois / Olympia Fields / 60461 / 3400 - 3498 Vollmer Rd

3400 - 3498 Vollmer Rd

Q: What is the asking price for 3400 - 3498 Vollmer Rd in Olympia Fields?

The asking price for 3400 - 3498 Vollmer Rd is $6,125,000

Q: What is the building size of this Retail property in Olympia Fields, IL?

The size of the building/unit at 3400 - 3498 Vollmer Rd in Olympia Fields is 54,848 square feet.

Q: How much land does the Olympia Fields, IL property at 3400 - 3498 Vollmer Rd include?

3400 - 3498 Vollmer Rd in Olympia Fields includes 5.620 acres of land.

Q: What kind of Retail is the propery at 3400 - 3498 Vollmer Rd?

The property at 3400 - 3498 Vollmer Rd Olympia Fields, IL 60461 is listed as a Shopping Center Retail property.

Q: What is the population within 1 mile of 3400 - 3498 Vollmer Rd?

The population within 1 mile of 3400 - 3498 Vollmer Rd Olympia Fields, IL 60461 is 5,753 people.

Q: Who do I contact for questions about 3400 - 3498 Vollmer Rd?

You should contact the listing agent, Autumn Psaros, for any details regarding this commercial listing.

Olympia Fields, IL 60461

Olympia Square Shopping Center

Listing ID: 298588

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Building Size: 54,848 SF

Lot Size: 5.620 AC

Land Size: 244,807 SF

Building $/SF: $111.67

Land $/SF: $25.02

Price

$6,125,000

Property Highlights

100% occupied grocery anchored shopping center with +/-12,000 SF vacant outlot building for value-add upside

Strong historical occupancy with 80% of the current tenant GLA in place since 2012 or earlier. Longest tenant d

Bizios Fresh Market recently signed a 5-year lease extension

Three tenants renewed/extended their lease terms in the past 12 months

Entire parking lot stripped and resurfaced in 2016; a capital improvement of approximately $210,000

Description

Caton Commercial Real Estate has been retained to exclusively offer for sale Olympia Square Shopping Center at 3400-3498 W Vollmer Rd in Olympia Fields, IL. The 54,848 SF grocery anchored shopping center is situated on 5.62 acres. The center has excellent access and visibility at the signaled intersection of Vollmer Rd and Governors Hwy with over 30,000 vehicles per day. Two curb cuts, one each from Governors Hwy and Vollmer Rd. 430 ft. of frontage on Vollmer Rd and 657 ft. on Governors Hwy.
The property is less a mile from Franciscan St. James Hospital and the Olympia Fields Country Club and Metra Train Station are approximately a half mile east. Conviently located just two miles from I-57 interchange on Vollmer Rd and minutes from the prestigious Olympia Fields Golf & Country Club. The average household income with 1 miles is $104,255.

Attachments & Files

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POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.

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Listing Demographics for 3400 - 3498 Vollmer Rd Olympia Fields, IL 60461

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

		1-Mile	3-Miles	5-Miles
Total Population		5,753	78,907	180,805
Population Median Age		45	40	39
Population by Age	0-9 Yrs	672 (11%)	9207 (11%)	21892 (12%)
	10-19 Yrs	690 (11%)	11496 (14%)	27478 (15%)
	20-29 Yrs	396 (6%)	10101 (12%)	22373 (12%)
	30-39 Yrs	439 (7%)	8408 (10%)	19653 (10%)
	40-49 Yrs	765 (13%)	9510 (12%)	24106 (13%)
	50-59 Yrs	850 (14%)	11349 (14%)	24515 (13%)
	60-69 Yrs	934 (16%)	10176 (12%)	21785 (12%)
	70+ Yrs	1006 (17%)	8660 (10%)	19003 (10%)

Median HH Income		$88,302	$76,836	$64,276
Total Household Income	< 24K	222 (9%)	4466 (15%)	13248 (19%)
	25-49K	318 (13%)	4694 (16%)	12638 (19%)
	50-74K	385 (16%)	4642 (16%)	12109 (18%)
	75-99K	481 (20%)	4767 (16%)	9349 (14%)
	100-199K	579 (24%)	7741 (27%)	15975 (24%)
	200K+	377 (15%)	1995 (7%)	2950 (4%)

Highest Education Level	No Diploma	87	3547	9970
	Diploma or GED	698	11251	30141
	Some College	953	14317	32010
	Assoc. Degree	209	4303	10417
	Bachelors Degree	1212	11059	21992
	Higher Degree	1020	8550	15386

Total Housing Units		2,499	30,960	73,038
--Owner-Occupied		2,110	22,044	46,832
--Renter-Occupied		253	6,260	19,436
Owner-Occupied Values	< 100K	147	4883	13366
	100-199K	650	10671	21722
	200-299K	567	4008	8022
	300-399K	413	1415	2303
	400-499K	156	627	773
	500K+	176	441	646

Total Working Age Population		4,647	62,790	141,490
In Work Force		2,691	39,494	90,079
Not In Work Force		1,957	23,296	51,411
Workforce Employed		2,398	35,607	80,205
Workforce Unemployed		293	3,864	9,735
Civlian Workforce		2,691	39,471	89,940
Military Workforce		0	23	139

Total Households		2,363	28,305	66,268
Family Households		1,561	19,058	43,231
Non-Family Households		802	9,247	23,038
Married Couple		1,292	12,172	26,046
Other Family		269	6,886	17,185
Married w/Child		458	4,478	9,258
Single Male w/Child		54	852	1,773
Single Female w/Child		84	2,094	6,404

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
Illinois	12,419,293	+3	12,830,632	+12	14,316,487	+6	15,138,849
Cook County	5,376,741	-3	5,194,675	+10	5,707,832	+5	5,990,243
Will County	502,266	+35	677,560	+34	907,625	+20	1,093,207

Total Working Age Population:

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No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Common Questions and Answers

What is the asking price for 3400 - 3498 Vollmer Rd in Olympia Fields?

The asking price for 3400 - 3498 Vollmer Rd is $6,125,000

What is the building size of this Retail property in Olympia Fields, IL?

The size of the building/unit at 3400 - 3498 Vollmer Rd in Olympia Fields is 54,848 square feet

How much land does the Olympia Fields, IL property at 3400 - 3498 Vollmer Rd include?

3400 - 3498 Vollmer Rd in Olympia Fields includes 5.620 acres of land

What kind of Retail is the propery at 3400 - 3498 Vollmer Rd?

The property at 3400 - 3498 Vollmer Rd Olympia Fields, IL 60461 is listed as a Shopping Center Retail property

What is the population within 1 mile of 3400 - 3498 Vollmer Rd in Olympia Fields?

The population within 1 mile of 3400 - 3498 Vollmer Rd Olympia Fields, IL 60461 is 5,753 people.

Who do I contact for questions about 3400 - 3498 Vollmer Rd?

You should contact the listing agent, Autumn Psaros, for any details regarding this commercial listing.

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