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    300 Town Center Rd Matteson, IL 60443

    For Sale
    $775,000

    High-traffic retail site, flexible options.

    Property size:
    7,731 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional 7,731 square foot retail property, located at 300 Town Center Road in Matteson, Illinois, presents a unique investment opportunity. The site offers a flexible approach to ownership, with options for outright purchase, ground lease, or build-to-suit development. Situated on a 1.43-acre lot, the property boasts significant frontage along two major thoroughfares: approximately 131 feet on Cicero Avenue and approximately 110 feet on Town Center Road. This prime location places the property within a high-traffic area, surrounded by established businesses and significant consumer traffic. The immediate vicinity includes well-known national retailers such as Home Depot, Aldi, and Pete's Fresh Market, ensuring high visibility and accessibility for potential tenants. The property's strategic positioning near major roadways and hotels further enhances its appeal and potential for strong returns. This is an ideal opportunity for investors seeking a high-visibility retail location in a thriving commercial area. The flexible ownership options cater to a wide range of investment strategies, making this a truly compelling proposition for discerning buyers. Serious inquiries are encouraged to explore the possibilities of this exceptional retail property.

    Property Features for 300 Town Center Rd

    General Information

    Property type
    Retail properties
    Square Feet
    7,731 SF

    Building Details

    Year Built
    1984
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Matteson
    County
    Cook
    State
    Illinois
    Longitude
    -87.73315
    Latitude
    41.50518

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    FAQs

    What type of property is this?
    Retail property - High-traffic retail site, flexible options.
    Where is this retail property located?
    The property is located at 300 Town Center Rd Matteson, IL.
    What is the asking price?
    The asking price for this property is $775,000.
    (708) 873-5540
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    300 Town Center Rd Matteson, IL 60443
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    Matteson, IL 60443
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    300 Town Center Rd Matteson, IL 60443
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