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    3601-3611 W Lincoln Hwy Matteson, IL 60443

    For Sale
    $450,000

    Land with high traffic, development potential, near Metra station.

    Lot size:
    0.86 Acres

    Property Features for 3601-3611 W Lincoln Hwy

    General Information

    Lot size
    0.86 Acres

    Source: Network Commercial Real Estate Agent Neil Haleem

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Land at Signalized Intersection

    This commercial land is situated at a 4-way signalized intersection with high traffic counts of approximately 39,000 vehicles per day. The property benefits from a densely populated surrounding area and is located one block west of the Metra Train Station. Featuring 300 feet of frontage on Route 30, the site is zoned C-5, allowing for many development possibilities.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Matteson
    County
    Cook
    State
    Illinois
    Longitude
    -87.70383
    Latitude
    41.505809

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    FAQs

    What type of property is this?
    Land - Land with high traffic, development potential, near Metra station.
    Where is this land located?
    The property is located at 3601-3611 W Lincoln Hwy Matteson, IL.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: - High traffic counts of approximately 39,000 vehicles per day.; - Located at a 4-way signalized intersection.; - 300 ft frontage on Route 30.
    (708) 927-8000
    Request Owner's contact information
    3601-3611 W Lincoln Hwy 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
    3601-3611 W Lincoln Hwy Matteson, IL 60443
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