Confidential Matteson, IL
Two-tenant retail building with value-add parcel in a retail hub.
Property size:
13,600 SFProperty Features for Confidential
General Information
- Size
- 13,600 SF
Building Details
- Year built
- 1986
Source:
Svnchicago
Listing Agent: Ronald Weissenhofer
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Retail Strip Center Investment Opportunity
This 13,600 square foot inline strip center is strategically positioned in a vibrant retail hub, offering prime visibility and high traffic flow. Anchored by Harbor Freight and Planet Fitness, the shopping center presents a compelling opportunity for retailers seeking a prominent presence in a bustling commercial district. The property is located in a strong retail hub for commercial and hotel development and is easily accessible via Interstates 57, 80, and 294. Three different airports are within 30 minutes from the property, including O'Hare, Gary, and Midway. The two-tenant building is offered at an attractive CAP rate of 9%, presenting a compelling investment opportunity with solid potential for returns. The inclusion of a value-add parcel on the south side opens up possibilities for future development, adding further value to the property. Local tax and financial incentives are available, along with programs offered by the State. This property is an appealing proposition for retail and street retail investors seeking a well-performing asset with promising opportunities for expansion and increased value.
Location Intelligence
Current Use by Public Records
Strip malls
Map
- City
- Matteson
- County
- Cook
- State
- Illinois
- Longitude
- -87.7131018
- Latitude
- 41.5039235
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FAQs
What type of property is this?
Strip mall - Two-tenant retail building with value-add parcel in a retail hub.
Where is this strip mall located?
The property is located at Confidential Matteson, IL.
What is the asking price?
The asking price for this property is $2,820,000.
What are key features of this property?
This property features: - Attractive 9% CAP rate offers a compelling investment opportunity with solid potential for returns.; - Value-add parcel on the south side allows for future development and increased property value.; - Anchored by Harbor Freight and Planet Fitness, ensuring high traffic and customer draw.