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Multi-Tenant Retail Shopping Center
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4431 Lincoln Hwy, Matteson, IL 60443

Multi-tenant retail center with pylon signage and a surface parking lot exceeding 110 spaces.

Property Size25,450 SF
Lot Size2.34 Acres
Days on Market130

Property Features for 4431 Lincoln Hwy

General Information

Standard status Active
Size 25,450 SF
Lot size 2.34 Acres
Property subtype Retail
Occupancy 90%

Site & Location

Traffic Count 39,956 vehicles/day
Highway Access Yes
Road Access Yes

Amenities

pylon signage

Building Details

Year Built 1976
Tenancy Multi
Listing Agency: Quantum Real Estate Advisors
Listed By: Chad Firsel · License #IL 471001133
Source: Crexi
Added: Apr 13 Changed: Aug 8 Last Checked: Jul 23 at 7:36AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Quantum Real Estate Advisors

Investment Insights

Based on property information with market context.

Lincoln Square is a 25,450-square-foot multi-tenant retail shopping center built in 1976. The property is currently 90% leased to a mix of local and regional retailers. All tenants are signed to gross leases except for one tenant, creating an opportunity to convert remaining leases to net structures while leasing up the remaining vacancies.

The center is located at 4431–4457 Lincoln Highway in Matteson, IL, positioned on the corner of Lincoln Highway and Lincoln Mall Dr. It benefits from high visibility and easy access with two points of ingress/egress from Lincoln Highway. Site improvements include pylon signage and a surface parking lot with over 110 spaces.

Surrounded by a variety of national retailers, Lincoln Square is situated in a densely populated trade area and captures combined vehicle traffic of 39,956 VPD on Lincoln Highway and Lincoln Mall Dr.

Key Highlights

  • 25,450 SF multi‑tenant retail asset at 4431–4457 Lincoln Highway, Matteson, IL
  • Currently 90% leased to a mix of local and regional retailers; 2 vacancies to lease up
  • All tenants are on gross leases except one tenant, offering potential to convert remaining gross leases to net

Property Analytics

Current Use

Pepe's Mexican Restaurants Restaurant

Suggested Use

Top Pick HVAC Service Storage Facility Kitchen & Bath Showroom Garden Center Auto Repair Shop Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

39,956 VPD
Traffic count
90%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,019
Businesses Nearby
39k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 71% Shops & Services 14% Apparel 12% Electronics 3%
McDonald's Dining
27,826 visits/mo 0.5 miles
Citi Trends Apparel
4,820 visits/mo 0.4 miles
Factory Furniture Outlet Shops & Services
3,069 visits/mo 0.4 miles
OneMain Financial Shops & Services
1,715 visits/mo 0.4 miles
Cricket Wireless Authorized Retailer Electronics
1,015 visits/mo 0.4 miles

Demographics for 60443, IL

21,309
Population
8,672
Households
2.5
Avg Household Size
43
Median Age
38%
College-Educated
93%
High-School Grad
11.3 sq mi
ZIP Area
1,886
Density / Sq Mi
$93,941
Median Household Income
$57,463
Median Earnings
$1,377
Median Rent
$229,000
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Similar Off Market Nearby

  • Lincoln 208 Lincoln Mall Dr, Matteson, IL 60443
  • Matteson Town Center Shopping Mall Matteson, IL 60443
  • Mall Of India 21410 S Cicero Ave, Matteson, IL 60443
  • Matteson,IL Cross Roads Plaza Shopping Mall Matteson, IL 60443
  • Lincoln Mall 208 Lincoln Mall Dr, Matteson, IL 60443

Frequently Asked Questions

What type of property is this?
Shopping center - Multi-tenant retail center with pylon signage and a surface parking lot exceeding 110 spaces.
Where is this shopping center located?
The property is located at 4431 Lincoln Hwy Matteson, IL.
What are key features of this property?
This property features: 25,450 SF multi‑tenant retail asset at 4431–4457 Lincoln Highway, Matteson, IL; Currently 90% leased to a mix of local and regional retailers; 2 vacancies to lease up; All tenants are on gross leases except one tenant, offering potential to convert remaining gross leases to net
More about this property
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