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200+ Acres Development Opportunity

21000 South Cicero Avenue, Matteson, IL 60443

For Sale
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200+ acres suitable for mixed-use, commercial, and residential development.

Property Size200 SF
Lot Size200.00 Acres
Days on Market230

Property Features for 21000 South Cicero Avenue

General Information

Standard status Active
Size 200 SF
Lot size 200.00 Acres
Property subtype Land
Listing Agency: CBRE | Chicago
Listed By: Tom Svoboda
Source: Cbre
Added: Mar 25 Changed: Oct 30 Last Checked: Nov 8 at 4:23AM

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 CBRE | Chicago

Rey
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Investment Insights

Based on property information with market context.

This property features over 200 acres, with parcels 1 and 2 currently zoned for mixed-use commercial purposes, and parcel 3 zoned for residential use. Parcels 1 and 2 offer the potential for up to 1,500,000 square feet of industrial development. Parcel 3 South is designated for residential development, while Parcel 3 North has the potential for water mitigation for parcels 1 and 2. The site benefits from utilities and a highly visible location with half a mile of frontage on Cicero Avenue, which sees 17,500 vehicles per day. It is located less than 1 mile from a 4-way interchange at I-57 and Route 30, in a pro-business community.

Key Highlights

  • Potential for 1,500,000 SF of industrial development on Parcels 1 & 2
  • 200+ Acres of land** available
  • Less than 1 mile to I‑57 and Rte. 30 interchange

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Suggested Use

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

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

Location Intelligence

Trade Area within ½ mile

154
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Commercial land in Cook County

Jul
Aug
Sep
Oct

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025

Frequently Asked Questions

What type of property is this?
Commercial land - 200+ acres suitable for mixed-use, commercial, and residential development.
Where is this commercial land located?
The property is located at 21000 South Cicero Avenue Matteson, IL.
What are key features of this property?
This property features: Potential for **1,500,000 SF of industrial development** on Parcels 1 & 2; 200+ Acres of land** available; Less than 1 mile to I‑57 and Rte. 30 interchange
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