Two-Tenant Retail
For Sale
Contact for pricing
400 Town Center Road, Matteson, IL 60443
Fully leased building with a drive-through restaurant space and outdoor patio seating at a signalized shopping center entrance.
Property Size5,907 SF
Days on Market144
Property Features for 400 Town Center Road
General Information
Standard status
Active
Size
5,907 SF
Property subtype
Retail
Occupancy
100%
Site & Location
Drive-Thru
Yes
Anchor Co-Tenants
Toys "R" Us, Office Max, PetSmart, Chuck E. Cheese's
Traffic Count
43,200 vehicles/day
Highway Access
Yes
Road Access
Yes
Additional Details
Patio
Yes
Amenities
drive-thru
outdoor patio seating
Building Details
Year Built
2016
Buildings
1
Tenancy
Multi
Listing Agency:
The Boulder Group
(847) 562-0003
Listed By:
Randy Blankstein · License #IL 471005983
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 31 at 3:37AM
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 The Boulder Group
Investment Insights
Based on property information with market context.
This 5,907-square-foot retail building was completed in 2016 and is occupied by Potbelly Sandwich Works and American Mattress. The restaurant component includes a drive-through and outdoor patio seating, while both occupants operate under corporate-guaranteed leases. Each lease has approximately nine years remaining, followed by two 5-year renewal options, with 10% rental escalations during the initial terms and option periods. Tenants pay their pro-rata shares of taxes, insurance, and common area maintenance.
The property fronts Lincoln Highway (Route 30) at a signalized entrance to Matteson Town Center in Matteson, Illinois, within the Chicago MSA. Lincoln Highway carries 43,200 vehicles per day, and Interstate-57 is less than one-quarter mile away with direct on-and-off access and 87,700 vehicles per day. Matteson Town Center is anchored by Toys “R” Us, Office Max, PetSmart, and Chuck E. Cheese’s. Approximately 55,000 people live within a three-mile radius, with average annual household incomes exceeding $74,200.
The property fronts Lincoln Highway (Route 30) at a signalized entrance to Matteson Town Center in Matteson, Illinois, within the Chicago MSA. Lincoln Highway carries 43,200 vehicles per day, and Interstate-57 is less than one-quarter mile away with direct on-and-off access and 87,700 vehicles per day. Matteson Town Center is anchored by Toys “R” Us, Office Max, PetSmart, and Chuck E. Cheese’s. Approximately 55,000 people live within a three-mile radius, with average annual household incomes exceeding $74,200.
Key Highlights
- 5,907‑square‑foot retail building completed in 2016
- Fully leased to Potbelly Sandwich Works and American Mattress
- Approximately nine years remaining on both corporate‑guaranteed leases
Property Analytics
Current Use
Lease Details
43,200 VPD
Traffic count
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
714
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Retail space - Fully leased building with a drive-through restaurant space and outdoor patio seating at a signalized shopping center entrance.
Where is this retail space located?
The property is located at 400 Town Center Road Matteson, IL.
What are key features of this property?
This property features: 5,907‑square‑foot retail building completed in 2016; Fully leased to Potbelly Sandwich Works and American Mattress; Approximately nine years remaining on both corporate‑guaranteed leases
