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    300 Towne Ctr Rd Matteson, IL 60443

    For Lease
    Contact for pricing

    High-traffic location, 7,753 sqft, flexible options

    Lot size:
    7,753 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 7,753-square-foot retail property, located at 300 Towne Center Rd in Matteson, Illinois, presents a unique investment opportunity. Currently vacant, the 7,731-square-foot space offers flexibility for various retail uses. Situated on a 1.43-acre lot in Cook County's South Suburbs, this single-tenant building boasts excellent visibility and accessibility. The property benefits from significant frontage along Cicero Avenue (approximately 131 feet) and Towne Center Road (approximately 110 feet), placing it at the southwest corner of Lincoln Highway and Cicero Avenue. This prime location is surrounded by high-traffic roads, hotels, and established retailers, including Home Depot, Aldi, and Pete's Fresh Market, ensuring high visibility and potential customer traffic. The property is zoned MXD, allowing for a range of development possibilities. The seller is open to considering a sale, ground lease, or build-to-suit arrangement, providing considerable flexibility for potential buyers or tenants. This is an ideal opportunity to establish a thriving retail presence in a vibrant and growing community. The zip code is 60443.

    Property Features for 300 Towne Ctr Rd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    7,753 SF

    Unit(s) available at that property

    Space
    Available space
    Size
    7,731 SF

    HighLights

    • Ground Lease Opportunity: Build‑to‑Suit Available.
    • Former Fuddruckers Restaurant; Fully Equipped.
    • Strong National Retailer Co‑Tenancy.
    • High Traffic Counts.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Matteson
    County
    Cook
    State
    Illinois
    Longitude
    -87.7331578
    Latitude
    41.5051942

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    FAQs

    What type of property is this?
    Retail property - High-traffic location, 7,753 sqft, flexible options
    Where is this retail property located?
    The property is located at 300 Towne Ctr Rd Matteson, IL.
    What are key features of this property?
    This property features: Ground Lease Opportunity: Build-to-Suit Available.; Former Fuddruckers Restaurant; Fully Equipped.; Strong National Retailer Co-Tenancy.
    Request Owner's contact information
    300 Towne Ctr Rd Matteson, IL 60443
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    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
    300 Towne Ctr Rd Matteson, IL 60443
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