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    3601-3611 Lincoln Hwy Matteson, IL 60443

    Sponsored
    For Sale
    $450,000

    High-traffic, C-5 zoned land for sale.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.86-acre commercial land parcel, located at 3601-3611 W Lincoln Hwy in Matteson, Illinois (zip code 60443), presents a unique investment opportunity. Situated at the southwest corner of US Route 30 and Main Street, this property boasts approximately 300 feet of frontage on Route 30 and approximately 125 feet of frontage on Main Street. The site's C-5 zoning allows for a wide range of development possibilities, including retail, office, restaurant, car wash, and gas station uses. With a total area of 37,386 square feet and a land value of $14.72 per square foot, the asking price is $450,000. The property benefits from a high-traffic location at a four-way signalized intersection, experiencing approximately 39,000 vehicles per day. Its strategic location is further enhanced by its proximity to a Metra train station, just one block west, ensuring convenient access for commuters and customers. This prime location in a densely populated area makes it an ideal site for a variety of commercial ventures. The property is available for sale, ground lease, or build-to-suit options.

    Property Features for 3601-3611 Lincoln Hwy

    General Information

    Property type
    Land
    Lot Size
    37,462 SF

    HighLights

    • High‑visibility location at a four‑way signalized intersection.
    • High traffic counts averaging approximately 39,000 vehicles per day (VPD).
    • Situated in a densely populated trade area.
    • One block west of a Metra train station.
    • C‑5 zoning allows for diverse development opportunities.
    • 300 feet of frontage on Route 30.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Matteson
    County
    Cook
    State
    Illinois
    Longitude
    -87.7468071
    Latitude
    41.5092744

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    FAQs

    What type of property is this?
    Land - High-traffic, C-5 zoned land for sale.
    Where is this land located?
    The property is located at 3601-3611 Lincoln Hwy Matteson, IL.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: High-visibility location at a four-way signalized intersection.; High traffic counts averaging approximately 39,000 vehicles per day (VPD).; Situated in a densely populated trade area.
    (708) 927-8000
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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
    3601-3611 Lincoln Hwy Matteson, IL 60443
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