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Property profile & analytics
OFF-MARKET
Land

21701 Central Ave Matteson, IL 60443

63 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 63-acre commercial and industrial development site, known as Central Park Truck Center, presents a unique investment opportunity in Matteson, Illinois. Located at 21701 Central Ave, Cook County, zip code 60443 (41.497074, -87.747621), this property boasts I-2 zoning, permitting a wide range of heavy industrial uses. The site is part of a brand-new logistics park, featuring ample space for development. Key features include over 450 trailer stalls, maintenance bays, and flexible unit sizes to accommodate diverse business needs. A significant benefit is the availability of a brand-new Class 8 tax incentive, further enhancing the investment potential. The property is slated for completion in Q4, offering immediate occupancy upon completion of new construction. Its strategic location provides excellent interstate exposure, with over 61,000 vehicles passing daily, and offers direct interchange access via Route 30. Outside storage is permitted, adding to the versatility of this prime development site. This is an unparalleled opportunity to establish a thriving business within a rapidly growing logistics hub.

Property profile
Verified
Property type Land
Lot 63 ac (2,744,280 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • KENCO Warehouse & Storage
  • Chicagoland Truck Parking Warehouse & Storage
  • Amazon parking lot Warehouse & Storage
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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