4801 211Th St Matteson, IL 60443
- Commercial real estate
- 1.09 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 4801 211Th St
- Year built
- 2009
- Lot size
- 1.09 lot acres
- Property type
- Commercial real estate
- APN
- 31-21-400-008
- APU
- 3121400008
Description
This exceptional 3,500 square foot retail endcap space is now available in Crossroads Plaza. Located at a busy intersection boasting high visibility, this property benefits from significant daily traffic volume. Lincoln Highway sees 33,800 vehicles per day, while Cicero Avenue sees 16,800. The strong demographics of the area are further enhanced by a population of 100,068 within a 10-minute drive and an average household income exceeding $101,004 within a one-mile radius. This presents a unique opportunity for businesses seeking high exposure and a strong customer base. The property's strategic location is further amplified by its proximity to established and successful national retailers such as Chipotle, Five Guys, and Verizon, creating a synergistic environment for potential tenants. The area also benefits from the prestige of the nearby Olympia Fields Country Club, a renowned private club with two 18-hole golf courses and a world-class clubhouse, attracting a high-income clientele. This retail space offers excellent potential for a variety of businesses seeking a high-traffic, affluent location. The property is available for multiple tenants. Contact us today to learn more about this exceptional opportunity.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $6,095,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $5,260,000
- 6.5%
- $5,055,000
- 7%
- $5,465,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $5,345,000
- Geo Method
- $4,675,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $4,705,000
- Retail
- $5,575,000
- Mixed-Use
- $5,720,000
- Hospitality
- $6,050,000
- Educational
- $5,930,000
- Residential Income
- $5,335,000
- Energy
- $4,535,000
- Income-Based Land
- $4,845,000
- Food Service
- $4,815,000
Location Insight
- Map
- Local Demand
- City
- Matteson
- County
- Cook
- State
- Illinois
- Longitude
- -87.7332
- Latitude
- 41.5057
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA