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LIBERTY PLAZA

$7,246,000 | 9.65%

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4557 Lincoln Highway
Matteson, Illinois

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Features

  • Opportunity to Add Value and Cap Rate Growth Through Leasing the Remaining 5,311 Square Feet of Vacant Space
  • Chicagoland Smile Group has Signed a New 10-Year Lease Commencing May 1, 2021
  • Ideal Mix of National, Regional and Local Tenants
  • Long Term Operating History | Six Tenants Have Operated at this Location for Over 12 Years
  • Shadow Anchored by Proposed Casino, an Entertainment Space, Bowling Alley and Food Hall to Replace the Former Matteson Mall Adjacent to Subject Property
    • Currently Under Review with the Illinois Gaming Board
    • The Casino and Hotel Complex Will Be the Center Piece of a Larger Proposed Mixed-Use Development:
      • Market Square Crossing is a Master Development Plan That Includes a New Mixed-Use Community with Over 2000,000 Square Feet of Retail, 613 Residential Units and 2.3-Acre Town Center with Green Spac
  • Ideally Located in Densely Traveled Retail Thoroughfare
    • One Block from Major Intersection | 52,015 Vehicles per Day at the Intersection of Lincoln Highway and Cicero Avenue
    • Located Directly Off Interstate 57 | 89,700 Vehicles per Day
    • Highly Visible | 580 Feet of Frontage Along Lincoln Highway
    • Local Area Retailers Include Home Depot, Marshalls, PetSmart, Burlington, Dollar Tree, ROSS Dress for Less, J.C.Penny, DaVita Dialysis, Starbucks, Panera, Potbelly, Chipotle, and More
  • Excellent Demographics | Population of 59,674 Within Three Miles
    • Average Household Income Within One Mile is $89,832

Contact

AUSTIN WEISENBECK
Senior Vice President Investments
Tel: (630) 570-2169
Austin.Weisenbeck@marcusmillichap.com
* Broker of Record: Steven Weinstock

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