100-196 Town Center Rd
Matteson, IL 60443
Matteson Town Center · Retail Property For Sale

Property tours are available by appointment ONLY. Please contact Steven Silverman (248-324-2000 / steven.silverman@freg.com) to schedule a tour. Matteson Town Center is a ±180,000 SF community retail center located at 4141 Lincoln Highway in Matteson, IL. This opportunity offers investors significant value-add potential via aggressive lease-up, modernized capital improvements, additional outparcel development, and professional property management. Matteson Town Center is situated on a 17.71-acre, commercially-zoned site and is currently ±64% occupied with up to ±46,000 SF of space available for immediate lease-up (17 individual units). The longstanding national tenants include Chuck E Cheese, Footlocker, OfficeMax/Office Depot, Subway, Lane Bryant, Cricket Wireless, and Check N Go. The center is located in Cook County, just off the I-57, in Southland Chicago SWC of S Cicero Ave. (Rt 50) & Lincoln Highway (Rt 30). The property benefits from its substantial frontage and access points from both Lincoln Hwy and Cicero Avenue, where combined daily traffic counts exceed 54,500 vehicles per day. Matteson Town Center benefits from a vast regional draw as a result of its location in a main commercial corridor with several national retailers, including Walmart, Sam's Club, Target, Home Depot, Menard's, Ross Dress For Less, PetSmart, Marshall's, Sports Authority, Burlington Coat Factory, and many others. The property allows for quick interstate access to Chicago (30 miles north). Also located nearby is the Hollywood Amphitheater and Olympia Fields Country Club. The dense trade area has a population of ±150,000 residents and average annual household incomes exceeding ±$77,500 within five miles (2019).