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Shopping Neighborhood

Liberty Plaza

4557 Lincoln Hwy, Matteson, IL 60443

Listing Price: $7,246,000

Cap Rate
9.65%
Gross SF
60,328
Rentable SF
60,328
Price/Gross SF
$120.11
Lot Size
6.27 acres
Year Built
1982

Investment Overview

Marcus & Millichap is pleased to announce Liberty Plaza located in Matteson, Illinois. This center features an ideal mix of national, regional, and local tenant. The property lies adjacent to the site of a proposed 60-acre commercial business, casino, residential housing, and retail development. The plaza is located directly off Interstate 57 and features 580 feet of frontage along the Lincoln Highway.

Investment Highlights

  • 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
  • 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
  • Ideally Located in Densely Traveled Retail Thoroughfare
  • Excellent Demographics | Population of 59,674 Within Three Miles

Exclusively Listed By

Shopping Neighborhood

Liberty Plaza

Listing Price: $7,246,000

Cap Rate
9.65%
Gross SF
60,328
Rentable SF
60,328
Price/Gross SF
$120.11
Lot Size
6.27 acres
Year Built
1982

Investment Highlights

  • 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
  • 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
  • Ideally Located in Densely Traveled Retail Thoroughfare
  • Excellent Demographics | Population of 59,674 Within Three Miles

Investment Overview

Marcus & Millichap is pleased to announce Liberty Plaza located in Matteson, Illinois. This center features an ideal mix of national, regional, and local tenant. The property lies adjacent to the site of a proposed 60-acre commercial business, casino, residential housing, and retail development. The plaza is located directly off Interstate 57 and features 580 feet of frontage along the Lincoln Highway.

Exclusively Listed By

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