Retail Space - For Sale
4431 West Lincoln Highway Orland Park, IL 60467
Details & Description
Price: $1,650,000
  • Property Type Retail for Sale : Shopping Center
  • Lot Size Acres 2.340
  • Building Sq Ft 25,520
  • Building Price per Sq Ft $64.66
  • Land Sq Ft 101,930
  • Land Price per Sq Ft $16.19
  • NOI $152,702
  • CAP Rate % 9.25
The M.I.A team in conjunction with Keller Williams ONEChicago and KW Commercial has been retained to represent the sale of 4431-57 W. Lincoln Highway, Matteson, IL 60443. This retail strip provides investors with access to a 92 percent occupied retail property of Class C. The 4431-57 W. Lincoln Highway retail strip center is situated in the Far South submarket of Chicago, Illinois. There are 112 parking spaces available on-site, providing ample parking for tenants.
Property ID:    300298
Property URL: melqr.com/300298
Generated:    03-30-23
Property Highlights
• Array
• Array
Additional Photos
Listing Agents
Tony Hardy

O: 773-575-6082
tonyhardy@kw.com
Travis Montgomery

O: 773-946-8816
travis.m@kwcommercial.com
Ariana Abercrumbie

O: 312-216-2422
M: 312-805-3756
ariana@kwcommercial.com
While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.
Retail Space / Illinois / Orland Park / 60467 / 4431 West Lincoln Highway

4431 West Lincoln Highway

Orland Park, IL 60467

Listing ID: 300298
$1,650,000
For Sale
  • Property Type Retail for Sale : Shopping Center
  • Lot Size Acres 2.340
  • Building Sq Ft 25,520
  • Building Price per Sq Ft $64.66
  • Land Sq Ft 101,930
  • Land Price per Sq Ft $16.19
  • NOI $152,702
  • CAP Rate % 9.25
  • 4431 West Lincoln Highway Orland Park, IL 60467 | for Sale | Photo 1
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Property Highlights
• 92% Leased Retail Strip Center
• Pepe's is an Anchor Tenant
• Strong Demographics with Dense Population and High Consumer Spending
• Adjacent to Big Box Retailers, Grocery Stores, and National Hospitality Chains
Description

The M.I.A team in conjunction with Keller Williams ONEChicago and KW Commercial has been retained to represent the sale of 4431-57 W. Lincoln Highway, Matteson, IL 60443. This retail strip provides investors with access to a 92 percent occupied retail property of Class C. The 4431-57 W. Lincoln Highway retail strip center is situated in the Far South submarket of Chicago, Illinois. There are 112 parking spaces available on-site, providing ample parking for tenants.

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Orland Park Area Market Trends

Listing Demographics for 4431 West Lincoln Highway Orland Park, IL 60467

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile 3-Miles 5-Miles
Total Population5,50042,612122,780
Population Median Age414040
Population by Age0-9 Yrs525 (9%)4448 (10%)13534 (11%)
10-19 Yrs906 (16%)6747 (15%)17407 (14%)
20-29 Yrs498 (9%)5076 (11%)14898 (12%)
30-39 Yrs437 (7%)3875 (9%)12364 (10%)
40-49 Yrs915 (16%)6372 (14%)16950 (13%)
50-59 Yrs792 (14%)6419 (15%)18561 (15%)
60-69 Yrs802 (14%)5441 (12%)15985 (13%)
70+ Yrs626 (11%)4232 (9%)13080 (10%)
Median HH Income$79,361$94,755$84,585
Total Household Income< 24K332 (15%)1875 (12%)6094 (13%)
25-49K481 (22%)1908 (12%)6584 (14%)
50-74K223 (10%)2072 (13%)7399 (16%)
75-99K292 (13%)2291 (14%)6298 (14%)
100-199K750 (34%)5950 (38%)14963 (33%)
200K+96 (4%)1235 (8%)3645 (8%)
Highest Education LevelNo Diploma14811994011
Diploma or GED1251703320156
Some College812654820175
Assoc. Degree20623187379
Bachelors Degree725683319436
Higher Degree667439312763
Total Housing Units2,28716,18348,118
--Owner-Occupied1,75613,10936,216
--Renter-Occupied4182,2238,767
Owner-Occupied Values< 100K62117225193
100-199K373451712744
200-299K49337179271
300-399K25921675880
400-499K97022041
500K+22831087
Total Working Age Population4,20833,40898,044
In Work Force3,00423,59666,105
Not In Work Force1,2049,81231,939
Workforce Employed2,77321,74060,349
Workforce Unemployed2311,8475,673
Civlian Workforce3,00423,58666,022
Military Workforce01083
Total Households2,17415,33244,983
Family Households1,31210,63130,816
Non-Family Households8624,70114,167
Married Couple9598,15522,832
Other Family3532,4757,984
Married w/Child2103,2538,537
Single Male w/Child1399685
Single Female w/Child1508822,516

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
Illinois12,419,293+312,830,632+1214,316,487+615,138,849
Cook County5,376,741-35,194,675+105,707,832+55,990,243
Will County502,266+35677,560+34907,625+201,093,207

Total Working Age Population:

Total Households:

Total Working Age Population:

Total Households:

Total Working Age Population:

Total Households:

No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Listing Location & Map Views
Other Retail Space Listings for Sale Nearby
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202 Forest Boulevard, Park Forest, IL CALL 10500 -
202 Forest Boulevard, Park Forest, IL CALL 10500 1.16
1645 Western Avenue, Chicago Heights, IL $250,000 4225 0.84
1036 Sterling Avenue, Flossmoor, IL $1,225,000 13250 0.23
16658 Oak Park Avenue, Tinley Park, IL $1,125,000 7750 1
16658 Oak Park Avenue, Tinley Park, IL $750,000 2800 1
19931 Wolf Road, Mokena, IL $1,649,000 2500 0.5
16300 South Cicero Avenue, Oak Forest, IL CALL 15000 1.34
Closest Commercial Airports
Airport Distance (mi)
Chicago Midway International Airport (MDW) 19
Chicago O'Hare International Airport (ORD) 33
South Bend Regional Airport (SBN) 77
Listing Agent
Tony Hardy - CRE Agent at

Tony Hardy

Independent Agent

773-575-6082 (office)

VIEW AGENT PROFILE

kwcommercial.com

CONTACT ME

Listing Co-Agent
Tony Hardy - CRE Agent at

Travis Montgomery

773-946-8816 (office)

CLICK TO VISIT

Listing Co-Agent
Tony Hardy - CRE Agent at

Ariana Abercrumbie

312-216-2422 (office)

312-805-3756 (mobile)

CLICK TO VISIT

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