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Market Square Crossing 500 Promenade Way

1 - 50 Acres of Commercial Land for Lease in Matteson, IL 60443

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Highlights

Includes 2.5-acre Community Square and 31 acres of sports, community and recreational space
Cicero Avenue and Lincoln Highway combined 62,900 cpd
Immediate availability

Area tenants include The Home Depot, Menards, Marshalls, Ross, Bar Louie, Panera, Starbucks, Chipotle, Holiday Inn, Hampton Inn, LA Fitness
Unique retail, residential, recreational and community opportunities
Available for sale and lease

Lot Available

Rental Rate	Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request	Lot Size	1.00 - 50.00 AC
Lease Term	Negotiable

Rental Rate	Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request
Lease Term	Negotiable
Lot Size	1.00 - 50.00 AC

50-acre prime redevelopment, can be subdivided down to 1-acre sites 
• Up to 200,000 SF of available commercial space for sale or lease 
• 2,500 off street parking spaces 
• Proposed 613 residential units for sale and lease 
• A 2.3-acre Town Center with green space and fountain feature 
• 30.9 acres of sports and recreational use 
• Pedestrian-friendly, extra-wide sidewalks suitable for outdoor seating 
• Bicycle paths connect to Old Plank Road Trail and attract cyclists

Property Overview

Conveniently located just 45 minutes from downtown Chicago and in the heart of the Chicago Southland area, Matteson’s Market Square Crossing is a premier opportunity for recreational growth. The Matteson market features a young, active family-oriented population and draws from a larger market seeking sports facilities in the region. Matteson includes beautiful homes, friendly neighbors, shopping and dining, great schools, parks and exceptional village services. The Market Square Crossing site will be the premier athletic hub of the Chicago Southland area, attracting a wide range of tournaments and families seeking recreational venues and the amenities that support these venues such as restaurants and retail.

PROPERTY FACTS

Min. Divisible	1.00 AC	Property Subtype	Commercial
Property Type	Land	Proposed Use	Commercial Hospitality Apartment Units Apartment Units - Condo Bank Hotel Parking Lot Storefront, Retail or Office

Min. Divisible	1.00 AC
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Hospitality Apartment Units Apartment Units - Condo Bank Hotel Parking Lot Storefront, Retail or Office

Market Square Crossing Plan

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Listing ID: 22282217
Date on Market: 10/17/2024
Last Updated:
Address: 500 Promenade Way, Matteson, IL 60443

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500 Promenade Way, Matteson, IL for lease Primary Photo- Image 1 of 2 — Primary Photo

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