Jiffy Lube

For Sale

20602 S Cicero Ave, Matteson, IL 60443

This Matteson property for sale is located at 20602 S Cicero Ave. The current listed sale price for Jiffy Lube is $1,400,000. Jiffy Lube is situated on a lot that is 0.72 acre in size.

Contacts

broker

Nick Yaldo

Encore Real Estate Investment Services

(248) 970-2648

Property Details

  • Property Type Retail - Freestanding
  • Property Size 2,200 SF
  • Lot Size 0.72 Acre
  • Property Tenancy Single Tenant
  • Year Built 1991
  • Year Renovated 2014
  • Date Updated Feb 1, 2024
Matteson is located in Cook County, Illinois, the second most populous county in the United States. It is 30 miles southwest of Chicago, and included in the Chicago MSA. It is a suburb of Chicago, located 26 miles south of the Loop. Matteson is located along the Metra Electric commuter rail line and sits astride Interstate 57 and the Lincoln Highway. Although a largely residential community, the village is the site of several corporate office buildings. There are three airports within 30 minutes of Matteson; O’Hare International Airport, Midway International Airport and Gary International Airport. As Matteson has flourished over the last 50 years, there have been some substantial alterations in its geography. Originally platted on a 40-acre parcel near the intersection of the two rail lines, the village has grown tremendously with the annexation of several housing subdivisions, and it now occupies more than 7 square miles of land. In 2000 there were some 4,712 housing units in the village, nearly two-thirds of them constructed in the last 30 years. Old Matteson, as the community's original center is sometimes called, has some of the feel of a traditional village, especially near Main Street and the railroad. However, most of the village's stores are located along the heavily commercialized Lincoln Highway and in two large shopping centers. In the late 1990s, Matteson officials created a “village commons” with a village hall and a bridge over Interstate 57. Chicago is the most populous city in the state of Illinois, and the third-most populous in the United States, following New York City and Los Angeles. With a population of 2,746,388 in the 2020 census, it is the most populous city in the Midwestern United States. Chicago, the county seat of Cook County, is the center of the Chicago metropolitan area, one of the largest in the world. Chicago is an international hub for finance, culture, commerce, industry, education, technology, telecommunications, and transportation. O'Hare International Airport is routinely ranked among the world's top six busiest airports according to tracked data by the Airports Council International. The region also has the largest number of federal highways and is the nation's railroad hub. The Chicago area has one of the highest gross domestic products (GDP) in the world, generating $689 billion in 2018. The economy of Chicago is diverse, with no single industry employing more than 14% of the workforce. It is home to several Fortune 500 companies, including Abbott Laboratories, AbbVie, Allstate, Archer Daniels Midland, Boeing, Caterpillar, Conagra Brands, Exelon, JLL, Kraft Heinz, McDonald's, Mondelez International, Motorola Solutions, Sears, United Airlines Holdings, US Foods, and Walgreens..

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Highlights

  • Long-Term Commitment to the Site With Over 10 Years Remaining in Term
  • Lease Supports Two, 5-Year Options with Strong 10% Rental Escalations in Each Option
  • High-Quality Block Construction | New Roof With 15-Year Warranty
  • Strong Lease Guarantor And Operator - Heartland Automotive- Jiffy Lube's Largest Franchisee With Over 535 Locations
  • Excellent Visibility with Frontage Along S Cicero Ave With Traffic Counts of Over 18,000 Vehicles Per Day
  • Strong Demos - 165,534 People Within 5 Miles of the Subject Property | Average HH Income Within 1 Mile Exceeds $100,797
  • Matteson, IL is an Affluent Southern Suburb Of Chicago | 3rd Most Populous MSA In The Country According to the 2020 Census

Getting around

  • 44/100

    Walk Score ®

  • 46/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Matteson, IL
  • Neighborhood Matteson
  • Zip Code 60443
  • Market Chicago

Points of Interest

  • 211th Street (Lincoln Highway)

    1.92 miles

  • Matteson

    1.97 miles

  • Olympia Fields

    2.30 miles

  • Richton Park

    2.37 miles

  • Flossmoor

    3.44 miles

  • University Park

    3.87 miles

  • Homewood

    4.71 miles

  • Tinley Park

    4.94 miles

  • Tinley Park-80th Avenue

    5.22 miles

  • Calumet

    5.43 miles

  • Marathon

    0.59 miles

  • Shell

    0.88 miles

  • BP

    1.20 miles

  • Speedway

    1.36 miles

  • BP

    1.42 miles

  • Meijer

    1.58 miles

  • Speedway

    1.64 miles

  • BP

    2.15 miles

  • Marathon

    2.19 miles

  • Mobil

    2.61 miles

  • Matteson Metra Station Lot #1

    1.95 miles

  • Matteson Metra Station Lot #2

    2.06 miles

  • Southland College Prep Parking Lot

    2.21 miles

  • Strip Mall Parking Lot

    4.42 miles

  • Hap Bruno Field

    4.78 miles

  • George W. Dunne National Driving Range

    5.73 miles

  • Petro Truck Stops - Extended Parking

    6.12 miles

  • Pace Homewood Park & Ride

    6.13 miles

  • U-Pull-It Salvage Yard

    6.52 miles

  • Catalina Grove Family Picnic Area

    7.92 miles

  • Culver's

    0.18 miles

  • IHOP

    0.40 miles

  • White Castle

    0.54 miles

  • Panera Bread

    0.54 miles

  • Giordano's Pizzeria

    0.57 miles

  • Panda Express

    0.59 miles

  • Long John Silver's

    0.60 miles

  • Wingstop

    0.61 miles

  • Olive Garden

    0.62 miles

  • Potbelly

    0.64 miles

  • ALDI

    0.16 miles

  • Marshalls

    0.44 miles

  • Ross

    0.46 miles

  • Burlington

    0.51 miles

  • Burlington

    1.06 miles

  • Target

    1.06 miles

  • JCPenney

    1.15 miles

  • Gordon Food Service

    1.15 miles

  • Pete's Fresh Market

    1.22 miles

  • Meijer

    1.58 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Nick Yaldo

Encore Real Estate Investment Services

(248) 970-2648