22300 - 22480 Governor's Highway, Richton Park, IL 60471

22300 Governors Hwy Richton Park, IL 60471

22300 Governors Hwy, Richton Park, IL, 60471
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FOR LEASE
Property Type:
Neighborhood Center
Amount:
Please Call Broker for Price

Last Verified:
Apr 29, 2024

Highlights

  • Newly Renovated Façade
  • Huge Anchor Space Available
  • Significant frontage along Governors Hwy.
  • Signalized Intersection of Sauk Trail & Governors Hwy.
  • 698 Parking Spaces (6.15 spaces per 1,000 sq ft)
  • Traffic counts over 49K along Governors Hwy.
  • Located just south of the Lincoln Mall

Description

Explore leasing opportunities at Governors Plaza, Richton Park, Illinois. Newly renovated with a sizable anchor space available, this community-oriented shopping center boasts prime frontage along Governors Highway. Join esteemed tenants like the United States Postal Service, Dollar General, and Laundry World. Conveniently located at a stoplight-controlled intersection, enjoy competitive rental rates, ample parking, and a robust daily traffic count exceeding 49,000 vehicles. Positioned just south of the Lincoln Mall, this plaza offers a revitalized environment for businesses to thrive.

Discover Richton Park, Illinois, a vibrant southern suburb of Chicago in Cook County. With a population of 12,775 (2020 census), the village spans 4.40 square miles, bordered by Matteson, Park Forest, and University Park. Education is a priority, featuring schools like Richton Square and Sauk Elementary. The Richton Park station offers convenient Metra service, connecting residents to Chicago and beyond.


Year Built: 1974
Building Size: 128676sq ft
Lot Size: 11.91 acres


Documents

Richton Park Brochure.pdf

Units for Lease

22344
Space Available: 3226 SF
Lease Type: NNN

Price Per Sqft/Month: $11.00
22330
Space Available: 4223 SF
Lease Type: NNN

Price Per Sqft/Month: $12.00
22320
Space Available: 18362 SF
Lease Type: NNN

Price Per Sqft/Month: $9.00

Map of 22300 Governors Hwy, Richton Park, IL, 60471

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.