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:
Dec 09, 2024

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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/Year: $11.00
22330
Space Available: 4223 SF
Lease Type: NNN

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

Price Per Sqft/Year: $9.00

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

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.