JAMES E. MATANKY
CEO
MATANKY REALTY GROUP
P: 312-337-1001
E: JMATANKY@MATANKY.COM
TERRI COX
SENIOR VP OF SALES
MATANKY REALTY GROUP
P: 312-337-1001
E: TCOX@MATANKY.COM
DISCLAIMER
This Offering Memorandum (the “Memorandum”) has been prepared by Matanky Realty Group (“Broker”) on behalf of the seller solely to provide preliminary information and is not intended to contain all the data required to evaluate a purchase. The information herein has been obtained from sources Broker believes to be reliable; however, its accuracy, completeness, and adequacy have not been independently verified, and no warranty or representation, express or implied, is made as to its accuracy or completeness. The Memorandum is subject to errors, omissions, prior sale, withdrawal from the market, or change without notice. Nothing contained herein should be construed as a promise, recommendation, or representation regarding the past, present, or future performance of the property. Recipients must conduct their own investigations, projections, and analyses and should consult qualified legal, tax, environmental, and other advisors— including but not limited to ADA compliance reviews and environmental assessments—before making any investment decision. By accepting this Memorandum, the recipient agrees that neither Broker nor its employees or agents shall be liable for the use of the information or for any inaccuracies or omissions. This Memorandum is the sole property of Broker and is furnished on the condition that it shall be used only by the party to whom it is delivered for the purpose of evaluating the proposed transaction. It may not be copied, reproduced, distributed, or disclosed to any other person without Broker’s prior written consent and must be returned to Broker upon request. No broker, finder, or other party is entitled to any commission or fee in connection with the sale of the property unless such entitlement is covered by a separate, written agreement with Broker. All rights reserved. Unauthorized use or disclosure of this Memorandum may result in liability for damages.
HAZEL CREST CENTER
PROPERTY HIGHLIGHTS
• 96% leased grocery anchored, 83,900 sf neighborhood shopping center with diverse tenant mix situated on 8.79 acres
• anchored by teddy’s market, the community’s only full-service grocer
• strong daily-needs tenants including family dollar, usps, state farm, flavor brunch, emporium liquors, and more
• 24 tenants supported by 330 parking spaces in a building renovated in 2025 with updated façade, new paint, and capital improvements
• located at the signalized intersection of 175th st & kedzie ave in hazel crest, within a dense trade area of over 205,000 residents within 5 miles
PROPERTY SUMMARY
HAZEL CREST CENTER
THE OPPORTUNITY
Hazel Crest Center offers investors the chance to acquire an 83,900 SF grocery-anchored shopping center at 175th Street and Kedzie Avenue in southern Cook County. Anchored by Teddy’s Market, the community’s only full-service grocer, the property is supported by a durable mix of daily-needs and service tenants including Family Dollar, USPS, Flavor Brunch, State Farm, and Boost Mobile.
The center is 96% leased, reflecting strong leasing velocity and tenant stability. Its efficient retail boxes, e-commerce resistant roster, and essential services create consistent cash flow and reliable traffic, supported by over 205,000 residents within five miles and 36,000 vehicles per day.
Situated in a dense trade area with limited new retail supply, Hazel Crest Center represents a high-barrier-toentry investment with stable income and long-term growth. Regional developments such as Amazon’s 855,000 SF fulfillment center and the Wind Creek Casino & Hotel further strengthen the Hazel Crest retail corridor.
TENANTS
# SF TENANT
FINANCIAL OVERVIEW
Suite Tenant Square Feet
TENANT PROFILES
Family Dollar is a U.S-based discount retail chain founded in 1959 by Leon Levine in Charlotte, North Carolina. The company operates neighborhood stores that provide low-cost household essentials, groceries, cleaning supplies, and seasonal merchandise. In 2015, Family Dollar was acquired by Dollar Tree, Inc., and in 2025 it transitioned to a standalone company under private ownership by Brigade Capital Management, Macellum Capital Management, and Arkhouse Management. The company remains headquartered in Chesapeake, Virginia, and serves communities across the continental United States. Family Dollar is privately held and continues to focus on value-driven retailing for cost-conscious consumers.
Teddy's Meat & Fruit Market, is a traditional meat market with a full service meat counter. Teddy's Fruit & Meat Market makes sure that your shopping experience is like no other. You can simply pick up one of their prepackaged cuts or one of their butchers can assist you with your special needs. Teddy's Fruit & Meat Markets fresh produce is carefully picked for freshness and taste with an emphasis on fruits and vegetables at the pick of their season. Teddy's Fruit & Meat Markets deli is well stocked with cold cuts and their homemade salads are always fresh.
15 Years of experience national tenant
1,000+ Petco Stores 70+ locations
State Farm® is committed to helping people manage the risks of everyday life, recover from the unexpected, and realize their dreams. With a vision to remain the customer’s first and best choice, the company continues to lead the insurance industry while expanding into financial services. Guided by integrity, quality service, strong relationships, and financial strength, State Farm is built on shared values and a promise to act like a good neighbor. Its success stems from delivering on promises through trusted partnerships and bringing diverse talents and experiences to meet the evolving needs of its customers.
43 years of experience largest salon brand in america
4,400+ salons over 700 franchisees
Boost Mobile differentiates itself by delivering on the promise of true nationwide 5G, built intentionally to support modern mobile experiences. Customers enjoy seamless video calling, effortless media sharing, and reliable GPS navigation. The brand’s messaging is playful and confident, emphasizing freedom and fun. Boost positions itself as a trustworthy and innovative carrier that delivers what others only promise, with a tone that reflects its bold and customer-first approach. Whatever makes the monkey dance, Boost makes it happen.
The United States Postal Service, an independent federal agency headquartered in Washington, DC, reaches every one of the nation’s 169 million delivery points through roughly 33,780 post offices and a workforce of more than 630,000, generating about $79.5 billion in operating revenue for fiscal 2024. The organization is modernizing with initiatives such as its Label Broker program, which lets customers print prepaid shipping labels in store, further reinforcing USPS’s unmatched last-mile delivery infrastructure.
$79.5 billion in revenue national tenant
630,000+ employees 33,904 locations
Flavor Brunch is excited to debut its newest concept in Hazel Crest, building on the 13-year success of Flavor Restaurant in Chicago. Offering a fresh take on breakfast and lunch favorites, the brand is known for “The Flavor Experience,” featured on Chicago Tonight, 190 North, Check Please, Windy City Live, and Chicago’s Best. With its blend of consistency, hospitality, and modern comfort food, Flavor Brunch enhances Hazel Crest Center’s food-and-beverage mix and strengthens its role as a community destination.
relocated to lakeview in 2016 full-service tabacco & vape shop founded in 2008 local favorite
Metro by T-Mobile was founded in 1994 and today operates more than 6,300 retail locations across the United States. As a prepaid wireless brand powered by T-Mobile’s nationwide 5G network, Metro offers flexible no-contract plans with reliable coverage and affordable pricing. The company continues to expand its footprint, making it a strong and growing presence in the wireless industry. At Hazel Crest Center, Metro by T-Mobile provides essential connectivity and enhances the tenant mix by serving the everyday needs of the surrounding community.
LOCATION OVERVIEW
CHICAGO, IL
HAZEL CREST
Chicago anchors a metro of 9.46 million residents and has ranked first in U.S. corporate relocations for twelve consecutive years. The region supports more than 255,000 businesses, including over 30 Fortune 500 headquarters and 1.2 million small businesses, and boasts the nation’s largest industrial inventory at 1.2 billion SF. This scale drives a $1.1 trillion regional economy, the third largest in the country, with employment averaging 4.76 million in 2024, its highest level in decades, and population growth of more than 70,000 in the past year.
Hazel Crest Center is positioned 22 miles south of downtown Chicago at the signalized intersection of 175th Street and Kedzie Avenue, which sees over 36,000 VPD. The property offers direct access to I-80, I-57, and I-294, with Midway Airport just 20 miles away and O’Hare 40 miles north. The surrounding Southland is undergoing significant reinvestment, highlighted by Amazon’s new 855,000 SF fulfillment center in Markham employing 3,000 people and the four-diamond Wind Creek Casino & Hotel, which opened in 2023 with 800 permanent jobs and major dining and hospitality draws.
Hazel Crest itself is a stable, family-oriented community supported by key employers in education, healthcare, and government. Advocate South Suburban Hospital, located one mile from the property, recently completed a $98 million expansion and modernization. Within a five-mile radius, the trade area is home to more than 205,000 residents with average household incomes above $83,000, supported by direct bus and commuter rail service. Ongoing infrastructure investment, municipal support through TIF programs, and a strong roster of local and regional employers position Hazel Crest Center for long-term stability and value appreciation.
EST POPULATION (5 MILES)
DAYTIME POPULATION (5 MILES) HOUSEHOLDS (5 MILES)
RETAILERS
NEARBY