Matanky Realty Group

For Sale: Three Development Opportunities Near the University of Illinois Urbana-Champaign

These strategically located properties offer exceptional development potential near the University of Illinois Urbana-Champaign campus and downtown Champaign, benefiting from year-round activity generated by students, faculty, residents, and visitors.

Supported by a population of more than 146,000 residents within a five-mile radius, the sites are well-positioned for retail, mixed-use, and redevelopment opportunities.

Located within an established commercial corridor, the properties are surrounded by strong co-tenancy, including Walgreens, Jimmy John’s, Chase, Circle K, Country Market, and OSF Healthcare. Convenient access to the nearby Amtrak station further enhances connectivity and consumer traffic.

Interested? Contact Troy Bates at 312-337-1001 or [email protected] to learn more.

We're proud to spotlight Rainbow Shops, a longtime retailer at Chicago Kedzie Plaza in Chicago's Humboldt Park neighborhood.

Since 1935, Rainbow has offered shoppers trendy, budget-friendly apparel, shoes, and accessories. With more than 800 locations nationwide and new styles arriving daily, Rainbow remains a go-to destination for affordable fashion.

Located at fully leased Chicago Kedzie Plaza, Rainbow is part of a strong tenant mix that includes ALDI, Burlington, Five Below, and the upcoming Midwest Express Clinic, making the center a convenient one-stop shopping destination for the community.

Stop by Chicago Kedzie Plaza today and see what's new at Rainbow!

If your property could benefit from third-party management or other commercial real estate services, contact us at [email protected].

We're excited to announce another completed lease with the U.S. Army & Navy Recruiting Center at Marshfield Plaza in Chicago, Illinois!

Congratulations to Gregory Blade for completing a 3,448 SF lease transaction at the highly visible shopping center. The recruiting office will join a 98% leased retail destination located near the busy I-57 and 119th Street interchange, benefiting from excellent accessibility, ample parking, and exposure to strong daily traffic.

Marshfield Plaza is home to a strong mix of national retailers, including Chili’s, Old Navy, Wingstop, and Panda Express. It serves a dense South Side population that drives consistent consumer activity.

We are proud to welcome the U.S. Army & Navy Recruiting Center to the plaza and look forward to the positive impact they will have on the surrounding community.

For Sale: Fully Operational Restaurant in a Premier Naperville Location

This move-in-ready restaurant opportunity is located in one of Chicagoland’s most desirable suburban markets. The fully equipped space allows operators to open quickly while benefiting from reduced startup costs and an established retail corridor.

Surrounded by national retailers including Buffalo Wild Wings, McDonald’s, and Starbucks, the property enjoys strong visibility, steady traffic, and a built-in customer base.

The location is further supported by exceptional demographics, with average household incomes exceeding $199,000 within one mile and more than 256,000 residents within a five-mile radius, driving consistent consumer activity throughout the trade area.

Interested? Contact Terri Cox at 312-337-1001 or [email protected] to learn more.

Matanky Realty Group is actively seeking to acquire open-air shopping centers throughout Chicagoland and the Midwest.

Led by Yitzi Matanky, our acquisitions team is looking to expand our portfolio with neighborhood shopping centers ranging from 60,000 to 200,000 SF and 70%+ occupancy.

Preferred opportunities include:
• Value-add or repositioning potential
• Retail-focused centers
• Local ownership
• Strong neighborhood and community-oriented assets

If you have a potential opportunity or would like to discuss a property, please get in touch with Yitzi Matanky at 312-337-1001 or [email protected].

For Lease: Prime Endcap Space in an Established Retail Corridor

A 1,010 SF endcap suite is now available at 61st & Ashland, a dense, transit-accessible South Side retail corridor. Located near the CTA Green Line and #9 Ashland bus route, this space benefits from strong vehicle and pedestrian traffic, making it ideal for retail, service, and neighborhood-oriented businesses.

Surrounded by national retailers including Family Dollar, Subway, Dunkin’, and McDonald’s, the property is situated within a proven retail destination that attracts consistent consumer traffic and offers excellent visibility.

Interested? Contact Gregory Blade at 312-337-1001 or [email protected] to learn more.

Today, we’re highlighting J&M Legacy Learning, the newest addition to the vibrant Olympia Plaza.

J&M Legacy joins a grocery-anchored shopping center that benefits from exposure to 40,000+ vehicles per day, ample parking, turnkey retail suites, and a strong mix of local and national tenants, including Country Squire Foods, DTLR, Rainbow, Little Caesars, and Breaking Point, a recently opened rage room experience.

Founded by Devin Williams, a certified elementary education teacher with more than 14 years of experience, J&M Legacy Learning is a K-9 academic support center dedicated to building confidence, strengthening foundational skills, and helping students reach their full potential. Services include targeted reading and math support, small-group instruction, and structured academic programs designed to support student success.

We encourage families to schedule a consultation and learn how Devin and her team can help provide the academic support their children need.

If your property could benefit from management or other commercial real estate services, contact our team at 312-337-1001 or [email protected].

Since the Bishop Plaza transaction was announced last month, the deal has continued to make headlines across Chicago media outlets.

The recent sale of Bishop Plaza, a 76,075 SF retail and medical shopping center in Chicago’s Back of the Yards neighborhood, marked the property's first ownership change in more than 30 years. Media outlets, including WGN9 and citybiz, have highlighted the significance of the transaction, reinforcing the continued demand for stabilized, income-producing retail assets in Chicago.

We’re proud to have been part of this milestone transaction and grateful to everyone who helped bring it across the finish line.

For Lease: Final Food Court Opportunity at Grand Blvd Plaza

Don't miss the last available food court unit at Grand Blvd Plaza in Chicago.

Located just off the I-90/94 interchange, this shopping center benefits from exposure to more than 225,000 vehicles per day, signage opportunities, and strong co-tenancy, including Pizza Hut, Foot Locker, Family Dollar, DTLR, and a Tesla Supercharging station coming soon.

The available 1,200 SF former restaurant space offers ample parking and convenient access to multiple CTA bus routes and the CTA Red Line. Surrounded by a diverse mix of retailers and dining options, Grand Blvd Plaza provides an ideal environment for restaurant operators looking to grow their business in a high-traffic location.

Interested? Contact Terri Cox or Anthony Ortiz at 312-337-1001 to learn more.

We’re excited to announce a newly completed lease with Dream’s Pizza at Hazel Crest Center in Hazel Crest, Illinois!

Congratulations to Gregory Blade for completing the 3,625 SF lease transaction at our grocery-anchored shopping center. Dream’s Pizza brings an experienced restaurant operator in Mickey Banks, who has built a loyal customer base through his successful Calumet Park location.

Now expanding into Hazel Crest, Dream’s Pizza is poised to serve shoppers, residents, and visitors with its popular Chicago-style pizza while becoming a valuable addition to the center’s strong tenant mix. The anticipated opening date will be announced soon.

This lease brings Hazel Crest Center to more than 93% occupied, reflecting the property’s continued momentum and strong demand from retailers in the marketplace.

We wish Dream’s Pizza continued success and look forward to seeing them thrive in their new location!