Mokena Retail Building
11120 Front Street Mokena, IL 60448
11120 Front Street, Mokena, IL, 60448
$1,100,000
For Sale
$1,100,000
COMMERCIAL - Mokena, IL
Property Size4,368 SF
Lot Size0.28 Acres
Price / SF$251.83
Days on Market337
Property Features for 11120 Front Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Retail
- Zoning
- COMMR
- Standard status
- Active
- APN
- 1909083090180000
- Size
- 4,368 SF
- Lot size
- 0.28 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 15839
Utilities
- Utilities
- Natural Gas Available
- Cooling system
- Central Air
Building Details
- Year built
- 1950
- Floors in Building
- 1
- Building materials
- Brick, Block
- Roof type
- Rubber
Listing agency
Village Realty, Inc.
(708) 478-1212
Listed by
Steven Loerop · License #475128554
(708) 478-1212
Added: Aug 19, 2025 Updated: May 13 at 10:32PM Checked: Jul 21 at 7:06PM
MLS# 12442901
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This is a 4,368 square foot, single-story, free-standing retail building situated on a 12,000 square foot lot. The property is located in the Mokena TIF district, along a commercial thoroughfare adjacent to the Rock Island District train tracks and across the street from the Mokena Metra Station. The area features a mix of restaurants, service retail, retail, light industrial, and office spaces. The building offers a unique ambience with a 21-foot barreled ceiling and exposed beams, complemented by a large outdoor patio space. The property is a clean slate ready to be built out to fit specific needs. It includes 600 Amp electrical service. The roof was replaced 5-7 years ago. The brick parapet on the front of the building was recently rebuilt, and all lintels were replaced on the South, East, and West sides. The 342 square foot basement has been professionally waterproofed.
Key Highlights
- Prime location across from the Mokena Metra Station, offering high visibility and accessibility.
- Large 4,368 sq ft single‑story building on a 12,000 sq ft lot, providing ample space and flexibility.
- Unique architectural features including a 21' barreled ceiling with exposed beams and a large outdoor patio space.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $65.5k | $15.00 |
| − Vacancy | −$6.6k | −$1.50 |
| EGI | $59.0k | $13.50 |
| − OpEx | −$17.7k | −$4.05 |
| NOI | $41.3k | $9.45 |
4,368 SF · lease $15.00/SF/yr · vacancy 10.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$589.7K
$516.0K – $688.0K
NOI $41,278 @ 7.0% cap · market cap 3.75%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$990.7K
$866.8K – $1.16M
NOI $69,346 @ 7.0% cap · market cap 6.30%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Tribes Brewing
Bar & Pub
Dave's Auto Sales ...
Car Dealership
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Free-standing retail building near Metra station in Mokena, Illinois.
Where is this retail space located?
The property is located at 11120 Front Street Mokena, IL.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Prime location across from the Mokena Metra Station, offering high visibility and accessibility.; Large 4,368 sq ft single‑story building on a 12,000 sq ft lot, providing ample space and flexibility.; Unique architectural features including a **21' barreled ceiling with exposed beams and a large outdoor patio space.**
