Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    11225 Front Street unit 3 Mokena, IL 60448

    View on Map
    Picture of Office Units at 11225 Front Street unit 3, Mokena, IL
    For Lease
    Contact for pricing

    COMMERCIAL - Mokena, IL

    Type:Office
    Added:
    Dec 3, 2025
    Days on Market:
    119
    Last Refresh:
    Apr 1 at 1:06 am

    Property Features for 11225 Front Street unit 3

    General Information

    Property type
    Commercial Lease
    Property subtype
    Office
    Zoning
    COMMR
    Standard status
    Active

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1976
    Floors in Building
    1
    Number of units
    24

    We can help!

    Listing Contact
    Michael Glenn

    Listing agent Michael Glenn License #475154621

    Listing office Village Realty, Inc. 20950 S. Frankfort Sq Rd # C, Frankfort, IL

    Listing date Dec 3, 2025

    MLS# 12527249

    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.

    Overview

    Rehabbed Office Space Available

    Newly rehabbed office space is available in Downtown Mokena. The office space is flexible and suitable for various business needs. Unit 3 offers 117 square feet of space. The monthly rent is $350 and includes all utilities and business-class Comcast internet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Schroeder Floor Covering General Contractor Christensen and Sons, LLC Counselor Mokena Video (Bike/Boat/Book/etc) Store Ian McPartlin - State ... Insurance Agency Megan Maiero PLLC Crisis Center

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mokena
    County
    Will
    State
    Illinois
    Longitude
    -87.8907202
    Latitude
    41.5295404

    Nearby Similar for Lease

    • Contact for pricing

      Mokena Office Space Available

      Move-in ready office space in high-traffic Mokena location.
      9405 Bormet Drive unit: 10, Mokena, IL 60448
      View Details
    • Contact for pricing

      Updated Office Space in Mokena

      Well-maintained office building with updated atrium and functional layout.
      18927 Hickory Creek Drive unit: 140, Mokena, IL 60448
      View Details
    • Contact for pricing

      Office Space in Mokena, IL

      Commercial office space available for rent in Mokena, Illinois.
      19027 S Jodi Road unit: H-1D, Mokena, IL 60448
      View Details
    • Contact for pricing

      Mokena Warehouse Unit For Lease

      3400 sqft warehouse unit with offices and conference room.
      18781 S 90th Avenue unit: A, Mokena, IL 60448
      View Details
    • Contact for pricing

      Rehabbed Office Space Available

      Newly renovated office space in downtown Mokena for rent.
      11225 Front Street unit: 2, Mokena, IL 60448
      View Details
    • Contact for pricing

      Rehabbed Office Space Available

      Newly renovated office space in Downtown Mokena for rent.
      11225 Front Street unit: 25, Mokena, IL 60448
      View Details
    • Contact for pricing

      Rehabbed Office Space Available

      Newly rehabbed office space in Downtown Mokena available for rent.
      11225 Front Street unit: 11, Mokena, IL 60448
      View Details
    • Contact for pricing

      Rehabbed Office Space Available

      Newly renovated office space for rent in Downtown Mokena.
      11225 Front Street unit: 10, Mokena, IL 60448
      View Details
    • $20/mo

      Class A Office Building

      Three-story office building near I-80 and commuter train.
      19065 S Hickory Creek Drive unit: 340, Mokena, IL 60448
      View Details
    • Contact for pricing

      Mokena Medical Office Space Available

      15,434 SF medical office space for rent in Mokena, IL.
      10260 West 191st Street, Mokena, IL 60448
      View Details
    • Contact for pricing

      Rehabbed Office Space Available

      Newly rehabbed office space in Downtown Mokena for rent.
      11225 Front Street unit: 1, Mokena, IL 60448
      View Details
    • Contact for pricing

      Class A Office Building

      Three-story office building near I-80 and commuter train.
      19065 S Hickory Creek Drive unit: 100, Mokena, IL 60448
      View Details

    FAQs

    What type of property is this?
    Office units - Newly renovated office space for rent in Downtown Mokena.
    Where is this office units located?
    The property is located at 11225 Front Street unit 3 Mokena, IL.
    What are key features of this property?
    This property features: Newly rehabbed office space.; Rent includes all utilities and business‑class Comcast internet.; Flexible office space suitable for any type of business.
    (708) 478-1212
    We can help!
    Listing Contact
    Michael Glenn
    Real Estate License ID: 475154621
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!