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11-Unit Retail Shopping Center
For Sale
Contact for pricing
Pending

11212 - 11244 W Lincoln Highway, Mokena, IL 60448

Fully leased retail center with established service and food tenants near a signalized intersection.

Property SizeContact for details
Days on Market140

Property Features for 11212 - 11244 W Lincoln Highway

General Information

Standard status Pending
Property subtype Retail, Office
Occupancy 100%

Additional Details

Cap Rate 6.83%

Building Details

Tenancy Multi
Listing Agency: Village Realty
Listed By: Jessica Gilbert · License #IL 475.208922
Source: Crexi
Added: Apr 13 Changed: Aug 29 Last Checked: Aug 29 at 4:20PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Village Realty

Investment Insights

Based on property information with market context.

Mokena Corners is an 11-unit retail center with all suites leased and reported occupancy of 100%. The tenant roster includes Dunkin' Donuts, Bite of Mexico, Illinois Bone & Joint, Zuki, Jets Pizza, Totally Tobacco, Great Clips, Subway, AT&T, Ace and Vine VI, Inc., and Lincoln Family Dental, providing a mix of food, retail, medical, and personal-service uses.

The center is located at 11212 - 11244 W Lincoln Highway in Mokena, near the signalized Lincoln Highway and Wolf Road intersection. Traffic counts are reported at nearing 40,000 VPD. The property carries an in-place cap rate of 6.83 and is offered as part of a larger portfolio that also includes three commercial properties and two buildable lots within 10 minutes of one another.

Key Highlights

  • 11‑unit retail center at 11212 - 11244 W Lincoln Highway
  • 100% occupied with all suites leased
  • Tenant roster includes Dunkin' Donuts, Subway, AT&T, Great Clips, and Lincoln Family Dental

Property Analytics

Current Use

Baskin-Robbins Grocery & Convenience Store Dunkin' Bakery

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Restaurant HVAC Service Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

369
Businesses Nearby
349k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Groceries 26% Shops & Services 26% Dining 22% Apparel 22%
Meijer Groceries
64,040 visits/mo 0.4 miles
Kohl's Apparel
47,409 visits/mo 0.4 miles
Binny's Beverage Depot Groceries
28,226 visits/mo 0.2 miles
JCPenney Apparel
26,073 visits/mo 0.3 miles
Dollar Tree Shops & Services
20,250 visits/mo 0.2 miles

Demographics for 60448, IL

25,512
Population
9,196
Households
2.8
Avg Household Size
43
Median Age
43%
College-Educated
98%
High-School Grad
18.3 sq mi
ZIP Area
1,394
Density / Sq Mi
$126,483
Median Household Income
$56,490
Median Earnings
$1,400
Median Rent
$369,700
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Similar Off Market Nearby

  • Mokena Marketplace W Lincoln Hwy, Mokena, IL 60448

Frequently Asked Questions

What type of property is this?
Shopping center - Fully leased retail center with established service and food tenants near a signalized intersection.
Where is this shopping center located?
The property is located at 11212 - 11244 W Lincoln Highway Mokena, IL.
What are key features of this property?
This property features: 11‑unit retail center at 11212 - 11244 W Lincoln Highway; 100% occupied with all suites leased; Tenant roster includes Dunkin' Donuts, Subway, AT&T, Great Clips, and Lincoln Family Dental
(336) 926-9200 Call to check price and availability
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