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Fully Occupied Strip Center
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9440 W 191st St, Mokena, IL 60448

12-unit strip center with 100% occupancy at the northeast corner of 191st Street and US Route 45.

Property SizeContact for details
Days on Market141

Property Features for 9440 W 191st St

General Information

Standard status Active
Property subtype Retail
Occupancy 100%

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Tenancy Multi
Listing Agency: CBRE - Oak Brook
Listed By: Adam Foret · License #IL 475160621
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 23 at 8:15AM

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 CBRE - Oak Brook

Investment Insights

Based on property information with market context.

Village Park Place is a 12-unit strip center offered for fee simple interest. The property is 100% occupied, with leasing activity since 2020 resulting in more than 50% of the total GLA having signed new leases or lease extensions.

The center is located in the Village of Mokena at the northeast corner of 191st Street and US Route 45 (LaGrange Road). 191st Street runs east-west through the north side of Mokena, with traffic counts near the site exceeding 21,000 vehicles per day. US Route 45 is a major north-south roadway with over 47,900 vehicles passing near the site per day.

Village Park Place is also less than one mile south from a full access interchange with Interstate 80, where traffic is listed at 76,000 vehicles per day, supporting strong regional connectivity for day-to-day customer access.

Key Highlights

  • 12‑unit strip center in Mokena, IL offered as fee simple interest
  • 100% occupied with full leasing coverage reported
  • Over 50% of total GLA has new leases or lease extensions since 2020

Property Analytics

Current Use

HoneyCuts Mokena Barber Shop

Suggested Use

Top Pick Food Market Storage Facility Cafe & Coffee Shop Barber Shop (Bike/Boat/Book/etc) Store Garden Center

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
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

955
Businesses Nearby
143k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 54% Shops & Services 43% Hotels & Casinos 2% Beauty & Spa 1%
Shell Shops & Services
29,771 visits/mo 0.2 miles
White Castle Dining
14,009 visits/mo 0.1 miles
Wendy's Dining
13,385 visits/mo 0.2 miles
BP Shops & Services
13,101 visits/mo 0.2 miles
Chipotle Mexican Grill Dining
11,010 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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Frequently Asked Questions

What type of property is this?
Shopping center - 12-unit strip center with 100% occupancy at the northeast corner of 191st Street and US Route 45.
Where is this shopping center located?
The property is located at 9440 W 191st St Mokena, IL.
What are key features of this property?
This property features: 12‑unit strip center in Mokena, IL offered as fee simple interest; 100% occupied with full leasing coverage reported; Over 50% of total GLA has new leases or lease extensions since 2020
More about this property
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