Commercial Flex
New
For Sale
$349,000
26015 S Oak Road, Monee, IL 60449
Business Opportunity, Monee, IL
Property Size7,200 SF
Lot Size0.26 Acres
Price / SF$48.47
Days on Market5
Property Features for 26015 S Oak Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
COMMR
Directions
Rt. 50 to Main St. east to Oak Rd. south to address.
Subdivision
Monee / Unicorporated Monee
Standard status
Active
APN
2114213301100000
Lot size
0.26 Acres
Additional Details
Real Estate Included
Yes
Automotive Uses
auto repair, collision/body shop
Property Use
Storage
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
4314
Utilities
Utilities
Natural Gas Available
Building Details
Floors in Building
1
Building materials
Brick, Block
Buildings
1
Listing Agency:
Century 21 Harthside Realtors
Listed By:
Lenny Feil · License #471005412
(708) 371-1910
Added: Nov 2
Last Checked: Nov 6 at 1:06PM
MLS# 12799498
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.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This flex property contains approximately 7200 square feet of commercial space on a 0.2571-acre parcel. Brick and block are the building materials, and natural gas is available. The property has been used for storage over the past 40 years.
Key Highlights
- Approximately 7200 square feet of commercial space
- 0.2571‑acre parcel
- Brick and block construction
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,994
Cap Rate
8.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$619,880
$619.9K
Cap Rate 7%
$442,771
$442.8K
Cap Rate 9%
$344,378
$344.4K
Market Conditions
NOI Build-Up for 7,200 SF
Gross rent
$46.7K $6.48/SF
− Vacancy
−$2.4K −$0.33/SF
EGI
$44.3K $6.15/SF
− OpEx
−$13.3K −$1.84/SF
NOI
$31.0K $4.30/SF
Area
Will County, IL
Vacancy
5.10%
Lease Rate
$6.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$619,880
Cap Rate 7%
$442,771
Cap Rate 9%
$344,378
Alternative Uses
Best Use
Retail
$972.0K
$850.5K – $1.13M
NOI $68,040 @ 7.0% cap · market cap 19.50%
Second Best
Flex RnD
$484.0K
$423.5K – $564.6K
NOI $33,878 @ 7.0% cap · market cap 9.71%
Theoretical Best
Office A
$1.63M
$1.43M – $1.91M
NOI $114,307 @ 7.0% cap · market cap 32.75%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
257
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 60449, IL
8,961
Population
3,752
Households
2.4
Avg Household Size
45
Median Age
31%
College-Educated
92%
High-School Grad
49.2 sq mi
ZIP Area
182
Density / Sq Mi
$101,563
Median Household Income
$60,924
Median Earnings
$269,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Properties on Market for Flex space in Will County
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Flex space - The property is zoned COMMR and includes natural gas availability.
Where is this flex space located?
The property is located at 26015 S Oak Road Monee, IL.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: Approximately 7200 square feet of commercial space; 0.2571‑acre parcel; Brick and block construction
