8133 189Th St Mokena, IL 60448

This fee-simple industrial warehouse, totaling 16,190 square feet, is situated on a 0.85-acre lot in Mokena, Illinois (zip code 60448). Built in 1989, this Class C property boasts a 16-foot ceiling height, two loading docks, and two dock-high doors. The property currently enjoys 100% occupancy with a net operating income (NOI) of $154,643, yielding a 7.73% cap rate (pro-forma NOI of $158,139 and a pro-forma cap rate of 7.91%). The asking price is $2,000,000, translating to $123.53 per square foot. Zoned I-1, this single-tenant warehouse offers approximately 13,000 square feet of outdoor storage space and 17 parking spaces. The property is conveniently located near Interstate 80 and Interstate 57, providing easy access to major transportation routes. The current tenant's lease expires in May 2025, presenting an owner-user opportunity or a lease-up potential in a high-income area with a low tax burden. A new roof was installed in 2022. The property features three-phase power.