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    9000 191St St Mokena, IL 60448

    For Sale
    $850,000

    2.35 Acres, I-80 Visibility, Ready to Develop

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 2.35-acre commercial land parcel presents a unique development opportunity in the thriving Mokena, Illinois market. Strategically located near the intersection of I-80 and La Grange Road, this site boasts unparalleled visibility and accessibility, ensuring high brand exposure for future tenants. The property is ideally situated within a dense residential area and surrounded by established retail businesses, creating a strong foundation for immediate success. With convenient access to I-80, daily traffic counts reach 15,500 vehicles, providing significant potential for attracting a wide range of businesses. The site is fully prepared for development, featuring crucial infrastructure already in place. This includes Illinois Department of Transportation (IDOT) approved ingress/egress, direct road access, cross-access parking, off-site retention, and readily available utilities such as sewer and water. This turnkey solution eliminates significant upfront development costs and allows for a swift transition to construction. The property's prime location and comprehensive infrastructure make it an exceptional investment for developers and investors seeking a high-return opportunity in a rapidly growing market. Don't miss this chance to secure a highly visible and readily developable commercial property in a prime Will County location. The asking price is $850,000.

    Property Features for 9000 191St St

    General Information

    Property type
    Land
    Lot Size
    102,366 SF

    HighLights

    • $850,000 asking price.
    • 2.35‑acre commercial land parcel.
    • Mokena, IL location near I‑80 and La Grange Road.
    • Ready for immediate development with utilities, access, and parking.
    • High visibility site on a growing business corridor with 15,500 daily traffic counts.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Mokena
    County
    Will
    State
    Illinois
    Longitude
    -87.835926
    Latitude
    41.54386

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    FAQs

    What type of property is this?
    Land - 2.35 Acres, I-80 Visibility, Ready to Develop
    Where is this land located?
    The property is located at 9000 191St St Mokena, IL.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: $850,000 asking price.; 2.35-acre commercial land parcel.; Mokena, IL location near I-80 and La Grange Road.
    (630) 590-5910
    Request Owner's contact information
    9000 191St St Mokena, IL 60448
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    Realmo Value Estimation

    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.

    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.

    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
    9000 191St St Mokena, IL 60448
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