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    191St St & Lagrange Rd Mokena, IL 60448

    Sponsored
    For Sale
    Contact for pricing

    Three lots, prime Mokena location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional opportunity presents three commercial development lots for sale in Mokena, Illinois, ranging from 0.86 to 3.76 acres. Located at the southwest quadrant of 191st Street and Lagrange Road in Will County (zip code 60448), this property boasts a highly desirable location with excellent visibility and accessibility. The site benefits from a C3 zoning designation, allowing for a variety of commercial uses. The lots are situated at the first signalized intersection south of the I-80/US Route 45 full interchange, ensuring high traffic counts. US Route 45 sees an average daily traffic (ADT) of 32,100 vehicles, while 191st Street boasts an ADT of 18,800. All utilities are available, and offsite detention is provided. The area features a strong average household income and a thriving community. Nearby co-tenants include established businesses such as Starbucks, Chipotle, Firestone, and many others, creating a robust commercial environment. Full access curb cuts are available along both US Route 45 and 191st Street, providing convenient ingress and egress. This is an ideal opportunity for developers seeking a prime location in a rapidly growing area of Mokena, a suburb of Chicago known for its highly-rated public schools and strong community.

    Property Features for 191St St & Lagrange Rd

    General Information

    Property type
    Land
    Lot Size
    37,462 SF

    HighLights

    • High‑visibility corner lot at the first signalized intersection south of the I‑80/US Route 45 interchange.
    • Excellent visibility, utilities available, and off‑site detention provided.
    • High average household income in the surrounding area.
    • Full access with curb cuts on US Route 45 and 191st Street.
    • C‑3 zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Mokena
    County
    Will
    State
    Illinois
    Longitude
    -87.8507313
    Latitude
    41.5431651

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    FAQs

    What type of property is this?
    Land - Three lots, prime Mokena location.
    Where is this land located?
    The property is located at 191St St & Lagrange Rd Mokena, IL.
    What are key features of this property?
    This property features: High-visibility corner lot at the first signalized intersection south of the I-80/US Route 45 interchange.; Excellent visibility, utilities available, and off-site detention provided.; High average household income in the surrounding area.
    (847) 698-8232
    Request Owner's contact information
    191St St & Lagrange Rd 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
    191St St & Lagrange Rd Mokena, IL 60448
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