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    19950 La Grange Rd Mokena, IL 60448

    Sponsored
    For Sale
    $845,000

    High-visibility lot, ideal for business.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional .77-acre commercial land parcel in Mokena, Illinois, presents a unique investment opportunity. Located at 19950 LaGrange Road, this property boasts 124 feet of frontage on a major thoroughfare with a remarkable 32,200 vehicles per day (VPD) traffic count. The lot's dimensions are 124 feet by 271 feet, offering excellent visibility and accessibility. Its strategic position between CVS Pharmacy and Belle Tire ensures high traffic and exposure. The C-2 zoning allows for a variety of commercial uses, making it suitable for a wide range of businesses. The property's convenient location within a thriving community, coupled with its easy access to neighboring towns via a well-connected intersection, makes it an attractive proposition for entrepreneurs and investors alike. The village of Mokena is receptive to development proposals, offering a streamlined process for potential buyers. This is a rare chance to acquire a highly visible and strategically located commercial lot in a rapidly growing area. Don't miss this opportunity to establish your business in a prime Mokena location.

    Property Features for 19950 La Grange Rd

    General Information

    Property type
    Land

    HighLights

    • $845,000 asking price for .77‑acre commercial land parcel.
    • Located at 19950 LaGrange Rd, Mokena, IL 60448, situated between CVS Pharmacy and Belle Tire.
    • High‑visibility location with 124 feet of frontage on LaGrange Road, a major thoroughfare with 32,200 vehicles per day.
    • C‑2 zoning.
    • 124 x 271 foot lot size.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage 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
    -87.850171122284
    Latitude
    41.527509005027

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    FAQs

    What type of property is this?
    Land - High-visibility lot, ideal for business.
    Where is this land located?
    The property is located at 19950 La Grange Rd Mokena, IL.
    What is the asking price?
    The asking price for this property is $845,000.
    What are key features of this property?
    This property features: $845,000 asking price for .77-acre commercial land parcel.; Located at 19950 LaGrange Rd, Mokena, IL 60448, situated between CVS Pharmacy and Belle Tire.; High-visibility location with 124 feet of frontage on LaGrange Road, a major thoroughfare with 32,200 vehicles per day.
    (708) 951-1714
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    19950 La Grange Rd Mokena, IL 60448
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    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
    19950 La Grange Rd Mokena, IL 60448
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