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Five-Unit Retail Strip Center
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9710-9724 West 191st Street, Mokena, IL 60448

Fully occupied multi-tenant retail property with professional management and frontage along West 191st Street.

Property SizeContact for details
Days on Market142

Property Features for 9710-9724 West 191st Street

General Information

Standard status Active
Property subtype Office, Retail
Occupancy 100%

Additional Details

Cap Rate 6.94%
Highway Access Yes

Building Details

Tenancy Multi
Listing Agency: Village Realty
Listed By: Jessica Gilbert · License #IL 475.208922
Source: Crexi
Added: Apr 13 Changed: Aug 31 Last Checked: Aug 30 at 4:58PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Village Realty

Investment Insights

Based on property information with market context.

This fully occupied retail center contains five tenant spaces within a professionally managed strip mall at 9710-9724 West 191st Street. The property is well maintained and includes tenants identified as Lucky Bird, Windy City Taverns, LLC, Woodstreet Cabinets, Mike Galderio and Joe Nicolazzi, and Clarity Clinic, LLC. The center carries a 6.94 cap rate.

Positioned just off I-80 and LaGrange Road, the property has frontage along West 191st Street and access to major thoroughfares. Nearby businesses include Mindy’s Ribs, Holiday Inn, and a Shell gas station. The offering is also part of a larger portfolio containing two neighboring strip malls, another strip mall approximately 10 minutes away, and two buildable lots; the other properties are stated to have cap rates above 7.

Key Highlights

  • Five tenant spaces in a fully occupied retail strip center
  • 6.94 cap rate
  • Frontage along West 191st Street in Mokena, IL

Property Analytics

Current Use

Strip malls

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Storage Facility Cafe & Coffee Shop Grocery & Convenience Store Barber Shop Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

995
Businesses Nearby
143k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 54% Shops & Services 43% Hotels & Casinos 2% Beauty & Spa 1%
Shell Shops & Services
29,771 visits/mo 0.2 miles
White Castle Dining
14,009 visits/mo 0.3 miles
Wendy's Dining
13,385 visits/mo 0.3 miles
BP Shops & Services
13,101 visits/mo 0.2 miles
Chipotle Mexican Grill Dining
11,010 visits/mo 0.2 miles

Demographics for 60448, IL

25,512
Population
9,196
Households
2.8
Avg Household Size
43
Median Age
43%
College-Educated
98%
High-School Grad
18.3 sq mi
ZIP Area
1,394
Density / Sq Mi
$126,483
Median Household Income
$56,490
Median Earnings
$1,400
Median Rent
$369,700
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Strip mall - Fully occupied multi-tenant retail property with professional management and frontage along West 191st Street.
Where is this strip mall located?
The property is located at 9710-9724 West 191st Street Mokena, IL.
What are key features of this property?
This property features: Five tenant spaces in a fully occupied retail strip center; 6.94 cap rate; Frontage along West 191st Street in Mokena, IL
(336) 926-9200 Call to check price and availability
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