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    Property profile & analytics

    88Th St - Mokena, IL 60448

    • Land
    • 3.04 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 88Th St -

    Lot size
    3.04 lot acres
    Property type
    Land
    Property subtype
    Industrial properties

    Description

    This exceptional 3.037-acre industrial land parcel, located at 88th Avenue & 187th Street - Lot 9 in Mokena, Illinois (zip code 60448), presents a compelling investment opportunity. Priced at $793,750, this property boasts a land value of $6 per square foot. The site is zoned for industrial use and benefits from existing infrastructure, including water, sewer, electric, and natural gas services, along with off-site detention. Enjoy convenient access to major interchanges at LaGrange Road and Harlem Avenue, providing excellent connectivity. The property offers strong visibility from I-80, enhancing its appeal. Low Will County taxes further contribute to the property's attractiveness. This is an ideal location for businesses seeking a strategic presence in a thriving industrial area with a skilled labor pool and the added benefit of sales tax incentives. The property is part of a larger development offering sites ranging from 2.3 to 17.3 acres, available for sale or build-to-suit options.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Mokena
    County
    Will
    State
    Illinois
    Longitude
    -87.8315
    Latitude
    41.5506

    Comparable in this City

    • Value Estimation by Request
      2.34 Acres

      88Th St -

      Land • 2.34 Acres
      88Th St -, Mokena, IL 60448
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    • Value Estimation by Request
      7.30 Acres

      88Th St -

      Land • 7.30 Acres
      88Th St -, Mokena, IL 60448
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    • Value Estimation by Request
      4.37 Acres

      88Th St -

      Land • 4.37 Acres
      88Th St -, Mokena, IL 60448
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    • Value Estimation by Request
      14.32 Acres

      19300 La Grange Rd

      Land • 14.32 Acres
      19300 La Grange Rd, Mokena, IL 60448
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    • Value Estimation by Request
      17.81 Acres

      191St St

      Distribution properties • 153,000 SF
      0 191St St, Mokena, IL 60448
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    • Value Estimation by Request
      1.47 Acres

      Clearvue Ct

      Land • 1.47 Acres
      0 Clearvue Ct, Mokena, IL 60448
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    Similar Nearby for Sale

    • $1,822,420
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      Mokena Industrial Land for Sale

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      88th St -, Mokena, IL 60448
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    • $2,650,000
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      Mansell Overlook Office Campus

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    • $10,920,000
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      Mokena Land for Sale

      Land available for a build-to-suit industrial property.
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      0.86 Acres

      Mokena Development Land

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    • $793,750
      3.04 Acres

      Mokena Industrial Land - 3 Acres

      Prime Mokena location, 3.04 acres, zoned industrial.
      88th St -, Mokena, IL 60448
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    • $349,000
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      23-Acre Mokena Agricultural Land

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    Similar Nearby for Lease

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      35,000 SF warehouse with expandable features and outdoor storage.
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      Mokena Industrial Space for Rent

      1,600 SF industrial space in central Mokena available immediately.
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      131,424 SF

      Mokena Warehouse with I-80 Visibility

      131,424 SF warehouse with convenient I-80 access.
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    88Th 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
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