88th St - Mokena, IL 60448
- Land
- 10.04 lot acres
Current Use by Public Records
- Land
Property Details for 88th St -
- Lot size
- 10.04 lot acres
- Property type
- Land
Description
This exceptional 10.04-acre commercial land parcel, located at 88th Ave. & 187th Street - Lot 1 in Mokena, Will County, Illinois (zip code 60448), presents a unique investment opportunity. Priced at $2,515,470 ($5.50/sq ft), this property boasts a highly desirable industrial zoning. The site is fully improved, offering readily available infrastructure including water, sewer, electric, natural gas, and off-site detention. This significantly reduces development time and costs. Benefit from low Will County real estate taxes and access to a skilled labor pool. This location offers excellent accessibility and is strategically positioned within a thriving commercial corridor. The property is also conveniently located near major transportation routes, ensuring efficient logistics. The site could potentially be combined with an adjacent lot (Lot 2) to create a larger 17.319-acre development. This presents a compelling opportunity for businesses seeking a ready-to-develop site with significant potential for growth and expansion. Sales tax incentives are also available, adding further value to this exceptional offering. Don't miss this chance to secure a prime industrial land parcel in a rapidly developing area.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Mokena
- County
- Will
- State
- Illinois
- Longitude
- -87.8315
- Latitude
- 41.5506
