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Property profile & analytics
OFF-MARKET
Land

88th St - Mokena, IL 60448

10.04 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 10.04 ac (437,342 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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