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    Property profile & analytics

    104th 187Th St Mokena, IL 60448

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

    Current Use by Public Records

    • Land

    Property Details for 104th 187Th St

    Lot size
    25.62 lot acres
    Property type
    Land

    Description

    This exceptional 25.62-acre commercial land parcel presents a unique investment opportunity in the thriving Mokena, Illinois market. Located at the northeast corner of 104th and 187th, this unincorporated Will County property boasts significant visibility and accessibility. The site offers approximately 1/8th of a mile of frontage along I-80, benefiting from an impressive daily traffic count exceeding 104,000 vehicles. This prime location provides unparalleled exposure for any commercial development. The comprehensive plan designates this parcel for Office/Research use, making it ideal for corporate headquarters or similar ventures. Utilities are readily available nearby, simplifying the development process. The property's zoning is currently unincorporated, but it is slated for annexation to Mokena, further enhancing its value and potential. Given its size, location, and accessibility, this land parcel offers a multitude of potential uses, catering to a wide range of commercial enterprises. Detailed demographic information is available upon request. The asking price for this exceptional property is $2,500,000. The APN is 19-09-04-100-005-0000.

    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
    -87.8704
    Latitude
    41.55

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      14.32 Acres

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    104th 187Th 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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