88Th St - Mokena, IL 60448
Exceptional opportunity to acquire 2.341 acres of industrially zoned land in Mokena, Illinois, located at 88th Avenue & 187th Street - Lot 4. This property boasts a strategic location offering convenient access to major thoroughfares, including full interchanges at LaGrange Road and Harlem Avenue, and strong visibility from I-80. The site is improved with readily available infrastructure, including water, sewer, electric, and natural gas, along with off-site detention. Benefit from low Will County taxes and a skilled labor pool in the area. This parcel is ideal for various industrial uses, offering significant potential for development. The asking price is $719,818, translating to a land value of $7 per square foot. The property is zoned for industrial use and is part of a larger development offering sites ranging from 2.3 to 17.3 acres, available for sale or build-to-suit options. A sales tax incentive is also available. The zip code is 60448.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.