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    Property profile & analytics

    88Th St - Mokena, IL 60448

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

    Current Use by Public Records

    • Land

    Property Details for 88Th St -

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

    Description

    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.

    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

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      7.28 Acres

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      88th St -, Mokena, IL 60448
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      2.89 Acres

      88Th St -

      Land • 2.89 Acres
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      17.81 Acres

      191St St

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      1.47 Acres

      Clearvue Ct

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      10.04 Acres

      88th St -

      Land • 10.04 Acres
      88th St -, Mokena, IL 60448
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    • Value Estimation by Request
      3.04 Acres

      88Th St -

      Land • 3.04 Acres
      88Th St -, Mokena, IL 60448
      View Details

    Similar Nearby for Sale

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

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      Mokena Land for Sale

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      0.86 Acres

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    Similar Nearby for Lease

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      Mokena Industrial Space for Rent

      1,600 SF industrial space in central Mokena available immediately.
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      5,500 SF

      Mokena Freestanding Warehouse For Rent

      Freestanding warehouse with fenced yard and immediate 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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