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Property profile & analytics
OFF-MARKET
Land

88Th St - Mokena, IL 60448

2.34 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 2.34 ac (101,974 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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