10060-10066 190Th Pl Mokena, IL 60448
Regency Office Suites, located at 10060-10066 190th Place in Mokena, Illinois, presents a compelling investment opportunity. This 6,657 square foot office building boasts a strong 9% cap rate and high occupancy, anchored by several long-term tenants demonstrating significant loyalty. The property is fully furnished, including desks, chairs, bookcases, and conference tables, adding considerable value. Shared amenities enhance tenant appeal and include a conference room, break room, and reception area. Recent upgrades completed in 2023 significantly improve the property and enhance tenant satisfaction. These upgrades include a new roof, two new AC systems, and electric vehicle charging stations. Practical features include four storage closets and four restrooms. Security is ensured with a secure entryway access system and a well-lit parking lot. Situated in the well-maintained Olivieri Business Park, the building benefits from high visibility, with nearly 22,000 cars passing daily, and convenient access to I-80. The property also enjoys favorable Will County taxes. This combination of a strong cap rate, loyal tenants, modern upgrades, ample furnishings, prime location, and favorable taxes makes Regency Office Suites an exceptional investment opportunity.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.