88Th St - Mokena, IL 60448
This exceptional 7.3-acre industrial land parcel in Mokena, Illinois, presents a compelling investment opportunity. Located at the intersection of 88th Avenue and 187th Street (Lot 17), this property boasts convenient access to major thoroughfares, including full interchanges at LaGrange Road and Harlem Avenue, ensuring seamless transportation and logistics. The site benefits from strong visibility from I-80, enhancing its marketing potential. Zoned for industrial use, this property is ready for immediate development. Infrastructure is already in place, including water, sewer, electric, and natural gas services, along with off-site detention. The low Will County taxes represent a significant advantage for potential buyers. This site is part of a larger development offering parcels ranging from 2.3 to 17.3 acres, available for sale or build-to-suit options. The area also benefits from a skilled labor pool and a sales tax incentive program, further enhancing its attractiveness. The asking price for this 7.3-acre lot is $2,065,505, translating to a land value of $6.50 per square foot. This is an ideal location for businesses seeking a strategic presence in a thriving industrial area with excellent infrastructure and low operating costs. The property's zoning and accessibility make it suitable for a wide range of industrial uses.
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.