Current Use by Public Records
- Land
Property Details for 88Th St -
- Lot size
- 7.30 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
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.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Mokena
- County
- Will
- State
- Illinois
- Longitude
- -87.8315
- Latitude
- 41.5506
