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Property profile & analytics
OFF-MARKET
Land

88th St - Mokena, IL 60448

7.28 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 7.276-acre industrial land parcel in Mokena, Illinois, presents a prime opportunity for development. Located at 88th Avenue & 187th Street – Lot 2, this property boasts convenient access to major transportation arteries, including full interchanges at LaGrange Road and Harlem Avenue, and strong visibility from I-80. The site is zoned for industrial use and benefits from low Will County real estate taxes. Infrastructure is already in place, including water, sewer, electric, and natural gas, along with off-site detention. This ready-to-build site offers significant advantages, including access to a skilled labor pool and the added benefit of sales tax incentives. The asking price is $1,822,420, translating to a land value of $5.75 per square foot. This property is part of a larger development offering sites ranging from 2.3 to 17.3 acres, available for sale or build-to-suit. Don't miss this chance to secure a strategic location for your industrial needs in a thriving area. The property is situated in Will County, Illinois, with a zip code of 60448.

Property profile
Verified
Property type Land
Lot 7.28 ac (316,943 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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