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    Property profile & analytics

    8449 191St St Mokena, IL 60448

    • Commercial real estate
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Marlowe Insurance / Insurance Agency

    Property Details for 8449 191St St

    Year built
    1988
    Property type
    Commercial real estate

    Description

    This exceptional 700+ square foot retail or office space is ideally situated at 8449 W 191st Street, Unit 4F, Mokena, IL, boasting a prime location between Harlem and LaGrange Roads. Benefit from the high daily traffic count of over 20,000 vehicles. The space offers a versatile layout adaptable to various business needs

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Mokena
    County
    Will
    State
    Illinois
    Longitude
    -87.8222
    Latitude
    41.543

    Comparable in this City

    • Value Estimation by Request
      7.28 Acres

      88th St -

      Land • 7.28 Acres
      88th St -, Mokena, IL 60448
      View Details
    • Value Estimation by Request
      3.04 Acres

      88th St -

      Land • 3.04 Acres
      88th St -, Mokena, IL 60448
      View Details
    • Value Estimation by Request
      2.89 Acres

      88th St -

      Land • 2.89 Acres
      88th St -, Mokena, IL 60448
      View Details
    • Value Estimation by Request
      0.13 Acres

      11104 Front St, Unit 2D

      COMMERCIAL (GENERAL) • 0.13 Acres
      11104 Front St, Mokena, IL 60448-1574
      View Details
    • Value Estimation by Request
      2.03 Acres

      12525 187th St

      COMMERCIAL (GENERAL) • 2.03 Acres
      12525 187th St, Mokena, IL 60448-8278
      View Details
    • Value Estimation by Request
      572 SF

      9400 Birch Ave

      COMMERCIAL (GENERAL) • 572 SF
      9400 Birch Ave, Mokena, IL 60448
      View Details

    Similar Nearby for Sale

    • $756,376
      2.89 Acres

      Corporate Corridors of Mokena

      Land • 2.89 Acres
      88th St -, Mokena, IL 60448
      View Details
    • $793,750
      3.04 Acres

      Mokena Industrial Land - 3 Acres

      Prime Mokena location, 3.04 acres, zoned industrial.
      88th St -, Mokena, IL 60448
      View Details
    • $2,515,470
      10.04 Acres

      Mokena Industrial Land - 10 Acres

      Prime 10-acre industrial lot in Mokena, IL.
      88th St -, Mokena, IL 60448
      View Details
    • $850,000
      2.35 Acres

      Mokena Commercial Land - $850K

      2.35 Acres, I-80 Visibility, Ready to Develop
      9000 191St St, Mokena, IL 60448
      View Details
    • $1,822,420
      7.28 Acres

      88th St -

      Land • 7.28 Acres
      88th St -, Mokena, IL 60448
      View Details
    • $699,950
      1.00 Acre

      Mokena Commercial Land Investment

      1.9 Acres, Excellent Redevelopment Potential
      11380 179Th St, Mokena, IL 60448
      View Details

    Similar Nearby for Lease

    • $18 SF/Yr
      4,728 SF

      Mokena Office Space Available

      Office space for lease in Mokena, Illinois.
      19201 La Grange Rd, Mokena, IL 60448
      View Details
    • $16 SF/Yr
      1,148 SF

      Mokena Retail or Office Space

      Retail or office space available on Wolf Road.
      19806 S Wolf Rd, Mokena, IL 60448
      View Details
    • $32 SF/Yr

      Rehabbed Office Space in Mokena

      Newly renovated office space available in downtown Mokena.
      11225 Front St, Mokena, IL 60448
      View Details
    • $39 SF/Yr

      Mokena Professional Office Space

      Affordable office space with fixed expenses near Metra station.
      19027 S Jodi Rd, Mokena, IL 60448
      View Details
    • $8 SF/Yr
      44,000 SF

      Old LaGrange Road Center Spaces

      Modern flex space, I-80 Corridor. Ideal for retail or office.
      19081 Old Lagrange Rd, Mokena, IL 60448
      View Details
    • $457 /Mo
      3,120 SF

      Mokena Office Space for Lease

      Prime Mokena Office, Affordable Rates
      19027 Jodi Rd, Mokena, IL 60448
      View Details
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    8449 191St St
    Mokena, IL 60448
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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