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Property profile & analytics
OFF-MARKET
Warehouses

88th 187Th St Mokena, IL 60448

100,000 SF 5.93 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 100,000-square-foot industrial distribution center, situated on a 5.931-acre lot in Mokena, Illinois (Will County, zip code 60448), presents a compelling investment opportunity. Located at the intersection of 88th Ave. & 187th St. (Lot 9&10), the property boasts 20 loading docks and ample parking for 100 vehicles. The building features a 30-foot clear ceiling height, ideal for various industrial uses. The property benefits from its strategic location, offering convenient access to I-80 via full interchanges at LaGrange Road and Harlem Avenue, ensuring excellent visibility and efficient transportation. Construction pricing was last updated February 1st, 2024, with a projected timeline of 12-16 months for completion. This property is zoned for industrial use and enjoys the advantages of low Will County real estate taxes, a skilled labor pool, and sales tax incentives. Please note that office space is not included in the asking price of $10,920,000. This is a rare opportunity to acquire a high-quality industrial asset in a prime location with significant growth potential.

Property profile
Verified
Property type Warehouses
Total area 100,000 SF
Lot 5.93 ac (258,354 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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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