88th 187Th St Mokena, IL 60448
- Warehouses
- 100,000 SF
- 5.93 lot acres
Current Use by Public Records
- Warehouses
Property Details for 88th 187Th St
- Lot size
- 5.93 lot acres
- Property size
- 100,000 SF
- Property type
- Warehouses
- Property subtype
- Industrial properties
Description
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.
Value Estimation
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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
