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Property profile & analytics
OFF-MARKET
Land

0 187Th St Mokena, IL 60448

35 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 35-acre parcel in Mokena, Illinois, presents a unique investment opportunity. Located along I-80, this property boasts significant visibility and convenient access. Currently utilized for farming, the land features a soil productivity index (PI) of 119.3. While approximately 8.6 acres are unusable due to a creek, high-line towers, and a pipeline, the remaining acreage offers substantial development potential. The Mokena Comprehensive Plan designates the area for office development, making this an attractive site for commercial construction. Alternatively, the property could be suitable for residential development, such as townhomes, apartments, or duplexes, subject to Village of Mokena approval. Note that an additional 25 acres are available to the east, though under separate ownership. The property's APN is 19-09-05-200-005-0000, and its address is W 187th St, Mokena, IL 60448. The asking price for this significant land holding is $2,625,000. This property is zoned for agriculture.

Property profile
Verified
Property type Land
Lot 35 ac (1,524,600 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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