88th St - Mokena, IL 60448
This exceptional 10.043-acre industrial land parcel, located at 88th Avenue & 187th Street - Lot 1 in Mokena, Illinois (zip code 60448), presents a compelling investment opportunity. Priced at $2,515,470 ($5.75/sq ft), this property boasts a highly desirable location within Will County, benefiting from low real estate taxes. The land is zoned for industrial use, providing flexibility for a variety of development projects. The site is already improved, featuring readily available water, sewer, electric, and natural gas utilities, along with off-site detention. This significantly reduces development time and costs. Furthermore, the property enjoys convenient access to full interchanges at LaGrange Road and Harlem Avenue, ensuring excellent connectivity and logistical advantages. Strong visibility from I-80 provides significant marketing potential. This is a rare opportunity to acquire a fully serviced industrial site in a thriving location with low taxes and excellent infrastructure. While this specific lot is 10.043 acres, additional sites ranging from 2.3 to 17.3 acres are also available for sale or build-to-suit options. Sales tax incentives are also available.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.