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Property profile & analytics
OFF-MARKET
Land

88th St - Mokena, IL 60448

10.04 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 10.04 ac (437,473 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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