Property profile

10020 191st St Mokena, IL 60448

OFF-MARKET
Commercial land
Property ID
US28-1420406
1.53 ac lot
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 1.53-acre commercial land parcel presents a remarkable investment opportunity in the thriving Mokena, Illinois market. Located at 10020 191st Street, this prime outlot sits in a main commercial corridor between LaGrange Road and Wolf Road, offering unparalleled visibility and accessibility. Its strategic location provides convenient access to Interstate 80, a major east-west thoroughfare. The property enjoys a highly desirable corner location with excellent signalization, directly adjacent to The Promenade of Mokena shopping center. Nearby amenities include the Olivieri Business Park and a fire station, enhancing the area's appeal and functionality. The land is zoned for a variety of commercial uses, making it suitable for a wide range of development projects. The asking price is $726,750, representing a land value of $475,000 per acre. Low Will County taxes further enhance the financial attractiveness of this exceptional property. This is an unparalleled chance to acquire a highly visible and strategically located commercial land parcel in a rapidly growing area. The property's proximity to major roadways, established businesses, and residential areas makes it an ideal location for a variety of commercial ventures. Don't miss this opportunity to secure a prime piece of Mokena real estate. The property is situated in Will County, Illinois, with a zip code of 60448.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 1.53 ac (66,647 SF)
APN 19-09-04-303-002
UPID US28-1420406

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

10020 191st St Mokena, IL 60448-8656
Mokena metro Census 883522 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$220k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$210k

Owner & transaction history

since 2025
Last sale
$200,000
5 recorded transactions
2025
$600,000
2022
$200,000
2004
$2.0M
1969
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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