10020 191st St, Mokena, IL 60448-8656
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
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.