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Property profile & analytics
OFF-MARKET
Commercial real estate

11380 179Th St Mokena, IL 60448

1 ac lot
Property ID
US28-2663832
Property summary
AI-generated overview

This exceptional 1.9-acre commercial land parcel presents a compelling redevelopment opportunity in a thriving Mokena, Illinois location. Boasting 224 feet of frontage on West 179th Street, just west of Wolf Road, this property offers significant visibility and accessibility. The site is situated in an area experiencing substantial growth, with a new Aldi supermarket under construction directly adjacent to the west. Additional acreage is available for assemblage, creating potential for a larger-scale development. The property's strategic location places it in close proximity to established businesses such as Jewel, McDonald's, Walgreens, and PNC Bank, all situated at the highly trafficked intersection of 179th Street and Wolf Road. This prime location offers diverse development possibilities, including senior housing, retail spaces, or office buildings. Currently zoned E-1, the property is favorably positioned for potential zoning changes, given Orland Park's openness to such modifications. The property's convenience is further enhanced by its proximity to the 179th Street Metra Station. While the mailing address is Mokena, the property falls under Orland Park's jurisdiction. Note that the property includes an existing residence, pool, and oversized garage in good condition, adding further value to the land and its strategic location. The approximate land area is 86,688 square feet. The asking price is $699,950. The APN is 27312020080000.

Property profile
Verified
Property type Commercial real estate
Lot 1 ac (43,560 SF)
APN 27312020080000
UPID US28-2663832
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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