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    Property profile & analytics

    18770 88th Ave, Unit B Mokena, IL 60448-8777

    • Industrial properties
    • 2.84 lot acres
    OFF-MARKET
    Value Estimation
    $3,790,000
    Last Sale
    Aug 30, 2024
    $3,760,000
    Location Intelligence
    Property ID
    US28-5011838
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • AGS Glass Shop / Corporate Office
    • Integrity Sign Company / Sign Shop / Banner Store
    • G H Meiser & Co / Truck Accessories Store / Tire Shop

    Property Details for 18770 88th Ave

    Lot size
    2.84 lot acres
    Property type
    Industrial properties
    APN
    19-09-03-401-021
    APU
    190903401021

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $3,760,000

    • CAP approach

      CAP return
      Estimation
      6%
      $4,080,000
      6.5%
      $3,775,000
      7%
      $4,100,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $3,410,000
      Geo Method
      $4,405,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $3,395,000
      Retail
      $3,200,000
      Mixed-Use
      $3,960,000
      Hospitality
      $4,240,000
      Educational
      $4,405,000
      Residential Income
      $3,770,000
      Energy
      $3,335,000
      Income-Based Land
      $3,795,000
      Food Service
      $4,355,000

    Location Insight

    • Map
    • Local Demand
    City
    Mokena
    County
    Will
    State
    Illinois
    Longitude
    -87.8324
    Latitude
    41.5492
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $63,060
    $165,868
    $498,885
    $664,753
    -
    $497,604
    $1,496,655
    $1,994,259

    Comparable in this City

    • Value Estimation by Request
      100,000 SF

      88th 187Th St

      Distribution properties • 100,000 SF
      88th 187Th St, Mokena, IL 60448
      View Details
    • Value Estimation by Request
      2.93 Acres

      18811 90th Ave Ste F

      INDUSTRIAL (GENERAL) • 2.93 Acres
      18811 90th Ave Ste F, Mokena, IL 60448-8029
      View Details
    • Value Estimation by Request
      4,600 SF

      9930 190th St Ste L

      INDUSTRIAL (GENERAL) • 4,600 SF
      9930 190th St Ste L, Mokena, IL 60448-5610
      View Details
    • Value Estimation by Request
      8,589 SF

      9930 190th St Ste A

      INDUSTRIAL (GENERAL) • 8,589 SF
      9930 190th St Ste A, Mokena, IL 60448-5609
      View Details
    • Value Estimation by Request
      60,878 SF

      9951 190Th St

      Distribution properties • 60,878 SF
      9951 190Th St, Mokena, IL 60448
      View Details
    • Value Estimation
      $210,000
      3,396 SF

      9910 190th St Ste K

      INDUSTRIAL (GENERAL) • 3,396 SF
      9910 190th St Ste K, Mokena, IL 60448-5607
      View Details

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      100,000 SF

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      Mokena Land for Sale

      Land available for a build-to-suit industrial property.
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      153,000 SF

      Proposed Industrial Building For Sale

      Proposed 153,000 sq ft industrial building for sale.
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    Similar Nearby for Lease

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      Mokena Warehouse Unit For Lease

      3200 sqft warehouse unit in newer industrial building.
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      View Details
    • Contact for pricing
      131,424 SF

      Mokena Warehouse with I-80 Visibility

      131,424 SF warehouse with convenient I-80 access.
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      View Details
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    Mokena, IL 60448-8777
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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