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Financial
Distress signals
Property profile

19150 S 88Th Ave Mokena, IL 60448

FOR SALE
Commercial real estate
Property ID
US28-0120841
7,407 SF 1.84 ac lot Built 2006
Last sale May 2025 · $1,150,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 7,407 square foot office condo, situated on a 1.84-acre lot at 19150 88th Avenue in Mokena, IL, presents a unique investment opportunity. The property boasts an enviable location, offering easy access to both I-80 and I-57, ensuring convenient commutes for employees and clients alike. The entire building is for sale and is part of a three-building condo association, providing a sense of community and shared responsibility. Inside, the condo features abundant natural light,…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$33k
Tax billed · 2023
Assessed value$353k
Assessed land$59k
Assessed improvement$294k
Effective rate9.26%

Value estimate

· Oct 2026
$1.09M
$981k – $1.20M
AI approach$1.09M
Submarket $/SF estimate$1.40M
NOI build-up
Gross scheduled income$167k
Vacancy & credit loss−$48k
Operating expenses−$30k
NOI · 2.82% cap applied$89k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$127/SF
ZIP average, outlier-cleaned · 70 recorded sales of this use type
Observed band · Q1–Q3$88 – $231
Qualifying comparables7

Cap rate analysis

How does the asset earn?
2.82%
$89k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionWILL

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency21.7
Dental Office20.5
Restaurant18.4

Location

19150 S 88Th Ave Mokena, IL 60448
County assessor Recorded deeds · 5 transfers 7 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
10727 Grn Mdws, Mokena, IL 60448-1717 $9,000,000 Dec 2025 11,208 SF
9457 Bormet, Mokena, IL 60448-8315 $450,000 Apr 2025 5,340 SF
19846 Wolf, Mokena, IL 60448-1316 $229,780 Aug 2024 6,512 SF
19245 Everett, Mokena, IL 60448-8959 $910,000 Jun 2024 5,194 SF
9660 194th, Mokena, IL 60448-9408 $700,000 May 2024 6,600 SF
11116 Frnt, Mokena, IL 60448-1563 $150,000 May 2024 4,688 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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