Property profile

19950 La Grange Rd Mokena, IL 60448

OFF-MARKET
Commercial land
Property ID
US28-3287330
0.77 ac lot
Entity Owned Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional .77-acre commercial land parcel in Mokena, Illinois, presents a unique investment opportunity. Located at 19950 LaGrange Road, this property boasts 124 feet of frontage on a major thoroughfare with a remarkable 32,200 vehicles per day (VPD) traffic count. The lot's dimensions are 124 feet by 271 feet, offering excellent visibility and accessibility. Its strategic position between CVS Pharmacy and Belle Tire ensures high traffic and exposure. The C-2 zoning allows for a variety of commercial uses, making it suitable for a wide range of businesses. The property's convenient location within a thriving community, coupled with its easy access to neighboring towns via a well-connected intersection, makes it an attractive proposition for entrepreneurs and investors alike. The village of Mokena is receptive to development proposals, offering a streamlined process for potential buyers. This is a rare chance to acquire a highly visible and strategically located commercial lot in a rapidly growing area. Don't miss this opportunity to establish your business in a prime Mokena location.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.77 ac (33,541 SF)
APN 19-09-16-206-049
UPID US28-3287330

Cap rate & NOI

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

Location

19950 La Grange Rd Mokena, IL 60448-8674
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
$375k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$375k

Owner & transaction history

since 2025
7 recorded transactions
2026
Price N/A
2025
$845,000
2018
$606,934
2017
Price N/A
2017
Price N/A
2010
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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