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    8133 189th St Mokena, IL 60448-8840
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    Property profile & analytics

    8133 189th St Mokena, IL 60448-8840


    • Industrial properties
    • 16,190 SF
    • 0.85 lot acres
    Off-Market
    Last Sale Oct 23, 2024
    $1,900,000
    Property ID
    US28-1980107
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Xtreme Cylinders / General Contractor
    • Ecco Warning Lights by CPW / Big Box & Wholesale Store
    • Maxim Plow Parts / Industrial Manufacturer / Production Facility

    Property Details for 8133 189th St

    Year built
    1989
    Construction
    STEEL FRAME
    Lot size
    0.85 lot acres
    Property size
    16,190 SF
    Property type
    Industrial properties
    APN
    19-09-02-401-009
    APU
    190902401009

    Description

    This fee-simple industrial warehouse, totaling 16,190 square feet, is situated on a 0.85-acre lot in Mokena, Illinois (zip code 60448). Built in 1989, this Class C property boasts a 16-foot ceiling height, two loading docks, and two dock-high doors. The property currently enjoys 100% occupancy with a net operating income (NOI) of $154,643, yielding a 7.73% cap rate (pro-forma NOI of $158,139 and a pro-forma cap rate of 7.91%). The asking price is $2,000,000, translating to $123.53 per square foot. Zoned I-1, this single-tenant warehouse offers approximately 13,000 square feet of outdoor storage space and 17 parking spaces. The property is conveniently located near Interstate 80 and Interstate 57, providing easy access to major transportation routes. The current tenant's lease expires in May 2025, presenting an owner-user opportunity or a lease-up potential in a high-income area with a low tax burden. A new roof was installed in 2022. The property features three-phase power.


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    Location Insight

    • Map
    • Local Demand
    City
    Mokena
    County
    Will
    State
    Illinois
    Longitude
    -87.8153
    Latitude
    41.5476
    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
    $16,285
    $37,232
    $134,435
    $171,667
    -
    $111,696
    $403,305
    $515,001
    More about this property
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