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$4,850,000
72,000
square ft

19410 S La Grange Road
Mokena, Illinois 60448

Closed / MLS #11877260 / Industrial / Mokena
Listing information updated 3/9/2024 at 6:03am
High exposure, multi tenant building with retail and light industrial units on LaGrange Rd. Building consists of 6 retail units and 16 industrial units providing a very diversified tenant portfolio. This 72,000 sq ft building has 14 ft high ceilings, 17 drive in doors, 6 loading dock doors and parking for more than 100 cars. Low Will County taxes provides a wonderful opportunity to attract tenants and add profit. Current cap rate of 7.5% with below market rates provides an excellent opportunity for new owner to renew leases and/or re-tenant the building with market rates providing a 10-11% cap rate. High occupancy rates and low availability for industrial spaces along the Southwest I-80 corridor makes this building an ideal investment. Signed NDA needed to see building financials.
Acreage:
3.5
Built:
1990
Cooling System:
Central Air
Stories:
1
Ceiling Height:
16
Zoning:
INDUS
# of Drive-In Doors:
17
Rentable Square Feet:
12,500
Building Square Feet:
72,000
Minimum Ceiling Height:
14
Maximum Ceiling Height:
16
Tax Amount:
$69,216
Tax Year:
2022
Zip Code:
60448
City:
Mokena
County:
Will

Listing Office: Baird & Warner

Listing Office Phone: 708.798.1855

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 3/9/2024 at 6:03am. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.

Mokena

Mokena, IL

Mokena has it all. With a population of just over 20,000, the community has grown thanks to its convenient transportation, recreational opportunities, and local services. Residents take advantage of numerous parks, paths, and trails including the Hickory Creek Preserve and the Old Plank Road Trail....

Metra

Metra
Rock Island District line at Hickory Creek Metra
$465,985
Average Sale Price
50
Average Days On The Market
98%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 19410 S La Grange Road, Mokena, IL 60448
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19410 S La Grange Road, Mokena, IL 60448 is a industrial which sold for $4,850,000. This industrial has been listed on @properties Christie's International Real Estate since September 8th, 2023 and was built in 1990. The nearest transit stops include Hickory Creek Metra Metra Rock Island District line.

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