$ 3,395,000
9700 197th ST Mokena, IL 60448
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$ 3,395,000
Est. payment | /mo
30,000 SqFt
$ 3,395,000
Est. payment | /mo
30,000 SqFt
Key Details
Property Type Commercial
Sub Type Instut/To Develop
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 30,000 sqft
Price per Sqft $113
MLS Listing ID 12144954
Year Built 1986
Annual Tax Amount $27,632
Tax Year 2023
Lot Size 2.020 Acres
Lot Dimensions 2.02 ACRES
Property Description
Village Realty is pleased to present the opportunity to acquire the property located at 9700 197th Street in Mokena, Illinois. The subject property consists of approximately 30,000 square feet of flex space and is situated on 2.02 acres of land. The asset features mixed-use industrial and office space that can accommodate any tenant. Over the last ten years, the property has remained fully occupied. The triple net investment is fully stabilized with yearly rental escalations over four percent. Furthermore, current management is willing to remain in place upon sale. Located just one mile from the Interstate 80 exit, the property has premier accessibility to surrounding areas. The interchange between Interstates 80 and 57 is positioned just minutes away, connecting the area's two most important highway corridors.
Location
State IL
County Will
Area Mokena
Zoning INDUS
Interior
Cooling Central Air
Fireplace N
Building
Dwelling Type Instut/To Develop
Level or Stories 1
© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Michael Glenn • Village Realty, Inc.
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Sanjay Marathe
REALTOR® | Lic# 475168373