Mokena, IL 60448,9700 197th ST
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Mokena, IL 60448,9700 197th ST
Mokena, IL 60448,9700 197th ST
Mokena, IL 60448,9700 197th ST
Mokena, IL 60448,9700 197th ST

$3,140,000

Est. payment /mo

$3,395,000

7.5%
Est.Price: ?

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9700 197th ST Mokena, IL 60448

30,000 SqFt

SOLD DATE : 11/19/2024

Key Details

Sold Price $3,140,000

Property Type Commercial

Sub Type Instut/To Develop

Listing Status Sold

Purchase Type For Sale

Square Footage 30,000 sqft

Price per Sqft $104

MLS Listing ID 12144954

Sold Date 11/19/24

Year Built 1986

Annual Tax Amount $27,632

Tax Year 2023

Lot Size 2.020 Acres

Lot Dimensions 2.02 ACRES

Property Description

Presenting 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

Level or Stories 1

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Midwest Real Estate Data (MRED) IDX
Listed by Michael Glenn • Village Realty, Inc.
Bought with Rommi Achterhof • Coldwell Banker Realty

Neil Hackler

Real Estate Advisor | License ID: 167138

+1(773) 677-3479

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