$9,500,000

11212 - 11244 W Lincoln Highway, Mokena, IL 60448

  • 26,240 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 2003
  • Property Lot Size Icon2.89acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $362/sqft
  • Property List Date Icon Listed 3 months ago

Property Description

Outstanding investment opportunity in a prime Mokena location! Mokena Corners is a fully leased, 11-unit retail center located at 11212-11244 W Lincoln Highway, positioned just off the signalized intersection of Lincoln Highway and Wolf Road with traffic counts nearing 40,000 VPD. The property is 100% occupied and features a diverse and stable tenant mix including Dunkin' Donuts, Bite of Mexico, Illinois Bone & Joint, Zuki, Jets Pizza, Totally Tobacco, Great Clips, Subway, AT&T, Ace and Vine VI, Inc., and Lincoln Family Dental. This mix of national, regional, and local tenants ensures steady foot traffic and consistent rental income. The center boasts a solid in-place cap rate of 6.83 and is part of a larger portfolio sale that includes three additional commercial properties and two buildable lots, all within 10 minutes of one another. An ideal opportunity for investors seeking strong cash flow in a high-visibility, high-demand corridor of Chicago's southwest suburbs.

Listing Status:
Active
Listing Office:
Village Realty, Inc. : 708-478-1212
Listing Agent:
Jessica Gilbert : 773-900-4801
MLS ID:
12438592
  • A/C: Central Air
  • Originating MLS: mred
  • County: Will
  • Zoning: COMMR1909194020160000
  • Current Use: Medical/Dental
  • Utilities: Separate Meters
  • Source: mred

This listing courtesy of Jessica Gilbert, Village Realty, Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

M

Mokena Elementary School

11244 Willow Crest Ln, Mokena, IL, 60448

Grades PK-3

0.31 miles away

M

Mokena Jr High School

19815 Kirkstone Way, Mokena, IL, 60448

Grades 6-8

1.12 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.