Sold

Closed

9700 197th Street

Mokena IL, 60448

$3,140,000


$104.67 per sqft

Sold

Closed

30,000 sqft

Other

Built in 1986

Courtesy of Village Realty, Inc.

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.

12144954

MLS ID

August 22, 2024

Listed

November 22, 2024

Updated

Map

9700 197th Street
Mokena IL, 60448

Interior Features

Total Stories

1


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

No

Exterior/Building Features

Lot Size

2.02 Acres

Other Property Details

Area Name

Mokena


Taxes

$27,632


Tax Frequency

Annually


Days on Market

40


Garage

No


View

No


County

Will


Municipality

Frankfort


Pool

No


Zoning

INDUS

Listing History

Date

Event

Price

11/19/2024

Sold

$3,140,000

9/30/2024

Under contract

Courtesy of Village Realty, Inc., Michael Glenn,
Listing Contact: 708-263-5869 

The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than Niki Rocco are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

Based on information submitted to the  MLS GRID for MRED 11/22/2024. All data is obtained from various sources and has not been, and will not be, verified by broker, MRED or MLS GRID. MLS Grid and MRED 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. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

©2024 Listings Courtesy of MRED as distributed by MLS GRID. All rights reserved.

Data last updated 7:17 AM UTC, 11/22/2024

 

 

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