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9700 197th Street

Mokena, IL 60448
  • $3,395,000
  • STATUS: Active
  • ON SITE: 18 Days
  • MLS #: 12144954
UPDATED: 67 min ago
$3,395,000
  • 0
    BEDS
  • 2.02
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1986
County:
Area:

School Ratings & Info

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.

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© 2024 Midwest Real Estate Data LLC. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Keller Williams Success Realty. Based on information submitted to the MRED as of 2024-09-10T12:07:18.167 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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9700 197th Street Mokena, IL 60448

  • Price: $3,395,000
  • Status: Active
  • On Site: 18 Days
  • Updated: 67 min ago
  • MLS #: 12144954
0
Beds
0
Baths
0
½ Baths
2.02
Acres
1986
Built
Neighborhood:
Will
County:
Will
Area:
Will
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.
Interior Features

Cooling Central Air Heat Ventilation Central Heat/Indiv Controls

Property Features

Additional Parcels YN No Approximate Age 36-50 Years Building Area Total 30000 Built Before1978 YN No Fire Protection Sprinklers-Wet Geographic Locale Southwest Suburban Gross Scheduled Income 333461 Mls Actual Status Active Net Operating Income 267478 Operating Expense 38352 Property Offered For Sale Only Tax Annual Amount 27632 Tax Year 2023 Township Frankfort Type Instut/To Develop Zoning INDUS

Listing information © 2024 Midwest Real Estate Data LLC.
Listing provided courtesy of Village Realty, Inc.: 708-478-1212.


© 2024 Midwest Real Estate Data LLC. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Keller Williams Success Realty. Based on information submitted to the MRED as of 2024-09-10T12:07:18.167 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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Keller Williams Success Realty
43 E Crystal Lake Ave
Crystal Lake IL, 60014