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