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9700 197th ST Mokena, IL 60448
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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
Year Built 1986
Annual Tax Amount $27,632
Tax Year 2023
Lot Size 2.020 Acres
Property Sub-Type Instut/To Develop
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
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© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Rommi Achterhof of Coldwell Banker Realty
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