11212 - 11244 W Lincoln HWY Mokena, IL 60448

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Park Place Realty Group LLC

info@parkplacerealtyllc.com +1(708) 722-5106

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Key Details

Property Type Commercial

Sub Type Retail/Stores

Listing Status Active

Purchase Type For Sale

Square Footage 26,240 sqft

Price per Sqft $362

MLS Listing ID 12438592

Year Built 2003

Annual Tax Amount $132,696

Tax Year 2024

Lot Dimensions 2.89 ACRES

Property Sub-Type Retail/Stores

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.

Location

State IL

County Will

Area Mokena

Zoning COMMR

Interior

Cooling Central Air

Fireplace N

Building

Dwelling Type Retail/Stores

Listed by Jessica Gilbert • Village Realty, Inc.

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Park Place Realty Group LLC

Broker | License ID: 888222

+1(708) 722-5106