Property for Sale: 10060-10066 190th, Mokena, IL 60448

$1,350,000
$1,350,000
10060-10066 190th, Mokena, IL 60448
$1,350,000
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Price:
$1,350,000

Type Commercial
Year Built 2009

City Mokena
County Will

MLS 12144187
Status Active
Regency Office Suites offers a prime investment opportunity with 6,657 square feet of high-quality shared office space and a strong 9% cap rate. The property features a high occupancy rate, with several tenants being long-term and demonstrating strong loyalty. Tenants benefit from attractive shared amenities, including a conference room, break room, and reception area, which enhance the overall appeal and functionality of the space. Included in the sale is a comprehensive selection of furnishings, such as desks, chairs, bookcases, conference tables, and more, adding significant value and convenience for both new owners and tenants. Recent upgrades include a new roof, two newly installed AC systems, and electric vehicle charging stations, all completed in 2023. These enhancements reflect a commitment to modern improvements and tenant satisfaction. The property also includes four storage closets and four restrooms, contributing to its practicality and convenience. Additionally, it features a secure entryway access system in the vestibule, as well as a well lit parking lot ensuring safety and security for all tenants. Located in the highly desirable Olivieri Business Park, which is well maintained, with plenty of parking and professionally managed. This location also benefits from high visibility, with traffic volumes nearing 22,000 cars daily, and only minutes from I-80, further increasing the property's desirability and investment potential. Overall, Regency Office Suites combines a strong cap rate, loyal long-term tenants, modern upgrades, ample furnishings, a prime location, and favorable Will County taxes, making it a compelling investment opportunity.

Lot & Building Features

Construction Brick, Wood Frame
Cooling Central Air
Tax Year 2023
Lot Dimensions COMMON

Price History of 10060-10066 190th, Mokena, IL

Date Name Price Difference
12/31/1969 Listing Price $1,350,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.
Photo of Erin Cotter
Direct: 773-879-1060
Office
3580 W 95th Street
Evergreen Park, IL 60805
708-422-0011
Listed by Olivieri Real Estate LLC, Madison Watson & Jacqueline Montvidas
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10060-10066 190th (MLS #12144187) is a commercial listing located in Mokena, IL. This property was listed on 08/30/2024 and has been priced for sale at $1,350,000.

Nearby zip codes are 60423, 60462, 60467, 60477 and 60487. This property neighbors other cities such as Frankfort, Orland Hills, Orland Park, Shorewood and Tinley Park.

Midwest Real Estate Data

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Olivieri Real Estate LLC