Property for Sale: 9700 197th, Mokena, IL 60448 SOLD

$3,140,000
$3,140,000
9700 197th, Mokena, IL 60448 SOLD
$3,140,000
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Selling Price: $3,140,000
Original List Price: $3,395,000
Sold at 92.5% of list price
Sold Date: 11/19/2024

Type Commercial
Lot Size 2.02 acres
Year Built 1986

City Mokena
County Will

MLS 12144954
Status Closed
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.

Lot & Building Features

Cooling Central Air
Tax Year 2023
Lot Dimensions 2.02 ACRES ft

Price History of 9700 197th, Mokena, IL

Date Name Price Difference
12/31/1969 Listing Price $3,140,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.
Photo of Bill Biros
Bill Biros
Broker/Owner
Direct: 708-237-7711
Office
3580 W 95th Street
Evergreen Park, IL 60805
708-422-0011
Listed by Village Realty, Inc., Michael Glenn
Sold by Coldwell Banker Realty, Rommi Achterhof
$
20%
1%
6.75%
$
$
$
Monthly Payment
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI
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: Village Realty, Inc.