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. |
Listed by Village Realty, Inc., Michael Glenn
Sold by Coldwell Banker Realty, Rommi Achterhof
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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. |