11212 - 11244 W Lincoln Highway new Save Request In-Person Tour Request Virtual Tour
Mokena,IL 60448
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
Zoning COMMR
Interior
Cooling Central Air
Fireplace N
Exterior
View Y/N true