This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
19410 S La Grange Road, Mokena, IL 60448
$4,850,000
19410 S La Grange Road, Mokena, IL 60448View this property at 19410 S La Grange Road, Mokena, IL 60448
19410 S La Grange RoadMokenaIL60448
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
Property Description
High exposure, multi tenant building with retail and light industrial units on LaGrange Rd. Building consists of 6 retail units and 16 industrial units providing a very diversified tenant portfolio. This 72,000 sq ft building has 14 ft high ceilings, 17 drive in doors, 6 loading dock doors and parking for more than 100 cars. Low Will County taxes provides a wonderful opportunity to attract tenants and add profit. Current cap rate of 7.5% with below market rates provides an excellent opportunity for new owner to renew leases and/or re-tenant the building with market rates providing a 10-11% cap rate. High occupancy rates and low availability for industrial spaces along the Southwest I-80 corridor makes this building an ideal investment. Signed NDA needed to see building financials.
Full Property Details
Full Property Details for 19410 S La Grange Rd
General
- Sold For: $4,850,000
- Taxes: $69,216 (2022)
- Status: Closed
- Type: Commercial
- MLS ID: 11877260
- Added to Site: 249 day(s) ago
Interior
- Flooring: Concrete
Additional Information
- Security/Safety: Sprinklers
Parking
- Parking Features: Over 100 Spaces
Location
- Area: Mokena
- County: Will
- Driving Directions: I-80 to LaGrange Rd. exit south to property in Mokena.
- Location Details: Southwest Suburban
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air
Structural Information
- Construction: Brick, Block
- Foundation: Concrete Perimeter
- Drive-In Doors: 17
- # Loading Docks: 6
- Sub-Flooring: Concrete
- Stories/Levels: 1
- Square Feet: 72,000
- Year Built: 1990
Unit Information
- # Tenants: 18
Lot Features
- Lot Size (Acres): 3.5
- Lot Size (Sq. Ft.): 152,550
- Lot Dimensions: 270 x 565
- Zoning: INDUS
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Security Deposit: Sprinklers
- Assessment Year: 1990
- Tax Amount: $69,216
- Tax Year: 2022
- Tenant Pays: Air Conditioning, Electricity, Heat
Disclosures and Reports
- Property ID: 1909092020070000
Listed by Baird & Warner
Sold by Non Member
Get Pre-Approved Today
Schools
Schools serving 19410 S La Grange Rd
School Districts:Summit Hill School District 161, Lincoln Way Community High School District 210
Rating | Name | Grades | Distance |
---|---|---|---|
19651 Beechnut Dr, Mokena, IL 60448 | 1-4 | 0.4 mi | |
7260 W North Ave, Frankfort, IL 60423 | 7-8 | 3.4 mi | |
201 Colorado Ave, Frankfort, IL 60423 | 9-12 | 1.7 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 19410 S La Grange Rd
Date
Details
Price
Change
Source
3/06/2024
Sold
$4,850,000
-11.01%
MLS
9/08/2023
Listed
$5,450,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
19410 S La Grange Road, Mokena, IL 60448 (MLS# 11877260) is a Commercial property that was sold at $4,850,000 on March 06, 2024. Want to learn more about 19410 S La Grange Road? Do you have questions about finding other Commercial real estate for sale in Mokena? You can browse all Mokena real estate or contact a Coldwell Banker agent to request more information.