Estimated payment $22,887/month
Highlights
- Waterfront
- Arbury Hills Elementary School Rated A-
- 2.33 Acre Lot
About This Lot
Prime Commercial Land Investment at 9710-9724 West 191st Street in Mokena, IL! This land listing offers outstanding potential for commercial developers, located just off LaGrange Road (33,000+ vehicles/day) and 191st Street (22,000 vehicles/day), with quick access to Highway 80 for regional connectivity. Positioned near established businesses like Shell Gas Station, Mindy's Ribs, Legends Grill & Bar, and Body Fountain, the site benefits from high visibility and steady traffic in a thriving commercial corridor. Lots can be sold individually or as part of a larger investment portfolio, which includes four retail strip centers with high cap rates and a consistent flow of profit. If purchased as a package, the overall portfolio could deliver increasing cap rates, making this a rare opportunity for developers or investors looking to expand in a proven location.
Property Details
Property Type
- Land
Est. Annual Taxes
- $11,104
Lot Details
- 2.33 Acre Lot
- Waterfront
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/21/2025 07/21/25 | Price Changed | $4,200,000 | +18.3% | -- |
| 07/15/2025 07/15/25 | For Sale | $3,550,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,200,000 | None Listed On Document | |
| Special Warranty Deed | $690,000 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $780,000 | Seller Take Back |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12420847
APN: 19-09-04-403-016
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