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9710-9724 W 191st ST Mokena, IL 60448
26,053 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail/Stores
Listing Status Active
Purchase Type For Sale
Square Footage 26,053 sqft
Price per Sqft $268
MLS Listing ID 12414933
Year Built 2008
Annual Tax Amount $29,061
Tax Year 2024
Lot Dimensions 2.94
Property Sub-Type Retail/Stores
Property Description
Presenting 9710-9724 W. 191st Street in Mokena, IL-a fully occupied, professionally managed 5 unit, multi-tenant retail strip center with a solid 6.94 cap rate. Tenants include Lucky Bird, Windy City Taverns, LLC, Woodstreet Cabinets, Mike Galderio and Joe Nicolazzi, and Clarity Clinic, LLC. With excellent frontage and visibility along 191st Street, this well-maintained center benefits from high traffic volume and easy access to major thoroughfares. This property is part of a larger portfolio package that includes two neighboring, fully occupied strip malls directly next door, another nearby strip mall just 10 minutes away, and two buildable lots-all with cap rates above 7. The combined portfolio offers excellent diversification, location synergy, and long-term upside. Ownership provides comprehensive in-house services, including marketing, tenant retention plans, real estate accounting, and robust systems for tracking finances, rent rolls, and maintenance reports-ensuring operational efficiency and tenant satisfaction. Strategically positioned just off I-80 and LaGrange Road, and surrounded by major businesses such as Mindy's Ribs, Holiday Inn, and Shell gas station, this location draws consistent foot and vehicle traffic-making it a reliable, income-generating investment in a thriving commercial corridor.
Location
State IL
County Will
Area Mokena
Zoning COMMR
Interior
Cooling Central Air
Fireplace N
Building
Dwelling Type Retail/Stores
Level or Stories 1
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Listed by Jessica Gilbert • Village Realty, Inc.