Closed

$5,450,000

19410 La Grange Road, Mokena, IL 60448
97 days
19410 La Grange Road·Mokena, IL 60448
1990Year Built
About This Home

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.

MLS# 11877260Listed September 8, 2023Commercial Sale
Property Details

Beds & Baths

Size & Structure

Year Built1990
Lot Size3.500 acres

Location

CountyWill
TownshipFrankfort
Zip Code60448

Financial

List Price$5,450,000
Annual Taxes (2022)$69,216
Monthly Tax Est.$5,768
Parcel #1909092020070000
Interior Features

Flooring

Concrete

Cooling

Central Air
Exterior & Lot

Construction

BrickBlock

Foundation

Concrete Perimeter
Utilities & Parking

Electric

Circuit Breakers
Tax & Financial
Annual Taxes
$69,216
Tax Year 2022
Monthly Tax Est.
$5,768
per month
Property Location

19410 La Grange Road, Mokena, IL 60448Will County

$5,450,000
19410 La Grange Road
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
97 days on market
3.500 acres
$69,216/yr taxes
$34,410
estimated monthly payment
Principal & Interest
$28,642/mo
Property Tax
$5,768/mo
$5,450,000
20% — $1,090,000
3%50%
6.875%
3%12%
Loan Amount
$4,360,000
Down Payment
$1,090,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Baird & Warner
Agent: Mark Wright
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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