11212 - 11244 W Lincoln Highway Mokena, IL 60448
$9,500,000
Active / MLS# 12438592 / Commercial - Retail / Mokena
0
Beds
26240
SqFt
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.
Baird & Warner New Client Care Team Agent Cell: 312.847.5702 Email
Property Details
Property Type: Commercial - Retail
Cooling: Central Air
Lot Size: 2.89 Acres
Stories: 1.0
Year Built: 2003
Feature Descriptions
Current Use: Medical/Dental
Electric: Separate Meters
Fire Protection: Fire Extinguisher/s, Sprinklers-Wet
HVAC: Forced Air
Lot Dimensions: 2.89 ACRES
Number of Tenant(s): 11
Parcel#: 1909194020160000
Units: 11
Location
See details and scored characteristics about this location.
Listing Office: Village Realty, Inc.
Listing Office Phone: 708-478-1212
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Member Participants (and their affiliated licensees, if applicable) shall indicate on their websites that IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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