$7,000,000

9710-9724 W 191st Street, Mokena, IL 60448

  • 26,053 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 2008
  • Property Lot Size Icon2.94acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $269/sqft
  • Property List Date Icon Listed 9 days ago

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.

Listing Status:
Active
Listing Office:
Village Realty, Inc. : 708-478-1212
Listing Agent:
Jessica Gilbert : 773-900-4801
MLS ID:
12414933
  • A/C: Central Air

This listing courtesy of Jessica Gilbert, Village Realty, Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

A

Arbury Hills Elementary School

19651 Beechnut Dr, Mokena, IL, 60448

Grades 1-4

0.87 miles away

S

Summit Hill Junior High School

7260 W North Ave, Frankfort, IL, 60423

Grades 7-8

3.82 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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