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.

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.

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Listing Office: Village Realty, Inc.

Listing Office Phone: 708-478-1212