About 11212 - 11244 West Lincoln Highway
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.
Features of 11212 - 11244 West Lincoln Highway
| MLS® # | 12438592 |
|---|---|
| Price | $9,500,000 |
| Bathrooms | 0.00 |
| Acres | 0.00 |
| Year Built | 2003 |
| Type | Commercial Sale |
| Sub-Type | Retail/Stores |
| Status | Active |
Community Information
| Address | 11212 - 11244 West Lincoln Highway |
|---|---|
| Area | Mokena |
| City | Mokena |
| County | Will |
| State | IL |
| Zip Code | 60448 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Cooling | Central Air |
|---|---|
| Fireplace | No |
| Has Basement | No |
Additional Information
| Days on Market | 70 |
|---|---|
| Zoning | COMMR |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Village Realty, Inc. |
|---|---|
| Contact Info | 708-478-1212 |