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11019 Front St

4,000 SF 75% Leased Office Building Mokena, IL 60448 $589,000 ($147/SF) 5.80% Cap Rate

Investment Highlights

  • Prime Location
  • High Visibility
  • Residential Units
  • Convenient Access
  • Office Amenities
  • Commuter Friendly

Executive Summary

Discover an exceptional mixed-use investment opportunity in the heart of downtown Mokena. Approximate 4,700 SF building located adjacent to the Rock Island Metra station, ensuring excellent visibility and foot traffic. The main level features two commercial office units with private restrooms and kitchenettes, while the second floor boasts two spacious 2-bedroom, 1-bath apartments with in-unit laundry. Recent upgrades include new flooring, paint, water heaters, and HVAC systems, enhancing both comfort and energy efficiency. With one commercial unit currently vacant, this property offers an ideal opportunity for an owner/occupant to build equity in a well-maintained investment. Don't miss your chance to invest in this prime location with easy access to public transportation and the vibrant community of downtown Mokena.

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Office/Residential
Building Size
4,000 SF
Building Class
B
Year Built
2007
Price
$589,000
Price Per SF
$147
Cap Rate
5.80%
NOI
$34,162
Percent Leased
75%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,000 SF
Building FAR
0.71
Land Acres
0.13 AC
Zoning
C-4 - Commercial
Parking
4 Spaces (1 Space per 1,000 SF Leased)

Amenities

  • Atrium
  • Kitchen
  • Storage Space
  • Bicycle Storage
  • Central Heating
  • Fully Carpeted
  • Natural Light
  • Drop Ceiling
  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 1,000 SF
  • Office
  • Full Build-Out
  • Now

Approximate 1,000 SF office space available for lease in the vibrant heart of downtown Mokena. Located in a mixed-use building conveniently positioned across from the Rock Island Metra station on charming Front Street, this suite offers both convenience and high visibility. The office features a range of amenities designed for comfort and functionality including welcoming foyer, independent HVAC, fully carpeted interior, large private office, open work area, individual kitchen, and bicycle storage. Enjoy plenty of natural light, ample storage space, and easy access to public transportation with commuter friendly positioning. This prime location is perfect for businesses seeking a prominent spot in a bustling downtown area. Don't miss out on this fantastic opportunity!

Space Size Space Use Condition Available
1st Floor 1,000 SF Office Full Build-Out Now

1st Floor

Size
1,000 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

1st Floor

Size 1,000 SF
Space Use Office
Condition Full Build-Out
Available Now

Approximate 1,000 SF office space available for lease in the vibrant heart of downtown Mokena. Located in a mixed-use building conveniently positioned across from the Rock Island Metra station on charming Front Street, this suite offers both convenience and high visibility. The office features a range of amenities designed for comfort and functionality including welcoming foyer, independent HVAC, fully carpeted interior, large private office, open work area, individual kitchen, and bicycle storage. Enjoy plenty of natural light, ample storage space, and easy access to public transportation with commuter friendly positioning. This prime location is perfect for businesses seeking a prominent spot in a bustling downtown area. Don't miss out on this fantastic opportunity!

  • Listing ID: 33354364

  • Date on Market: 9/30/2024

  • Last Updated:

  • Address: 11019 Front St, Mokena, IL 60448

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