19800 S LaGrange Rd
Mokena, IL 60448
Ashley Furniture (11% Cap) · Retail Property For Sale

Chris Edwards of Kw Commercial is proud to present a corporate guaranteed single tenant NN+ Ashley Furniture Store Located in Mokena, IL. This asset has a GLA of 45,000 SF and is co-anchored by Brookhaven Marketplace (Grocery Store) which has just renewed their 10 year lease. Ashley Furniture has operated at this location since 2010 and has 1 year remaining on their lease with Zero options to renew. Mokena is a village in Will County, Illinois and is part of the Chicago metropolitan statistical area. Neighboring Mokena to its southeast is Frankfort, an affluent suburb strategically located 37 miles southwest of the Chicago Loop. Mokena has been experiencing tremendous growth as of late, with recent industrial/commercial developments totaling over four million square feet. This includes Mokena Marketplace, 400,000 square feet of retail space on the southwest corner of U.S. Route 30 and Wolf Road, which houses major retailers JCPenney, Meijer, PetSmart, Sally Beauty Supply, and Party City. There are also plans in place to develop approximately two million square feet of light industrial and commercial space on a corridor near 88th Avenue and 191st Street, which would include Rasmussen College, Zenith Administrators, M. Cooper Supply Company, and CIT Trucks, bringing an aggregate of approximately 310 jobs to Mokena.