11212 - 11244 W Lincoln Highway Mokena, IL $ 9,500,000
11212 - 11244 W Lincoln Highway
$ 9,500,000
Share Save

11212 - 11244 W Lincoln Highway

Mokena, IL, 60448
$ 9,500,000
Bedrooms-- Baths-- Sq 26,240

Monthly Estimate*

$ 59,268

11212 - 11244 W Lincoln Highway, Mokena, IL 60448 - Image 1
11212 - 11244 W Lincoln Highway, Mokena, IL 60448 - Image 2
11212 - 11244 W Lincoln Highway, Mokena, IL 60448 - Image 3
11212 - 11244 W Lincoln Highway, Mokena, IL 60448 - Image 4
11212 - 11244 W Lincoln Highway, Mokena, IL 60448 - Image 5
11212 - 11244 W Lincoln Highway, Mokena, IL 60448 - Image 6
11212 - 11244 W Lincoln Highway, Mokena, IL 60448 - Image 7
11212 - 11244 W Lincoln Highway, Mokena, IL 60448 - Image 8
11212 - 11244 W Lincoln Highway, Mokena, IL 60448 - Image 9
11212 - 11244 W Lincoln Highway, Mokena, IL 60448 - Image 10

Commercial Property for sale in Mokena, IL

for $9,500,000. This 26,240 square foot building was built in 2003 on a lot size of 2.88776.

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.

See more

Commercial Active

Price

$ 9,500,000

Property Type

Commercial

Taxes

$ 132,696

Style

Retail

Lot Size

2.88776

Year Built

2003

Town/City

Mokena

County/Region

Will

MLS | Web ID

12438592

Features
General
Cooling Central Air
Zoning COMMR
Year Built 2003
Electric Separate Meters
Stories Count 1
Tax Year 2024
Current Use Medical/Dental
Business Type Retail
County Will
Net Operating Income 621379
Property Type Commercial Sale Retail/Stores
Status Active
Directions Conveniently located in the heart of Mokena's busy retail corridor this property sits at the northwest corner of Lincoln Highway (Route 30) and Wolf Road. From I-80 take Exit 150 for LaGrange Road (U
City Mokena
Number Of Units Total 11
MLS Area Mokena
Lot Size Square Feet 125791
Tax Annual Amount 132696
Additional Parcels Y/N N
Leasable Area 0
Standard Status Active
Cap Rate 6.83
See more
Exterior
Building Area Total 26240
Lot Dimensions 2.89 ACRES
See more
* Excluded Features
List By
Village Realty, Inc.

Broker

jessie@connectsproperties.net

Email

Affordability Calculator

$70,326
Per Month
84%
16%
0%
Monthly Principal & Interest
$59,268
Monthly Property Taxes
$11,058
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/6/2025$9,500,000 Listed Price

Map


See all

11212 - 11244 W Lincoln Highway, Mokena, IL, 60448 is a Commercial Property for sale at $9,500,000 with 26,240 sqft and a lot size of 2.88776. 11212 - 11244 W Lincoln Highway was built in 2003. The property's zip code is 60448 which is in Mokena, IL