19255 Everett LnMokena, IL 60448

  • Commercial real estate
  • 1.25 AC
For Sale
$293,400 View listing

Property Details for 19255 Everett Ln

Lot size
1.25 AC
Property type
Commercial real estate
APN
19-09-09-209-043-1002
APU
1909092090431002

Description

This exceptional investment opportunity presents a fully leased 11,923 square foot medical office condo situated at 19255 Everett Lane Unit B, Mokena, IL. The property boasts a prime location within a high-demand area of Mokena, benefiting from low Will County taxes. Currently occupied by a long-term tenant, this condo provides a stable and predictable income stream, making it an ideal asset for investors seeking consistent returns. The unit's size and configuration are well-suited to its current medical use, and the inclusion of an adjacent storage unit adds significant value and versatility. The 1.24-acre lot provides ample space and potential for future expansion or development. This turnkey investment requires minimal management, offering a low-risk, high-reward opportunity in a thriving market. The long-term lease ensures consistent cash flow, minimizing vacancy concerns. This property represents a rare chance to acquire a well-established, income-producing asset in a desirable location with strong long-term growth potential. Serious investors are encouraged to act quickly to secure this exceptional opportunity.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $20,021,164
    Hospitality
    $18,339,278
    Educational
    $15,258,064
    Medical
    $15,782,812
    Retail
    $23,734,766

Location Insight

City
Mokena
County
Will
State
Illinois
Latitude
41.5394
Longitude
-87.8549
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$5,358
$13,876
$42,605
$56,481
-
$41,628
$127,815
$169,443

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