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ActiveMLS #: 125241021 / 3Get an accurate number
ActiveMLS #: 125241021 / 37.47 acres
$1,499,000
NEC 187th & Wolf Road, Mokena IL, 60448
Est. payment: $7,954/mo · 20% down, 30-year fixed at 6.95%, principal, interest, and taxes per the listing
Lot size
7.47 acres
Property type
Land
Listed by Charles Groebe with Coldwell Banker Realty
Questions about this home: Nick Rife, Rife Realty, (815) 258-1471 or Nick@RifeRealty.com
Overview
Exceptional high-profile farm corner offering outstanding development potential. This prime site is well-suited for a signature commercial corner featuring a destination restaurant and complementary strip retail. The Village welcomes quality development and continues to experience strong growth, driven by its proximity to I-80 & LaGrange Road. The surrounding area features a quality mix of popular restaurants, entertainment venues, and newer industrial development, along with convenient access to parks, schools, and essential community services. Property consists of two separate tax PINs.
Location
NEC 187th & Wolf Road, Mokena IL, 60448
- Township
- Will
- County
- Will
- Area
- Mokena
Exterior and lot
- Lot size
- 7.47 acres (500x650)
- Total parking
- 0
- Water
- Municipal Water
- Utilities
- Electric to Site, Natural Gas Available, Water Available
Schools
- Elementary district
- 159
- Middle district
- 159
- High school district
- 159
Taxes and ownership
- Annual taxes
- $190 (2024)
- Ownership
- Fee Simple
- Possession
- Closing, Immediate
Listing details
- MLS number
- 12524102
- Status
- Active
- Property type
- Land
- Town
- Mokena
- ZIP
- 60448
- Updated
- Sep 1, 2026
Estimate your payment
Term, years
Your monthly payment will be
$7,954
Principal, interest, and estimated taxes.
Loan $1,199,200 Down $299,800
- Principal and interest
- $7,938
- Property taxes (2024, per the listing)
- $16
Ballpark estimated payments for planning. Not a quote or a preapproval.
What this estimate includes
Principal, interest, and property taxes: the listing's reported bill when MRED has one, otherwise an estimate from typical corridor rates. Insurance and any PMI are not included, and this is not an offer of credit. Your real number depends on your credit, the lender, and the property.
Talk to Nick and he will connect you with one of his preferred lenders for a real figure.
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Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of Sep 22, 2026, 1:23 AM CT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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