Rife Realty · Nick Rife, Managing Broker · (815) 258-1471 · Nick@RifeRealty.com · riferealty.com
ActiveMLS #: 126498221 / 48 acres
$1,275,000
Est. payment: $7,216/mo · 20% down, 30-year fixed at 6.95%, principal, interest, and taxes per the listing
Lot size
8 acres
Property type
Land
Listed by Patricia Muehler with HB&D Realty
Questions about this home: Nick Rife, Rife Realty, (815) 258-1471 or Nick@RifeRealty.com
This 8.57 acres more or less is what the Village of Mokena refers to as being in "THE GREAT CORRIDOR" - The starting point is Wolf Road and 191st street - runs eastward to LaGrange Rd (Route 45) and extends to Harlem Ave.- 191st & Route 45 is where you access I-80 or go North to I-55 - Present Traffic count is in excess of 25,000 cars per day - This is an opportunity to develop The most desirable corner property for sale in Mokena for Commercial use - Currently the Property is in the county and would need to be annexed in to the Village of Mokena for Access to sewer and water - The 8+ acres has Floodway and Flood Plain running thru It - You cannot build in the Floodway - you can develop the Flood Plain areas with Restrictions - The corner of Wolf rd. & 191st st. (which contains portion of Lots 1 & 2 (See photos) has a buildable portion -which is not in the floodway or flood plain - of approx 95,340 Sq. Ft. or 2.2 acres that you can develop (check drawings in photos ) the other Buildable portion is on the east end - Lot 5. (see plat in photos) - There is approx 12,890 sq.ft. or 0.3 acre - which is not in the floodway or flood plain - You can typically build on the Flood Plain with special Permits, elevated Foundations - Buildings must often be raised on Piles, Piers or Stilts Above flood elevation - Think outside the box to develop on Piers & Column foundations Which raises the buildings off the ground, leaving open space underneath the structure Which can be used for parking - What a fabulous location for a multi story Office/Medical Complex - High Visibility - Easy to find - Plenty of parking - Creative entrepreneurs this Is a Golden Opportunity to showcase your talent
Lot 16 - 191st Street, Mokena IL, 60448
Your monthly payment will be
$7,216
Principal, interest, and estimated taxes.
Ballpark estimated payments for planning. Not a quote or a preapproval.
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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$1,499,000
7.47 acres · Land
NEC 187th & Wolf Road, Mokena IL, 60448
