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Lot 16 - 191st Street Mokena, IL 60448 Land - Residential New

New - 26 Hours Ago
  • Lot 16 - 191st Street , Mokena, IL 60448 Main Photo

4 Total Photos [Click to View All]

Description

This 8.57 acres more or less is what the Village of Mokena refers to as THE GREAT CORRIDOR - The starting point is Wolf Road and 191st street - runs eastward to LaGrange Rd (Route 45) - This 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 of approx 95,340 Sq. Ft. or 2.2 acres - 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 - 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

Property Highlights

Property Type: Land - Residential
Total Acres: 8.00 Acres
Utilities: Electric to Site, Natural Gas Available, Water Available

General Information

County: Will
Listed By:
HB&D Realty 815-485-2000
MRED MLS
$1,275,000
Est. $8,509/mo
New to the Market New
LOT SIZE 8.000 acres MLS#12649822
STATUSNew PROPERTY TYPELand - Residential SCHOOLDistrict 210

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Ruhl&Ruhl Realtors
563.441.1776

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Lot 16 - 191st Street , Mokena, IL 60448.

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Loan Type FHA 30 Year FixedVA 30 year fixed30 yr Jumbo
Purchase Price $1,275,000$1,275,000$1,275,000
Down Payment $44,625$0$255,000
Monthly Mortgage Amount $7,810$8,125$6,363
Taxes $1774$1774$1774
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $765$0$0
Monthly Estimated Total $10,721$10,271$8,509

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