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28215378
28215379

19150 S 88th Ave, Mokena, IL 60448 For Sale

PL
CA 01912215, NV S.0169792 (+1)
SRS Real Estate Partners Newport Beach
MM
CA 01732226
SRS Real Estate Partners Newport Beach
SS
LA BROK.995710215-ACT, AR PB00099377
SRS Real Estate Partners New York
BR
NY 10491212709
SRS Real Estate Partners New York
KF
NY 10401281546, NJ 2441197
SRS Real Estate Partners New York
DE
IL 475144985
SRS Real Estate Partners Chicago
Listed by SRS Real Estate Partners Newport Beach, SRS Real Estate Partners New York, SRS Real Estate Partners Chicago
$3,358,000
249 days on market
Updated 18 days ago

Action Behavior Center | Mokena, IL

Details
Property Type Office
Sub Type Traditional Office
Square Footage 7,407
Cap Rate 7.5%
NOI $251,838
Occupancy 100%
Tenancy Single
Brand/Tenant Action Behavior Centers
Lease Type NNN
Remaining Term 7
Price per SqFt $453
Year Built 2006
Buildings 1
Stories 1
Acreage 0.180
Zoning C-1A: General Commercial District
Parking Spaces 47 spaces
Parking per 1,000 SqFt 6.35
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Ownership Fee Simple

Brand New 7-Year Lease | 3% Annual Rental Increases | Strong Access & Visibility

Marketing description

Positioned on S. 88th Ave (6,900 VPD), between its intersections with 192nd St and W. 191st St (15,500 VPD), the property offers strong visibility and access just minutes from US-45 (49,800 VPD) and I-80 (102,900 VPD). The location is surrounded by established residential neighborhoods and a cluster of nearby schools, creating steady demand for therapy services. The asset sits near Brookside Marketplace, a high-performing Target-anchored center with 5.9M+ annual visits, ranking in the 94th percentile in Illinois, along with nearby centers like Mokena Town Square and Hickory Creek Marketplace, enhancing foot traffic and long-term value. Located in the 9.3M-population Chicago MSA, home to 30+ Fortune 500 companies and a diverse economic base, the property benefits from robust demographics, infrastructure, and long-term real estate fundamentals. The 5-mile trade area features over 152,100 residents, 71,900 employees, and average household incomes exceeding $140,000, reinforcing the asset’s long-term investment appeal.

Investment highlights

  • New 7-year lease with 2 (5-year) renewal options

  • 3% annual rental increases

  • $777,000 invested into the property through a combination of landlord and tenant improvements in 2025

  • Positioned on S. 88th Ave (6,900 VPD), between its intersections with 192nd St and W. 191st St (15,500 VPD)

  • Minutes from US-45 (49,800 VPD) and Interstate 80 (102,900 VPD)

  • Located near a dense cluster of schools including Noonan Elementary, Marya Yates Elementary, Woodgate Elementary, and others

  • Within a dense retail corridor near Brookside Marketplace, Mokena Town Square, and Hickory Creek Marketplace

  • Supported by over 152,100 residents (AHHI $140,297) and 71,900 employees in the 5-mile trade area

  • Located in the Chicago Metropolitan Statistical Area, the third-largest metro in the U.S, with a population exceeding 9.3 million

Listing Contacts

PL
CA 01912215, NV S.0169792 (+1)
SRS Real Estate Partners Newport Beach
MM
CA 01732226
SRS Real Estate Partners Newport Beach
SS
LA BROK.995710215-ACT, AR PB00099377
SRS Real Estate Partners New York
BR
NY 10491212709
SRS Real Estate Partners New York
KF
NY 10401281546, NJ 2441197
SRS Real Estate Partners New York
DE
IL 475144985
SRS Real Estate Partners Chicago
Listed by SRS Real Estate Partners Newport Beach, SRS Real Estate Partners New York, SRS Real Estate Partners Chicago

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$251,838.00
$20,986.50/mo

Valuation Metrics

0
DSCR
7.5%
Cap Rate
7.5%
ROI

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Additional Information

Name
Dan Elliot
License
IL License No. 471022489
Brokerage
SRS Real Estate Partners-Midwest, LLC
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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