IL
Will
Mokena
60448
10060-10066 190th Place
10060-10066 190th Place, Mokena, IL 60448
Listing Type
commercial/industrial
Listing Status
contingent
11
$1,350,000

Home Details for 10060-10066 190th Place

Price
$1,350,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
0.0
Square feet
NaN
Year built
2009
County
Will
Garage
Days on site
72
MLS Listing#
12144187
Listing courtesy: Olivieri Real Estate LLC - 708-719-3444
Property Description

Regency Office Suites offers a prime investment opportunity with 6,657 square feet of high-quality shared office space and a strong 9% cap rate. The property features a high occupancy rate, with several tenants being long-term and demonstrating strong loyalty. Tenants benefit from attractive shared amenities, including a conference room, break room, and reception area, which enhance the overall appeal and functionality of the space. Included in the sale is a comprehensive selection of furnishings, such as desks, chairs, bookcases, conference tables, and more, adding significant value and convenience for both new owners and tenants. Recent upgrades include a new roof, two newly installed AC systems, and electric vehicle charging stations, all completed in 2023. These enhancements reflect a commitment to modern improvements and tenant satisfaction. The property also includes four storage closets and four restrooms, contributing to its practicality and convenience. Additionally, it features a secure entryway access system in the vestibule, as well as a well lit parking lot ensuring safety and security for all tenants. Located in the highly desirable Olivieri Business Park, which is well maintained, with plenty of parking and professionally managed. This location also benefits from high visibility, with traffic volumes nearing 22,000 cars daily, and only minutes from I-80, further increasing the property's desirability and investment potential. Overall, Regency Office Suites combines a strong cap rate, loyal long-term tenants, modern upgrades, ample furnishings, a prime location, and favorable Will County taxes, making it a compelling investment opportunity.

Property Features
  • Cooling Information
    • Central Air
Midwest Real Estate Data logoProperties are provided courtesy of the MLS of Northern Illinois, Inc. Broker Reciprocity Database. Information Deemed Reliable but Not Guaranteed.
Based on information submitted to the MRED as of last update. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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.
Last Updated: 2024-10-15 10:15:27
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EXIT REAL ESTATE SPECIALISTS
2750-2752 Caton Farm Rd, Joliet, IL 60435
Eddie Ruettiger
License #: 471022127
Franchisee
Office
815 457 7575
Agent
815 823 5478
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