Description
A premier development opportunity in the heart of Downtown Mokena. With very limited land remaining this close to downtown, this 2.39-acre offering presents a strategic chance to deliver the type of product today's market is demanding. Currently zoned R-6 Multi-Family with potential for re-zoning, the site consists of two parcels totaling 2.39 acres (1.63 acres + 0.76 acres) and offers approximately 340 feet of Wolf Road frontage. Townhomes in Mokena are commanding premium prices, and new inventory is needed, creating a compelling opportunity for builders and developers. Mature trees naturally frame the property, enhancing the streetscape while providing backyard privacy with no rear neighbors. Just minutes from the Metra station, major highways, top-rated schools, and all downtown amenities. Opportunities like this are becoming increasingly scarce in Mokena. Position your next project where demand, visibility, and location align.
Property Highlights
Property Type: Land - Farm
Total Acres: 2.39 Acres
Utilities: None
General Information
County: Will
High School: Lincoln-Way Central High School
Listed By:
@properties Christie's International Real Estate
708-971-0060
MRED MLS
MLS ID: 12572528
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19550 Wolf Road , Mokena, IL 60448.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $525,000 | $525,000 | $525,000 |
| Down Payment | $105,000 | $18,375 | $131,250 |
| Monthly Mortgage Amount | $2,484 | $3,091 | $3,217 |
| Taxes | $731 | $731 | $731 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $231 | $0 |
| Monthly Estimated Total | $3,368 | $4,206 | $4,101 |