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19300 S La Grange Rd - 14.32 Acre Commercial Development Opportunity 14.32 Acres of Commercial Land Offered at $6,573,993 CAD in Mokena, IL 60448
Investment Highlights
- ±14.32-acre development site with frontage on LaGrange Road/U.S. Route 45
- Flexible zoning potential for retail, mixed-use, or residential development
- Located in a pro-business environment with low Will County taxes
- Less than one mile from I-80 four-way interchange for superior regional access
- Surrounded by major national retailers and strong consumer traffic
- Excellent demographics and highly skilled local workforce
Executive Summary
Immediately surrounded by retail, light industrial, and dense residential developments, the site is ready for development, featuring a mostly flat topography and all necessary utilities near the site. The parcels contain over 600 feet of frontage directly on La Grange Road and its 33,000 daily vehicles, providing excellent visibility and access for retail or mixed-use developments. A half mile from I-80 access, businesses will benefit from the highway accessibility as well as the 81,600 daily vehicles who can be directly advertised to on I-80 to exit at La Grange Road. A Metra Train Station is also in walking distance from the property, just south I-80 off of La Grange Road.
Surrounded by national retailers in a high-income area, this rare development opportunity is being offered on a growing business corridor with almost unlimited potential uses. Contact us to learn more!
Property Facts
1 Lot Available
Lot
| Price | $6,573,993 CAD | Lot Size | 14.32 AC |
| Price Per AC | $459,077.76 CAD |
| Price | $6,573,993 CAD |
| Price Per AC | $459,077.76 CAD |
| Lot Size | 14.32 AC |
Located within one of the Chicago suburbs’ fastest-growing commercial corridors, 19300 South LaGrange Road in Mokena consists of ±14.32 acres and boasts both high visibility as well as immediate access via LaGrange Road/U.S. Route 45 and West 191st.
Description
This ±14.32-acre site at 19300 South LaGrange Road in Mokena, Illinois, offers a prime development opportunity in one of Chicago’s fastest-growing suburban markets. Positioned along LaGrange Road/U.S. Route 45, the property benefits from exceptional visibility and immediate access to a major arterial route, with the I-80 four-way interchange less than a mile away. This strategic location ensures strong connectivity to the regional transportation network, making it ideal for retail, mixed-use, or residential development. The site is currently zoned A-1 (Agriculture), but the City of Mokena supports rezoning for commercial and residential uses, providing flexibility for developers. Utilities are available to the property, and future signalized traffic improvements are planned by the city, further enhancing accessibility. Surrounding the site is a robust mix of national and regional retailers, including Meijer, Jewel-Osco, Walgreens, Starbucks, Panera Bread, Chipotle, Menards, and Walmart Supercenter, ensuring high consumer traffic and strong co-tenancy potential. With a pro-business climate, low Will County taxes, and a highly skilled workforce—72.4% employed in white-collar jobs—this location offers long-term growth potential. The area also boasts excellent demographics, with a median household income exceeding $130,000 within a five-mile radius. This property represents a rare opportunity to secure a large, high-visibility parcel in a thriving suburban corridor.
Property Taxes
| Parcel Number | 19-09-09-200-032 | Improvements Assessment | $0 CAD (2024) |
| Land Assessment | $4,089 CAD (2024) | Total Assessment | $4,089 CAD (2024) |
Property Taxes
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19300 S La Grange Rd - 14.32 Acre Commercial Development Opportunity
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