199 Acre Mokena Development Property
| Status: | Active |
| County: | Will |
| Township: | New Lenox Township |
| Address: | W. Reagan Road Mokena IL 60448 |
| Gross Land Area: | 199 Acres in Three parcels |
| Hectare Conversion | |
| Property Type: | Vacant Farm Land with Development potential |
| Possible Uses: | Agricultural Production/Future Development |
| Total Investment: | $5,500,000 |
| Monetary Conversion | |
| Unit Price: | $27,638.00 per acre |
| Productivity Index (PI): | 122.2 |
| Buildings: | There are no buildings on these parcels |
| Utilities: | Natural Gas, Electric, Water and Sewer are available |
For more information contact:
Mark Goodwin
1-815-741-22261-815-741-2226 mgoodwin@bigfarms.com
Goodwin & Associates Real Estate, LLC
is an AGENT of the SELLERS.
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Property Overview
The 199 acres is made up of three parcels with approximate acreage of:- 23 acres north of I-80 at the corner of Rt. 6 and Marley Road
- 47 acres on the south side of W. Regan Road
- 130 acres on the north side of Regan Road with frontage on I-80.
These parcels are relatively flat with some sections of rolling landscape. Several areas of trees interspersed with open areas and flood plain. This property has great development potential with great visibility to the north and south of I-80 in the Village of Mokena. Easy access to Metra station in downtown Mokena. Interstate I-80, I-57, I-55 and I-355 are all close to this site. Mokena schools are highly rated. Local shopping with Meijer, Berkots, and Walgreens. Orland Mall is only 20 minutes away with excellent dining and shopping opportunities. Two golf courses within three miles. A past owner had a vision of an area with duplexes leading into single family homes, use your imagination to best utilize this prime land with wooded and open areas. Parcels can be purchased separately.
23 Acres $525,000
47 Acres $1,400,000
130 Acres $3,575,000
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+ View Property Disclaimer and Disclosure.
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Property Map
Listing Details
General Information |
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| Listing Name: | 199 Acre Mokena Development Property | |
| Tax ID Number/APN: | 15-08-01-304-048-0010 15-08-01-304-048-0020 15-08-01-304-048-0030 15-08-01-304-048-0040 15-08-02-403-008-0000 15-09-02-403-013-0000 15-08-11-200-046-0000 |
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| Possible Uses: | Agriculture and Residential or Business development | |
| Zoning: | Zoned Agriculture | |
Area & Location |
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| School District: | Mokena School District 159 New Lenox School District 122 Lincoln Way Community High School District 210 |
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| Market Type: | Suburban market. Tapestry Segmentation of this area is Savvy Suburbanites. LifeMode Group: Affluent Estates. See additional details in the brochure. | |
| Location Description: | This 199 acre offering is located on the North and South sides of I-80, between South of Maple (Rt 6) and North of St. Francis Rd. | |
| Site Description: | There are three parcels. 23 acres north of I-80, 47 acres south of Regan road and 130 acres north of Regan road. These parcels are relatively flat with some sections of rolling landscape. Several areas of trees interspersed with open areas. This property has great development potential with great visibility to the north and south of I-80 in the Village of Mokena. All three parcels have flood plain acres. | |
| Side of Street: | The southern end of the parcel is located north and south of Reagan Road and the north 23 acres is at the corner of Rt. 6 and Marley road. | |
| Highway Access: | I-355 interchange is approximately 2 miles to the west of the property. | |
| Road Type: | The roads surrounding these parcels are asphalt. | |
| Property Visibility: | This 199 acre parcel has approximately 90,000 cars passing daily along I-80 | |
| Largest Nearby Street: | Maple to the north of the 199 acres and St. Francis Road to the south. | |
| Transportation: | There are several Metra stations near these parcels. | |
Land Related |
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| Lot Frontage (Feet): | 2534 feet of frontage along the south side of I-88 and 2500 feet along Reagan Road. | |
| Tillable Acres: | Approximately 102.69 of these parcels have been farmed in the past. They are not being farmed currently. | |
| Lot Depth: | The lot varies in depth due to the irregularity of the parcels. Please see the link to the map on the main page of the brochure for further detail | |
| Buildings: | No Buildings | |
| Flood Plain or Wetlands: | There are approximately 95 acres of wetlands and flood zones on these parcels | |
| Topography: | These parcels are relatively flat with some sloping land in the south end of the parcels. More detail can be seen in the Contour, Topography and Hillshade maps in the brochure. | |
| FSA Data: | Not currently being farmed. | |
| Soil Type: | 530C2 Ozaukee Silt Loam 53A Pella Silty Clay Loam 451A Lawson Silt Loam |
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| Available Utilities: | All utilities are available at the sites | |
Financials |
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| Finance Data Year: | 2021 taxes paid in 2022. | |
| Real Estate Taxes: | 15-08-01-304-048-0010 $457.96 15-08-01-304-048-0020 $559.92 15-08-01-304-048-0030 $648.78 15-08-01-304-048-0040 $254.66 15-08-02-403-008-0000 $471.46 15-09-02-403-013-0000 $2693.02 15-08-11-200-046-0000 $75.60 the total taxes paid in 2021 for the 2020 taxes $5161.40 |
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| Investment Amount: | This development site is being offered at $5,500,000.00 The are three parcels being offered and can be purchased separately: 23 Acres at the Corner of Rt. 6 and Marley road $525,000 47 Acres on the south side of Regan road $1,400,000 130 Acres on the north side of Regan road and south side of Rt. 80 $3,575,000 |
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Location |
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| Address: | W. Reagan Road Mokena, IL 60448 |
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| County: | Will County | |
MARK GOODWIN PROFESSIONAL BIOGRAPHY
It is difficult to find a real estate professional that specializes in Illinois Land Brokerage. Our services area includes Kendall County, Grundy County, Kane County, LaSalle County, Kankakee County, Livingston County, Ford County,Bureau, Henry County, Kane County, Dekalb County, Lake County, Iroquois County, Vermilion County, Kankakee County, and Cook County. Illinois Land Brokerage is a very specialized segment of the real estate brokerage industry. Knowledgeable Land Brokers are difficult to find. Many agents can sell a farm, but how many have the experience and qualifications of Goodwin and Associates?
Mark Goodwin is a Illinois Land Broker who can advise you about your land asset. It takes an experienced Illinois Land Broker to understand how best to market your land asset or find the property that best fits the investors needs or desires. Goodwin and Associates is the Land Broker for you in Illinois. We can help you with the marketing of your farm, residential development land, industrial land and commercial land or help with the selection of farmland, commercial land, retail land, industrial land, residential development land, residential lots, industrial lots and commercial lots. We are here to help you reach your goals.
For more information about property for sale in Mokena, Illinois (New Lenox Township Township, Will County) contact:
Mark Goodwin - Illinois Land Broker
1-815-741-22261-815-741-2226 mgoodwin@bigfarms.com
Goodwin & Associates Real Estate, LLC
is an AGENT of the SELLERS.
Mark Goodwin - Illinois Land Broker
1-815-741-22261-815-741-2226 mgoodwin@bigfarms.com
Goodwin & Associates Real Estate, LLC
is an AGENT of the SELLERS.