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.

 

** New Listing **

199 Acre Mokena Development Property
+ View Brochure

property alerts

Be alerted to new listings, changes in current listings, and closings as a way to keep your finger on the pulse of the land market.

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

+ View Brochure
+ View Property Disclaimer and Disclosure.
 
Will County Map

Property Map

Property Gallery

Emoty Image   Emoty Image   Emoty Image   Emoty Image   Emoty Image   Emoty Image   Emoty Image   Emoty Image   Emoty Image   Emoty Image   Emoty Image   Emoty Image   Emoty Image   Emoty Image   Emoty Image  

Roadway Map 199 Acre Mokena Development Property, New Lenox Township, Will County   
Roadway Map 199 Acre Mokena Development Property, New Lenox Township, Will County

Plat Map of 199 Acre Mokena Development Site   
Plat Map of 199 Acre Mokena Development Site
Plat Map reprinted with permission of Rockford Map Publishers, Inc.

199 Acre Aerial Map of Mokena Development parcel   
199 Acre Aerial Map of Mokena Development parcel

Area Map 199 Acre Mokena Development Property, New Lenox Township, Will County   
Area Map 199 Acre Mokena Development Property, New Lenox Township, Will County

Savvy Suburbanites Demographics   
Savvy Suburbanites Demographics

Executive Summary of Demographics for Mokena Illinois   
Executive Summary of Demographics for Mokena Illinois

Mokena Executive Summary page 2   
Mokena Executive Summary page 2

199 Acre Mokena Development Property FSA Aerial Map   
199 Acre Mokena Development Property FSA Aerial Map

199 AC Mokena Development Property All Soils Map   
199 AC Mokena Development Property All Soils Map

199 AC Mokena Development Property Topo Hillshade Map   
199 AC Mokena Development Property Topo Hillshade Map

199 AC Mokena Development Property Topo Contours Map   
199 AC Mokena Development Property Topo Contours Map

199 AC Mokena Development Property Topo Map   
199 AC Mokena Development Property Topo Map

FEMA Report 199 Acre Mokena Development Property, New Lenox Township, Will County   
FEMA Report  199 Acre Mokena Development Property, New Lenox Township, Will County

199 Acre Flood Plan Map   
199 Acre Flood Plan Map

199 AC Mokena Development Property Wetlands Map   
199 AC Mokena Development Property Wetlands Map

Listing Details

 

General Information

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
Possible Uses: Agriculture and Residential or Business development
Zoning: Zoned Agriculture
 

Area & Location

School District: Mokena School District 159
New Lenox School District 122
Lincoln Way Community High School District 210
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

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
Available Utilities: All utilities are available at the sites
 

Financials

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
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
 

Location

Address: W. Reagan Road
Mokena, IL 60448
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.

Mark Goodwin Illinois Land Broker
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.