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RARE INVESTMENT OPPORTUNITY
4 beautifully maintained 12-unit buildings.
High demand Lincoln-way Central High School.
Walking distance to Mokena Metra Station.
Near I-80 and other major Chicago highways.
No extended vacancies.
PROPERTY HIGHLIGHTS
48 Apartment units in Mokena, Illinois
List Price$6.47M
10741 Mary LaneMokena, IL 60448
Presented by:
Ellsworth Partners, LLCMatt Calvo
(630) 995 - [email protected]
INVESTMENT OVERVIEW
List price: $6,470,000
6.00% cap
Gross Rent: $560,000
In-place NOI: $390,000
Will County (very near Cook)
$93,000 Real Estate Taxes
Approximately 2.75 total acres
High-Demand for vacant units resulting in no vacancies
Ellsworth Partners, LLCMatt Calvo
(630) 995 - [email protected]
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Each building is approximately 12,000 sq. ft. and has twelve units:
Ten - 2 bedrooms, 1 bath (910 sq. ft.) units
Two - 1 bedroom, 1 bath (810 sq. ft.) units
Common area washers/dryers on first floor
PROPERTY DETAILSEllsworth Partners, LLC
Matt Calvo(630) 995 - 3605
Year built: 1978
Garage Spaces: 13 (Six 2-car garages and one 1-car garage)
Parking lot Spaces: About 75
Roof Type: Flat (4 new roofs - 2016)
Forced Air Heat and A/C
Three of four HVAC units were replaced in 2016, the fourth was replaced in 2009
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Half a mile from the Mokena Metra Station
2.5 miles from I-80 ramp
8 miles to I-57
Site is contiguous to Downtown Mokena
LOCATION OVERVIEWEllsworth Partners, LLC
Matt Calvo(630) 995 - 3605
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SCHOOL INFORMATIONEllsworth Partners, LLC
Matt Calvo(630) 995 - 3605
(The information on the following two pages was compiled from www.niche.com)
Lincoln-Way Central High School
1,870 Students and a 17:1 student-teacher ratio
Niche rated as the #3 public high school in Will County (Lincoln-Way’s East and West are #1 and #2 respectively)
Rated #57 of 933 best high school sports in Illinois
#47 of 666 best public high school tea-chers in Illinois
#73 of 684 best public high schools in Illi-nois
4-year high school graduation rate: 98% (according to greatschools.org)
Academics: A
Teachers: A
Clubs & Activities: A+
Diversity: C+
College Prep: A-
Health & Safety: A
Niche Grades
Overall Grades: A
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SCHOOL INFORMATIONEllsworth Partners, LLC
Matt Calvo(630) 995 - 3605
Pre-K & K-3: Mokena Elementary School
6-8: Mokena Junior High School
4-5: Mokena Intermediate School
688 Students and 17:1 student-teacher ratio
Teachers Grade: B
Academics Grade: B
Overall Niche Grade: B-
306 Students and 14:1 student-teacher ratio
Teachers Grade: B+
Academics Grade: B
Overall Niche Grade: B
575 Students and 14:1 student-teacher ratio
Teachers Grade: A-
Academics Grade: B
Overall Niche Grade: B
Mokena Elemantary and Intermediate
Schools
Lincoln-Way Central High School
Mokena Junior High School
APARTMENTS
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MOKENA, ILLINOIS DEMOGRAPHICSEllsworth Partners, LLC
Matt Calvo(630) 995 - 3605
(The information on this page was compiled from www.city-data.com)
Population in 2014: 19,477 (Up 33% since 2000)
Median resident age: 41.4 years
Estimated per capita income in 2016: $41,773
Mean prices in 2016: All housing units: $300,000; Detached houses: $330,000; Townhouses or other attached units: $230,000; In 3-4-unit structures: $245,000; In 5-or-more-unit structures: $115,000
$350,000
$300,000
$250,000
Mokena
Illinois
$200,000
$150,000
$100,000
$50,000
Estimated Median Household Income
(2016)
Estimated Median House or Condo Value
(2016)
$0
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MOKENA, ILLINOIS DEMOGRAPHICSEllsworth Partners, LLC
Matt Calvo(630) 995 - 3605
(The information on this page was compiled from www.areavibes.com)
On average, housing costs in Mokena are 40% higher than the national average and 45% higher than the Illinois average
As shown on the charts below, crime rates and unemployment in Mokena are much lower than both the Illinois and National averages
Property Crime
Violent Crime
Total Crime
0
0% 5% 10% 15% 20%
500 1000 1500 2000 2500 3000
Poverty Level
Unemployment Rate
National / 100k people
Illinois / 100k people
Mokena / 100k people
Mokena
National
Illinois
9
