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Mokena, IL - Action Behavior Center

$3,731,000

19150 88th Ave, Mokena, IL 60448

Active
Last Updated: 11/12/2025

6.75

Cap Rate

251,838

NOI

Details:
Cap Rate:    6.75%
NOI:    $251,838
Building Size:    7,407 sqft
Lot Area:    0.18 acres
Occupancy:    100%
Year Built:    2006
Zoning:    C-1A: General Commercial District
Description:

SRS Real Estate Partners-Midwest, LLC is pleased to offer the opportunity to acquire the fee simple interest in a newly leased NNN investment property in Mokena, Illinois, a desirable suburb of the Chicago MSA. As part of a condominium project, the property includes an undivided interest in the project’s shared common elements, including the parking lot.
The tenant, Action Behavior Centers Therapy LLC, recently signed a brand-new 7-year lease with two (2) additional 5-year renewal options. The lease includes 3% annual rental increases throughout the primary term and options, offering built-in NOI growth and an inflation hedge. In 2025, $777,000 was invested into the property through landlord and tenant improvements, including roof replacement, HVAC replacement, and a full interior remodel to Action Behavior Centers’ brand specifications. Structured as NNN with minimal landlord responsibilities, this is an ideal, low-touch investment for passive or out-of-state buyers.

Positioned on S. 88th Ave (6,900 VPD), between its intersections with 192nd St and W. 191st St (15,500 VPD), the property offers strong visibility and access just minutes from US-45 (49,800 VPD) and I-80 (102,900 VPD). The location is surrounded by established residential neighborhoods and a cluster of nearby schools, creating steady demand for therapy services. The asset sits near Brookside Marketplace, a high-performing Target-anchored center with 5.9M+ annual visits, ranking in the 94th percentile in Illinois, along with nearby centers like Mokena Town Square and Hickory Creek Marketplace, enhancing foot traffic and long-term value. Located in the 9.3M-population Chicago MSA, home to 30+ Fortune 500 companies and a diverse economic base, the property benefits from robust demographics, infrastructure, and long-term real estate fundamentals. The 5-mile trade area features over 152,100 residents, 71,900 employees, and average household incomes exceeding $140,000, reinforcing the asset’s long-term investment appeal.

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