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Kankakee, IL Banks for Sale

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Bradley, IL Bourbonnais, IL Aroma Park, IL St Anne, IL Manteno, IL Chebanse, IL Bonfield, IL Custer Park, IL
Former Bank Branch For Sale
Updated: May 8
Former Bank Branch For Sale

101 Meadowview Center, Kankakee, IL 60901

$500,000
7,231 sqft
Drive‑thru infrastructure already in place.
Ideal for various uses: coffee shop, quick service restaurant, medical, office, or other retail.
Centrally located in Kankakee, minutes from downtown and 2 miles from I‑57.
Surrounded by other retail including Classic Cinemas, Planet Fitness, and City Trends.
Located near Olivet Nazarene University, Bradley‑Bourbonnais High School and Bishop McNamara High School.
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Bank Branch with Drive-Through
Updated: Nov 6, 2025
Bank Branch with Drive-Through

1370 W Court St, Kankakee, IL 60901

$369,000
Prime location with high traffic and easy accessibility.
Fully equipped for a financial institution: drive‑through, office, teller lines, kitchenette, and vault.
Versatile building suitable for a variety of businesses.
Ready for immediate use as a bank or credit union.
Profitable investment opportunity for entrepreneurs.
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Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Kankakee, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Bank Investment Property with NNN Lease
Bank Investment Property with NNN Lease

303 Section Line Road, Manteno, IL 60950

$2,890,000

Fee simple bank property leased on an absolute NNN basis with Midland States Bank and a long remaining term.

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High-Traffic Retail Corridor Opportunity
High-Traffic Retail Corridor Opportunity

5231 S Pulaski Rd, Chicago, IL

$3,169,800
6,600 sqft 1.14 AC lot

Retail property in high-traffic Chicago location near transportation.

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Bank of America Investment Opportunity
Bank of America Investment Opportunity

251 E Maple St, New Lenox, IL

$5,704,000
5,773 sqft 1.63 AC lot

NN+ leased fee interest in Bank of America branch.

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Hard Corner Bank Building
Hard Corner Bank Building

2357 W North Avenue, Chicago, IL 60647

$549,900

For sale bank and retail commercial property located on the hard southeast corner of Western and North Avenues.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Richmond, KY Out Parcel Land
Richmond, KY Out Parcel Land

2072 Merchant Drive, Richmond, KY 40475

$1,400,000
1.71 AC lot

1.71 acre outparcel ideal for retail, restaurant, or office.

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Hard-Lighted Corner Development Site
Hard-Lighted Corner Development Site

-- Highway 412, E Kenwood, Siloam Springs, AR 72761

$735,000
8,252 sqft 1.47 AC lot

Entitled, turn-key development parcel with hard-lighted corner and highway frontage off Hwy 412 for multiple commercial uses.

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Commercial Land in Terrytown
Commercial Land in Terrytown

121 Holmes Boulevard, Terrytown, LA 70056

$65,000

Vacant commercial land ready for development in Terrytown, Louisiana.

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Cape Coral Commercial Land Opportunity
Cape Coral Commercial Land Opportunity

Del Prado Blvd N & De Navarra Pkwy, Cape Coral, FL 33909

$1,692,300
2.59 AC lot

Corner property near US 41, approved for development.

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Kankakee, IL Banks Market Trends and Statistics

Explore 2 banks for sale in Kankakee, IL on our real estate platform. These investment opportunities span a total of 7,231 square feet of properties for sale, with an estimated market value of $500,000.

Sale prices for bank buildings in Kankakee, IL start at $500,000, averaging $500,000, and reaching up to $500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Automotive properties 2
Banks 2
Grocery and convenience stores 2
Storefront properties 2
Auto shops 1

Demographics Overview

Population 33K
Population Growth (5Y) -6.4%
Median Household Income $54,557
College Educated 22.6%

High-Yield Neighborhoods for Investment

Identify Kankakee submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
60901 $500K

Taxes & Financing

Tax Rate (average for all types) 11.80%
Tax Rate vs County Average 2.50 pp above county avg
Average Loan-to-Value 65.0%

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