Advertise
    Kankakee, IL

    Kankakee, IL Commercial Real Estate for Sale

    Notify Me
    List
    Map
    Bradley, IL Bourbonnais, IL Aroma Park, IL
    19 properties
    Sort:
    Kankakee Redevelopment Opportunity
    Updated: Aug 7, 2025
    Kankakee Redevelopment Opportunity

    590 S Washington Avenue, Kankakee, IL 60901

    $125,000
    1,100 sqft · 0.30 AC lot
    Ideal corner location with great visibility and access.
    Redevelopment opportunity in downtown Kankakee.
    Large +/-13,000 sq ft lot with dual alley access.
    Across from Kankakee River.
    Suitable for auto service or sit‑down restaurant.
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    590 S Washington Avenue, Kankakee, IL 60901

    View Property Analytics

    • Est. Cap Rate

      6.1%
      Above avg (5.9%)

    • Est. NOI

      $8K
      Annual

    • Price @ 7% Cap

      $108K
      Suggested

    • Last Sold

      Jul 2021
      $621K
    View Property Analytics
    Trucking Facility with Cold Storage
    Updated: Jun 1
    Trucking Facility with Cold Storage

    339 W Issert Drive W, Kankakee, IL 60901

    $3,999,999
    4.00 AC lot
    Completed in 2022 trucking facility with 8,000 SF warehouse, freezer storage, repair shop, and office
    Includes 3,400 SF freezer area with 14‑foot inside height
    10 unloading docks with sheltered 10' OHD plus 4 tractor/trailer drive‑through bays
    Fuel depot with 10,000‑gallon underground fiberglass tank for transport loads
    4‑acre site with 80,000 LB truck parking base and 900 SF office
    View details
    Turnkey Truck Repair & Parking Facility
    Turnkey Truck Repair & Parking Facility

    1781 E Risser St., Kankakee, IL 60901

    $2,400,000
    160,000 sqft · 8.00 AC lot

    8-acre industrial property with repair facilities and ample parking.

    View details
    Indus-Zoned Retail Building
    Indus-Zoned Retail Building

    150 E Brookmont Boulevard, Kankakee, IL 60901

    $255,000
    0.50 AC lot

    Indus-zoned retail building previously used for banquets, minutes from I-57, suited for flexible commercial use.

    View details
    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Former Bank Branch For Sale
    Former Bank Branch For Sale

    101 Meadowview Center, Kankakee, IL 60901

    $500,000
    7,231 sqft

    Former bank branch with drive-thru, ideal for retail.

    View details
    Mixed-Use Property with Commercial and Residential
    Mixed-Use Property with Commercial and Residential

    242 W Jeffery Street, Kankakee, IL 60901

    $560,000
    0.30 AC lot

    For sale mixed-use asset combining commercial space and residential income potential on a 0.298-acre lot.

    View details
    Truck Terminal with Cold Storage
    Truck Terminal with Cold Storage

    339 W Issert Drive W, Kankakee, IL 60901

    $3,999,999
    8,000 sqft

    Newer trucking facility built in 2022 offering dock-high cold storage, repair space, offices, and fuel capacity.

    View details
    Storefront Retail Property
    Storefront Retail Property

    242 W Jeffery Street, Kankakee, IL 60901

    $560,000

    For-sale storefront retail property suited for convenience and grocery-style uses.

    View details
    Kankakee Office Building For Sale
    Kankakee Office Building For Sale

    130 S Dearborn Ave, Kankakee, IL

    $499,000
    7,407 sqft · 0.33 AC lot

    7,407 SF office building in Kankakee, Illinois.

    View details
    Downtown Kankakee Office Building
    Downtown Kankakee Office Building

    8 Dearborn Square, Kankakee, IL 60901

    $449,000
    43,000 sqft

    43,000 SF office building in downtown Kankakee for sale.

    View details
    Kankakee Land For Sale
    Kankakee Land For Sale

    455 N Indiana Avenue, Kankakee, IL 60901

    Contact for pricing
    0.16 AC lot

    Spacious lot zoned C2, ideal for new business.

    View details
    Bank Branch with Drive-Through
    Bank Branch with Drive-Through

    1370 W Court St, Kankakee, IL 60901

    $369,000

    Prime location equipped for bank or adaptable for retail.

    View details
    Self-Storage Portfolio in Two Locations
    Self-Storage Portfolio in Two Locations

    380 S 7th Ave, Kankakee, IL

    $1,499,727
    20,880 sqft · 1.09 AC lot

    Two self-storage facilities with upside potential in Illinois and Indiana.

    View details
    4.05 Acres on Schuyler Avenue
    4.05 Acres on Schuyler Avenue

    2705 S Schuyler Ave, Kankakee, IL 60901

    $250,000
    4 sqft

    4.05 acres of commercial land for sale.

    View details
    Downtown Kankakee Commercial Building For Sale
    Downtown Kankakee Commercial Building For Sale

    217 E Court Street, Kankakee, IL 60901

    $99,900
    7,200 sqft

    7,200 SF commercial building in the heart of Downtown Kankakee.

    View details
    Downtown Kankakee Office Building
    Downtown Kankakee Office Building

    6 Dearborn Square, Kankakee, IL 60901

    $499,000
    14,640 sqft

    14,640 SF office building in downtown Kankakee for sale.

    View details
    Retail Property in Kankakee, IL
    Retail Property in Kankakee, IL

    793-797 N 5th Ave, Kankakee, IL

    $249,900
    5,200 sqft · 0.17 AC lot

    Retail property available for sale in Kankakee, Illinois.

    View details
    4.05 Acre Outlot For Sale
    4.05 Acre Outlot For Sale

    2705 S Schuyler Ave, Kankakee, IL 60901

    $250,000
    4.05 AC lot

    Commercial land outlot adjacent to Aldi store available for sale.

    View details
    Commercial Land For Sale
    Commercial Land For Sale

    1292 West Station Street, Kankakee, IL 60901

    Contact for pricing
    4,000 sqft

    Commercial land available for sale.

    View details
    Based on your search, we've compiled Potential Opportunities for your consideration. Besides 19 Active Listings in Kankakee, IL, we suggest to view alternatives - similar 53 Off-Market properties to explore as potential leads.

    Off-Market Properties in Kankakee, IL

    Consider similar Off-Market properties in Kankakee, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    2864 State Rte 17
    COMMERCIAL (GENERAL)

    2864 State Rte 17, Kankakee, IL 60901-7965

    Value Estimation by Request
    2.32 AC lot
    View details
    1395 Stanford Dr
    COMMERCIAL (GENERAL)

    1395 Stanford Dr, Kankakee, IL 60901-9413

    $800,000
    Estimated value
    0.96 AC lot
    View details
    1198 Schuyler Ave
    COMMERCIAL (GENERAL)

    1198 Schuyler Ave, Kankakee, IL 60901-2107

    Value Estimation by Request
    0.16 AC lot
    View details
    807 Wildwood Ave
    COMMERCIAL (GENERAL)

    807 Wildwood Ave, Kankakee, IL 60901-2582

    Value Estimation by Request
    View details
    1365 Stanford Dr
    COMMERCIAL (GENERAL)

    1365 Stanford Dr, Kankakee, IL 60901-9413

    Value Estimation by Request
    0.53 AC lot
    View details

    Kankakee, IL Commercial Real Estate Market Trends and Statistics

    Explore 72 commercial real estate for sale in Kankakee, IL, showcased through 19 active listings on our real estate platform. These investment opportunities span a total of 285,407 square feet of properties for sale, with an estimated market value of $11,291,326.

    Sale prices for business properties in Kankakee, IL start at $99,900, averaging $806,523, and reaching up to $3,999,999 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    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 $887.4K

    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%

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Browse Commercial real estate for Sale Near Kankakee, IL

    Popular Searches in Kankakee, IL

    Popular Categories

    Most Searched ZIP Codes in Kankakee, IL

    • 60901

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!