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    Kankakee, IL

    Kankakee, IL Commercial Real Estate for Sale

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    Bradley, IL Bourbonnais, IL St Anne, IL Chebanse, IL Manteno, IL Momence, IL Martinton, IL Pembroke Township, IL
    17 properties
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    Truck Terminal with Cold Storage
    Updated: Jun 1
    Truck Terminal with Cold Storage

    339 W Issert Drive W, Kankakee, IL 60901

    $3,999,999
    4.00 AC lot
    4‑acre truck terminal completed in 2022 with 8,000 square feet of improvements
    3,400‑square‑foot freezer area with 14‑foot interior height
    10 unloading docks with sheltered 10‑foot overhead doors
    Four tractor/trailer drive‑through bays with 14‑by‑14‑foot doors
    10,000‑gallon underground fiberglass fuel tank and 60,000‑watt Kohler generator
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    Mixed-Use Property with Central Air
    Updated: Jan 3
    Mixed-Use Property with Central Air

    242 W Jeffery Street, Kankakee, IL 60901

    $560,000
    0.30 AC lot
    Commercial and residential components
    0.298‑acre parcel
    Central air conditioning
    Constructed in 1950
    242 W Jeffery Street, Kankakee, IL 60901
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    Mixed-Use Property with Outdoor Venue
    Mixed-Use Property with Outdoor Venue

    5896 State RT 17 Hwy, Kankakee, IL 60901

    $425,000
    3,500 sqft 0.39 AC lot

    Two apartments accompany an established hospitality layout with kitchen, bar, seating, and entertainment areas.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Truck Terminal with Cold Storage
    Truck Terminal with Cold Storage

    339 W Issert Dr W, Kankakee, IL 60901

    $3,999,999
    8,000 sqft 4.00 AC lot

    Modern truck terminal combining refrigerated storage, repair bays, offices, and onsite fueling infrastructure.

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    Commercial Land Parcel
    Commercial Land Parcel

    455 N Indiana Avenue, Kankakee, IL 60901

    Contact for pricing
    0.16 AC lot

    Vacant commercial lot with nearby utility hookups for future business development.

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    C2 Commercial Land
    C2 Commercial Land

    1178-1164 S Washington Avenue, Kankakee, IL 60901

    Contact for pricing

    Commercial land with access to major roads and C2 zoning.

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    Bank Building with Drive-Through
    Bank Building with Drive-Through

    1370 W Court St, Kankakee, IL 60901

    $369,000
    1,550 sqft

    Existing bank improvements include teller lines, a vault, customer lobby, kitchenette, and dedicated office space.

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    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 AC lot

    4.05 acres of commercial land for sale.

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    Storefront Retail Property
    Storefront Retail Property

    242 W Jeffery St, Kankakee, IL 60901

    $560,000

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

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    Improved Interstate Commercial Land
    Improved Interstate Commercial Land

    00 Riverstone Parkway, Kankakee, IL 60901

    $120,000

    Fully improved commercial land with utility connections and interstate exposure.

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    Self-Storage Portfolio in Two Locations
    Self-Storage Portfolio in Two Locations

    380 S 7th Ave, Kankakee, IL

    Contact for pricing
    20,880 sqft 1.09 AC lot

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

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    Storefront Retail Property
    Storefront Retail Property

    354 S East Avenue, Kankakee, IL 60901

    $179,900

    For sale storefront retail property located on South East Avenue in Kankakee, Illinois.

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    Riverfront Commercial Land
    Riverfront Commercial Land

    1095 W STATE RTE 113, Kankakee, IL 60901

    Contact for pricing

    Commercial land with highway frontage and a riverfront setting within city limits.

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    Commercial Corner Lot
    Commercial Corner Lot

    1-2 Court Street, Kankakee, IL 60901

    Contact for pricing

    Commercial land with electric service at the site and nearby utility connections.

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    Farmland With Interstate Access
    Farmland With Interstate Access

    40 +/- Acres I-57 Kankakee Exit 308 Riverstone Parkway, Kankakee, IL 60901

    Contact for pricing

    Row-crop acreage outside Kankakee city limits with R-1 zoning and nearby retail services.

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    Farm with Historic Farmhouse
    Farm with Historic Farmhouse

    1978 N 2750w Rd, Kankakee, IL 60901

    $473,480

    Agricultural property with a two-story residence and pole building.

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    Corner Commercial Land
    Corner Commercial Land

    504 S Schuyler Avenue, Kankakee, IL 60901

    $179,000

    Three vacant lots offer river views and a corner setting near planned riverfront development.

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    Based on your search, we've compiled Potential Opportunities for your consideration. Besides 17 Active Listings in Kankakee, IL, we suggest to view alternatives - similar 55 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

    Estimated value:
    $125,000
    2.32 AC lot
    View details
    1395 Stanford Dr
    COMMERCIAL (GENERAL)

    1395 Stanford Dr, Kankakee, IL 60901-9413

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

    1198 Schuyler Ave, Kankakee, IL 60901-2107

    Estimated value:
    $210,000
    0.16 AC lot
    View details
    807 Wildwood Ave
    COMMERCIAL (GENERAL)

    807 Wildwood Ave, Kankakee, IL 60901-2582

    Estimated value:
    $305,000
    View details
    1365 Stanford Dr
    COMMERCIAL (GENERAL)

    1365 Stanford Dr, Kankakee, IL 60901-9413

    Estimated value:
    $250,000
    0.53 AC lot
    View details
    592 Schuyler Ave
    COMMERCIAL (GENERAL)

    592 Schuyler Ave, Kankakee, IL 60901-2440

    Estimated value:
    $305,000
    View details
    1690 Maple St
    COMMERCIAL (GENERAL)

    1690 Maple St, Kankakee, IL 60901-4429

    Estimated value:
    $250,000
    0.23 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 17 active listings on our real estate platform. These investment opportunities span a total of 33,934 square feet of properties for sale, with an estimated market value of $11,116,378.

    Sale prices for business properties in Kankakee, IL start at $120,000, averaging $1,010,579, 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.

    Kankakee, IL CRE market trends — vacancy, lease rates and price per SF, updated monthly
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    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 $794K

    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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