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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 Pembroke Township, IL Herscher, IL
    31 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
    8,000‑square‑foot facility completed in 2022
    3,400‑square‑foot freezer area with 14 Foot inside Height
    10 unloading docks with sheltered 10' OHD
    Four tractor/trailer drive‑through bays with 14X14 doors
    10,000 gallon underground fiberglass fuel tank
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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
    Mixed‑use property with commercial and residential components
    0.298‑acre parcel
    Central Air cooling system
    Built in 1950
    Located at 242 W Jeffery Street, Kankakee, IL 60901
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    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.

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    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.

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    Specialty Event Banquet Facility
    Specialty Event Banquet Facility

    150 E Brookmont Boulevard, Kankakee, IL 60901

    $255,000
    0.50 AC lot

    Previously used as a banquet venue, the property is zoned INDUS for multiple potential commercial uses.

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    Commercial Zoned Land Parcel
    Commercial Zoned Land Parcel

    1178-1164 S Washington Avenue, Kankakee, IL 60901

    Contact for pricing

    Commercially zoned land with easy access and quick connection to major roads, offered as a standalone or package.

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    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.

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    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.

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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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    Retail Investment Property
    Retail Investment Property

    255 East Station Street, Kankakee, IL 60901

    Contact for pricing
    4,000 sqft

    Retail property offered for sale with a stated 4,000 SF and 6.50% cap rate.

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    Retail Storefront with Kitchen
    Retail Storefront with Kitchen

    330 West Station Street, Kankakee, IL 60901

    Contact for pricing
    2,500 sqft

    Retail storefront for sale with an on-site kitchen and reported traffic count over 7,000 VPD.

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    Downtown Kankakee Commercial Building For Sale
    Downtown Kankakee Commercial Building For Sale

    217 E Court Street, Kankakee, IL 60901

    Contact for pricing
    7,200 sqft

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

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    Two-Story Flex Warehouse with Storage
    Two-Story Flex Warehouse with Storage

    15 W Industrial Dr, Kankakee, IL 60901

    Contact for pricing
    18,850 sqft 1.72 AC lot

    Two-building flex property with a showroom, metal construction, and three grade-level doors plus extensive outside storage.

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    Industrial Truck Storage Facility
    Industrial Truck Storage Facility

    2405 Waldron Rd, Kankakee, IL 60901

    Contact for pricing
    7,750 sqft 19.00 AC lot

    Industrial building on 19 acres, zoned I-2, positioned just off I-57 in Kankakee.

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    Multi-Tenant Office Building
    Multi-Tenant Office Building

    555 S Schuyler Ave, Kankakee, IL 60901

    Contact for pricing
    12,000 sqft

    A 12,000-square-foot office building with 15 offices, fully occupied, and tenants responsible for electric.

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    Gas Station with Convenience Store
    Gas Station with Convenience Store

    1815 E Court St, Kankakee, IL 60901

    Contact for pricing
    1.00 AC lot

    For sale gas station and c-store on one acre, with fiberglass fuel tanks and established annual fuel and store sales.

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    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.

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    Ag-1 Farmland Tract with Woods
    Ag-1 Farmland Tract with Woods

    0 South 5000w Road, Kankakee, IL 60901

    $220,000
    20.15 AC lot

    20.15-acre parcel combines open farmland and wooded areas, zoned Ag-1 with city water and electricity available.

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    Shopping Center with Value-Add Lease-Up
    Shopping Center with Value-Add Lease-Up

    1280 Kennedy Dr, Kankakee, IL 60901

    Contact for pricing
    133,157 sqft 15.14 AC lot

    Fee-simple sale of a 133,157 SF retail shopping center on 15.14 acres, currently 66.7% occupied.

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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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    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.

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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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    Banquet-Use Specialty Property
    Banquet-Use Specialty Property

    150 E Brookmont Boulevard, Kankakee, IL 60901

    $255,000

    INDUS-zoned property with a prior banquet use and access minutes from I-57.

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    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.

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    Kankakee, IL Commercial Real Estate Market Trends and Statistics

    Explore 72 commercial real estate for sale in Kankakee, IL, showcased through 31 active listings on our real estate platform. These investment opportunities span a total of 457,212 square feet of properties for sale, with an estimated market value of $14,496,898.

    Sale prices for business properties in Kankakee, IL start at $179,900, averaging $1,035,492, 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.

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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 $825.7K

    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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