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    Kankakee, IL
    Flex Space

    Kankakee, IL Flex Space for Sale

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    Bradley, IL Bourbonnais, IL St Anne, IL Manteno, IL Chebanse, IL Custer Park, IL Momence, IL Pembroke Township, IL
    Industrial Flex Warehouse Building
    Updated: Jul 1, 2025
    Industrial Flex Warehouse Building

    1240 Stanford Drive, Kankakee, IL 60901

    $499,000
    7,200 sqft
    7,200 SF industrial building with 4,000 SF warehouse plus 1,500 SF office space on both levels (total 3,000 SF office).
    Warehouse includes a 14'x12' drive‑in door for loading and unloading.
    Dual electrical service: 200 amp, 240V 3‑phase and 400 amp, 480V 3‑phase power.
    New roof with a 20‑year warranty; HVAC (central air) and other HVAC/AC systems reported in great condition.
    Zoned Industrial; described suitable for light manufacturing, storage, or service business use.
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    Mixed-Use Industrial and Residential Building
    Updated: Apr 11
    Mixed-Use Industrial and Residential Building

    257 South West Avenue, Kankakee, IL 60901

    Contact for pricing
    18,000 sqft
    Commercial building with sheet metal business space plus 5 upstairs apartments
    Total size approx. 18,000+/- SF, with most recent addition in 1997 adding approx. 4,200 SF
    2 of the 5 apartments were redone with high‑end industrial finishes (1B/1B) featuring SS appliances and in‑unit laundry
    Open bay shop with I‑beam construction, 440V electrical, and an 18 ft overhead door
    Includes multiple offices and storage plus a 715 SF basement used for storage
    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 2 Active listings in Kankakee, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, 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.

    Construction Equipment Showroom & Shop
    Construction Equipment Showroom & Shop

    26336 Heritage Drive, Elwood, IL 60421

    $3,495,000
    3.29 AC lot

    Nearly new 10,985 SF facility with showroom offices, heated shop, wash bay, and multiple overhead doors on fenced yard.

    View details
    Equipment Dealership Flex Facility
    Equipment Dealership Flex Facility

    26336 S HERITAGE DR, Elwood, IL 60421

    Contact for pricing
    10,985 sqft 3.29 AC lot

    Nearly new 10,985 SF flex facility with showroom offices, high-clear shop, multiple overhead doors, and secure fenced yard.

    View details
    Industrial Warehouse with Drive-In Doors
    Industrial Warehouse with Drive-In Doors

    12521-12531 W. Horseshoe Drive, New Lenox, IL 60451

    Contact for pricing
    12,523 sqft

    Five fire-walled warehouse units are fully leased, each with overhead door access and unit heaters.

    View details
    Fire-Walled Flex/Warehouse Investment
    Fire-Walled Flex/Warehouse Investment

    12521 W Horseshoe Dr, New Lenox, IL 60451

    $2,450,000

    Five fire-walled, fully leased warehouse and office units feature masonry construction, unit heaters, and 14x14 overhead doors.

    View details

    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.

    Orland Park Commercial Parcel
    Orland Park Commercial Parcel

    15459 S 70th Court, Orland Park, IL 60462

    $449,900
    1.10 AC lot

    1.01-acre commercial parcel in Orland Park's Business District.

    View details
    Orland Park Industrial Land Available
    Orland Park Industrial Land Available

    15459 S 70th Court, Orland Park, IL 60462

    $449,900
    1.10 AC lot

    1.1 acre industrial land for sale in Orland Park.

    View details
    Industrial Redevelopment Land Site
    Industrial Redevelopment Land Site

    1744 S County Road 1050 E, Indianapolis, IN 46231

    $650,000
    4.24 AC lot

    Redevelopment land totaling 4.24 acres zoned for industrial use with utilities on or near the site and access potential.

    View details
    Light Industrial Development Land
    Light Industrial Development Land

    850 N, Ossian, IN 46777

    $203,500
    8.14 AC lot

    8.14-acre light industrial site within Ossian city limits, with city utilities available and build-to-suit options.

    View details

    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.

    200 Schuyler Ave
    Flex space

    200 Schuyler Ave, Kankakee, IL 60901

    Value Estimation by Request
    99,022 sqft
    View details

    Kankakee, IL Flex Space Market Trends and Statistics

    Explore 3 flex space for sale in Kankakee, IL on our real estate platform. These investment opportunities span a total of 25,200 square feet of properties for sale, with an estimated market value of $499,000.

    Sale prices for business spaces in Kankakee, IL average $499,000 — 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

    Flex space 3
    Truck terminals 2
    Distribution centers 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 $4M

    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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