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    Kankakee County, IL Grocery And Convenience Stores for Sale

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    Chicago, IL Springfield, IL Rockford, IL
    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.
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    This listing looks promising.

    Here's a quick look at some key insights for

    590 S Washington Avenue, Kankakee, IL 60901

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    • 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
    Storefront Retail Property
    Updated: Jan 3
    Storefront Retail Property

    242 W Jeffery Street, Kankakee, IL 60901

    $560,000
    Central air conditioning
    Year built: 1950
    For‑sale storefront retail property suited for convenience and grocery‑style uses
    View details
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Kankakee County, IL, we suggest exploring several alternatives: plus 4 Land Listings that present a potential for development.

    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.

    Commercial Lot with High Visibility
    Commercial Lot with High Visibility

    Lot 11 East Mississippi Avenue, Elwood, IL 60421

    $150,000
    4.72 AC lot

    Corner commercial lot in high-traffic area, ideal for development.

    View details
    Commercial Land in Crete, Illinois
    Commercial Land in Crete, Illinois

    S Country Lane lot: 14, Crete, IL 60417

    $55,000
    1.01 AC lot

    1.01 acre commercial lot with B4 zoning near I-394.

    View details
    Cedar Lake B-3 Zoned Land
    Cedar Lake B-3 Zoned Land

    13951 Alexander Street, Cedar Lake, IN 46303

    $397,300
    1.35 AC lot

    1.35 acre B-3 zoned lot in Cedar Lake, Indiana.

    View details
    18.76 Acres For Redevelopment
    18.76 Acres For Redevelopment

    1500 West Lincoln Highway, New Lenox, IL 60451

    $12,500,000
    18.76 AC lot

    18.76 acres for redevelopment at I-80 and Route 30.

    View details

    Kankakee County, IL Grocery And Convenience Stores Market Trends and Statistics

    Explore 2 grocery and convenience stores for sale in Kankakee County, IL on our real estate platform. These investment opportunities span a total of 1,100 square feet of properties for sale, with an estimated market value of $125,000.

    Sale prices for supermarkets in Kankakee County, IL start at $125,000, averaging $125,000, and reaching up to $125,000 — 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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