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    Kankakee, IL
    Grocery Store

    Kankakee, IL Grocery And Convenience Stores for Sale

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    Bradley, IL Bourbonnais, IL St Anne, IL Chebanse, IL Manteno, IL Momence, IL Pembroke Township, IL Herscher, IL
    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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    Retail Storefront with Kitchen
    Updated: Apr 11
    Retail Storefront with Kitchen

    330 West Station Street, Kankakee, IL 60901

    Contact for pricing
    2,500 sqft
    2,500 SF commercial retail storefront with an on‑site kitchen
    Reported traffic count of over 7,000 VPD for visibility
    Extra buildable lot included in the sale price
    Suitable for a convenient store concept with kitchen on‑site
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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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    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 3 Active listings in Kankakee, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

    Shopping Center with Highway Frontage
    Shopping Center with Highway Frontage

    5914 E State Road 10, Demotte, IN 46310

    $4,350,000
    57,905 sqft 8.25 AC lot

    Fully leased shopping center anchored by Sav-A-Lot and Dollar Tree with easy access near I-65.

    View details
    Grocery-Anchored Retail Center
    Grocery-Anchored Retail Center

    5914 E State Road 10, Demotte, IN 46310

    $4,350,000
    57,905 sqft

    Lake Holiday Plaza is a fully leased retail shopping center anchored by Sav-A-Lot and Dollar Tree.

    View details
    Dollar General Redevelopment Opportunity
    Dollar General Redevelopment Opportunity

    626 River Oaks Drive, Calumet City, IL 60409

    $1,310,000
    12,855 sqft 0.66 AC lot

    Dollar General NNN investment in Calumet City, Illinois.

    View details
    Calumet City Commercial Property For Sale
    Calumet City Commercial Property For Sale

    635 Burnham Avenue, Calumet City, IL 60409

    $224,900

    Commercial property for sale in Calumet City, Illinois.

    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.

    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.

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    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
    Commercial Development Land Parcel
    Commercial Development Land Parcel

    19611 Crawford Avenue, Flossmoor, IL 60422

    $399,800
    2.53 AC lot

    A 2.53-acre commercial-zoned parcel suitable for neighborhood-oriented retail or service development.

    View details
    Land Near Hammond Landmarks
    Land Near Hammond Landmarks

    6850 Indianapolis Blvd, Hammond, IN 46324

    $450,000
    0.45 AC lot

    0.45 acre land near YMCA, sports complex, Purdue campus.

    View details

    Kankakee, IL Grocery And Convenience Stores Market Trends and Statistics

    Explore 3 grocery and convenience stores for sale in Kankakee, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 2,500 square feet of properties for sale, with an estimated market value of $1,120,000.

    Sale prices for supermarkets in Kankakee, IL average $560,000 — 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

    Storefront properties 4
    Automotive properties 3
    Grocery and convenience stores 3
    Auto shops 2
    Banks 2

    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 $560K

    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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