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    Kankakee, IL
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    Kankakee, IL Grocery And Convenience Stores for Sale

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    Bradley, IL Bourbonnais, IL Aroma Park, IL
    Storefront Retail Property
    $560,000
    Storefront Retail Property

    242 W Jeffery Street, Kankakee, IL 60901

    For-sale storefront retail property suited for convenience and grocery-style uses.
    • Central air conditioning
    • Year built: 1950
    • For‑sale storefront retail property suited for convenience and grocery‑style uses
    Updated: Jan 3
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    Kankakee Redevelopment Opportunity
    $125,000
    1,100 SF
    Kankakee Redevelopment Opportunity

    590 S Washington Avenue, Kankakee, IL 60901

    Former gas station/convenience store ideal for redevelopment.
    • 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.
    Updated: Aug 7, 2025
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 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.

    Dollar General Redevelopment Opportunity
    $1,310,000
    12,855 SF
    Dollar General Redevelopment Opportunity

    Dollar General NNN investment in Calumet City, Illinois.

    626 River Oaks Drive, Calumet City, IL 60409

    View details
    Calumet City Commercial Property For Sale
    $224,900
    Calumet City Commercial Property For Sale

    Commercial property for sale in Calumet City, Illinois.

    635 Burnham Avenue, Calumet City, IL 60409

    View details
    Halal Slaughterhouse and Retail Markets
    $2,100,000
    5,104 SF
    Halal Slaughterhouse and Retail Markets

    Vertically integrated Zabiha Halal meat operation with expansion potential.

    15921 Weber Road B, Crest Hill, IL 60403

    View details
    Halal Slaughterhouse and Retail Markets
    $2,100,000
    Halal Slaughterhouse and Retail Markets

    Vertically integrated Zabiha Halal meat operation with expansion potential.

    15921 Weber Road #B, Crest Hill, IL 60403

    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 Lot with High Visibility
    $150,000
    4.72 Acres
    Commercial Lot with High Visibility

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

    Lot 11 East Mississippi Avenue, Elwood, IL 60421

    View details
    Commercial Land in Crete, Illinois
    $55,000
    1.01 Acres
    Commercial Land in Crete, Illinois

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

    S Country Lane lot: 14, Crete, IL 60417

    View details
    Cedar Lake B-3 Zoned Land
    $397,300
    1.35 Acres
    Cedar Lake B-3 Zoned Land

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

    13951 Alexander Street, Cedar Lake, IN 46303

    View details
    Cedar Lake B-3 Zoned Land
    $357,300
    1.44 Acres
    Cedar Lake B-3 Zoned Land

    1.44 acre B-3 zoned lot in Railside Business Park.

    13861 Alexander Street, Cedar Lake, IN 46303

    View details

    Kankakee, IL Grocery And Convenience Stores Market Trends and Statistics

    Explore 2 grocery and convenience stores for sale in Kankakee, 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, 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Automotive properties 2
    Grocery and convenience stores 2
    Storefront properties 2
    Auto shops 1
    Banks 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 $125K

    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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