Mixed-Use Property with Central
For Sale
$560,000
242 W Jeffery Street, Kankakee, IL 60901
Commercial Sale, Kankakee, IL
Property SizeContact for details
Lot Size0.30 Acres
Days on Market254
Property Features for 242 W Jeffery Street
General Information
Property type
Commercial Sale
Property subtype
Other
Directions
STRAIGHT ON WASHIGNTON AVE THEN TAKE A RIGHT ON W JEFFERY ST PROPERTY WILL BE ON YOUR LEFT
Subdivision
Kankakee
Standard status
Active
APN
16170720500500
Lot size
0.30 Acres
Taxes and HOA fees
Tax Year
2023
Tax Annual Amount
12846
Utilities
Cooling system
Central Air
Building Details
Year built
1950
Floors in Building
2
Number of units
7
Listing Agency:
eXp Realty
(888) 574-9405
Listed By:
Diego Pizano
(815) 523-0842
Added: Jan 3
Changed: Aug 19
Last Checked: Sep 14 at 10:06AM
MLS# 12540003
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This mixed-use property combines commercial and residential components within a building constructed in 1950. Central air conditioning serves the property, and the parcel encompasses 0.298 acres.
Located at 242 W Jeffery Street in Kankakee, Illinois, the property offers a combination of commercial and residential space in a single asset.
Located at 242 W Jeffery Street in Kankakee, Illinois, the property offers a combination of commercial and residential space in a single asset.
Key Highlights
- Commercial and residential components
- 0.298‑acre parcel
- Central air conditioning
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
214
Businesses Nearby
Explore this area
Business Placement
Demographics for 60901, IL
33,628
Population
15,357
Households
2.2
Avg Household Size
39
Median Age
16%
College-Educated
86%
High-School Grad
97.3 sq mi
ZIP Area
346
Density / Sq Mi
$54,557
Median Household Income
$36,244
Median Earnings
$1,020
Median Rent
$143,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Combination commercial and residential property with central air conditioning in Kankakee.
Where is this mixed-use property located?
The property is located at 242 W Jeffery Street Kankakee, IL.
What is the asking price?
The asking price for this property is $560,000.
What are key features of this property?
This property features: Commercial and residential components; 0.298‑acre parcel; Central air conditioning
