Multi-Tenant Shopping
For Sale
Contact for pricing
Pending
1 MEADOWVIEW CENTER, Kankakee, IL 60901
Established retail center with multiple buildings, outlots, national tenants, and drive-thru retail operations.
Property SizeContact for details
Days on Market145
Property Features for 1 MEADOWVIEW CENTER
General Information
Standard status
Pending
Property subtype
Retail
Listing Agency:
Frontline Real Estate Partners
Listed By:
Matthew Tarshis · License #471022713
(847) 542-9058
Source:
Crexi
Added: Apr 11
Changed: Sep 2
Last Checked: Sep 1 at 1:55AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Frontline Real Estate Partners
Investment Insights
Based on property information with market context.
Meadowview Shopping Center is a 139,112-square-foot retail property spanning 31.86 acres. The asset includes three inline multi-tenant buildings, an O'Reilly Auto Parts outlot, a McDonald's outlot with drive-thru, and a two-unit outlot building. Occupancy is 77%, with 23 leases in place, including 21 structured as net leases. Tenants include Planet Fitness, Family Dollar, Citi Trends, O'Reilly Auto Parts, McDonald's, Rent-A-Center, and Athletico. Planet Fitness occupies 20,643 square feet and has been at the center since 2013, with lease term extending into 2026; McDonald's has operated at the property since 1989.
The center is positioned along Kennedy Drive near 5th Avenue in Kankakee, Illinois, with exposure to approximately 43,000 VPD. Multiple curb cuts connect the property to surrounding streets. Interstate-57 is two miles east, the Kankakee Amtrak station is one mile east, and bus stops are located around the property. Nearby destinations include Bishop McNamara High School, Meadowview Theatre Classic Cinemas, Riverside Medical Center, Olivet Nazarene University, and several national retailers.
The center is positioned along Kennedy Drive near 5th Avenue in Kankakee, Illinois, with exposure to approximately 43,000 VPD. Multiple curb cuts connect the property to surrounding streets. Interstate-57 is two miles east, the Kankakee Amtrak station is one mile east, and bus stops are located around the property. Nearby destinations include Bishop McNamara High School, Meadowview Theatre Classic Cinemas, Riverside Medical Center, Olivet Nazarene University, and several national retailers.
Key Highlights
- 139,112 square feet across 31.86 acres
- Three inline multi‑tenant buildings plus three outlot components
- 77% occupied with 23 in‑place leases; 21 are net leases
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
627
Businesses Nearby
75k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 56%
Shops & Services 33%
Groceries 5%
Apparel 5%
McDonald's
Dining
21,629 visits/mo
0.3 miles
Circle K
Shops & Services
11,449 visits/mo
0.4 miles
Taco John's
Dining
9,117 visits/mo
0.5 miles
Popeyes Louisiana Kitchen
Dining
5,788 visits/mo
0.5 miles
Shell
Shops & Services
4,127 visits/mo
0.1 miles
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
Market
Vacancy Rate% for Retail in Midwest region
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Similar Off Market Nearby
- The Shoppes at Meadowview — 17 Meadowview Center, Kankakee, IL 60901
Frequently Asked Questions
What type of property is this?
Shopping center - Established retail center with multiple buildings, outlots, national tenants, and drive-thru retail operations.
Where is this shopping center located?
The property is located at 1 MEADOWVIEW CENTER Kankakee, IL.
What are key features of this property?
This property features: 139,112 square feet across 31.86 acres; Three inline multi‑tenant buildings plus three outlot components; 77% occupied with 23 in‑place leases; 21 are net leases
