Retail Space in Kankakee
For Lease
Contact for pricing
1030-1190 North 5th Avenue, Kankakee, IL 60901
Retail spaces available in a prominent Kankakee commercial center.
Space SizeContact for details
Days on Market271
Property Features for 1030-1190 North 5th Avenue
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
CBRE - Oak Brook
(630) 573-1282
Listed By:
Les Kristof
(630) 573-1282
Source:
Cbre
Added: Nov 22, 2025
Changed: Aug 10
Last Checked: Aug 20 at 7:02AM
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 CBRE - Oak Brook
Investment Insights
Based on property information with market context.
Retail spaces ranging from approximately 718 SF to approximately 41,466 SF are available. The property is under new management with plans for improvements including landscaping, renovations, and maintenance. Dual-sided monument signage along Kennedy Drive provides visibility to over 28,000 vehicles per day. The location is near local retailers such as Classic Theatre, Planet Fitness, Citi Trends, Family Dollar, O’Reilly Auto Parts, and Athletico. It is located within two miles of Riverside Medical Center and Olivet Nazarene University. The zoning is C-2 Service Commercial District. The property maintains visibility at the intersection of Kennedy Drive and North 5th Avenue, and is located 3 miles from Kankakee High School. Multiple curb cut entryways provide accessibility from all four streets surrounding the center. The property is two miles west of Interstate-57 (I-57), one mile west of the Kankakee Amtrak Station, and includes multiple bus stops. The property has been a focal point of a commercial corridor for over 30 years.
Key Highlights
- +/-718 SF - +/-41,466 SF Available, offering flexible space options.
- New Management team with budget for significant property improvements.
- Excellent visibility and exposure on Kennedy Drive with dual‑sided monument signage (28,000 VPD).
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
405
Businesses Nearby
13k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar Tree
Shops & Services
7,917 visits/mo
0.4 miles
Dollar General
Shops & Services
4,949 visits/mo
0.4 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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Frequently Asked Questions
What type of property is this?
Shopping center - Retail spaces available in a prominent Kankakee commercial center.
Where is this shopping center located?
The property is located at 1030-1190 North 5th Avenue Kankakee, IL.
What are key features of this property?
This property features: +/-718 SF - +/-41,466 SF Available, offering flexible space options.; New Management team with budget for significant property improvements.; Excellent visibility and exposure on Kennedy Drive with dual‑sided monument signage (28,000 VPD).
