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347 Court St Kankakee, IL 60901

Sponsored
For Sale
$325,000

High-visibility, multi-use property with expansion potential.

Description

Added:
Feb 3, 2025
Days on Market:
342
This exceptional investment opportunity presents a unique mixed-use property located at 347 W Court Street in Kankakee, Illinois, priced at $325,000. The property comprises three parcels sold together, offering significant potential for both established and new businesses. The existing structure includes two apartments, providing immediate rental income, and two street-level storefronts ideal for retail or service businesses. A substantial warehouse space is also included, offering versatile storage or production capabilities. Adding to the property's value is an additional lot, currently undeveloped, which is intended to be converted into expanded customer parking. This strategic addition will enhance the property's functionality and appeal. The property boasts a highly desirable location directly across from a local hospital, ensuring high visibility and consistent foot traffic. This prime location offers unparalleled access to a large customer base and presents a rare chance to acquire a multi-faceted property with substantial growth potential. The combined parcels offer a unique opportunity to consolidate operations, expand existing businesses, or establish a new venture in a thriving area. All three parcels are being sold as a single unit

Property Features for 347 Court St

General Information

Property type
Other commercial real estate

Building Details

Year Built
1915

Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Kankakee
County
Kankakee
State
Illinois
Longitude
-87.86949
Latitude
41.12119

FAQs

What type of property is this?
Commercial real estate - High-visibility, multi-use property with expansion potential.
Where is this commercial real estate located?
The property is located at 347 Court St Kankakee, IL.
What is the asking price?
The asking price for this property is $325,000.
More about this property
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