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    1370 Court St Kankakee, IL 60901

    Sponsored
    For Sale
    $450,000

    High-traffic location, fully equipped, versatile.

    Property size:
    1,550 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 1,550 square foot mixed-use building at 1370 W Court Street in Kankakee, Illinois, presents a unique investment opportunity. Ideally situated in a high-traffic area, ensuring excellent visibility and accessibility, this property is perfectly suited for a variety of businesses. Previously configured as a financial institution, the building boasts a comprehensive array of features including a drive-through, multiple teller lines, a secure vault, a well-appointed lobby area, and a convenient kitchenette. The existing infrastructure significantly reduces the time and expense associated with setting up a new business. The layout is adaptable and can easily be reconfigured to accommodate a range of commercial uses, making it an attractive option for entrepreneurs seeking a turnkey operation or investors looking for a strong return. The building's prime location and versatile design combine to create a compelling investment opportunity in a thriving market. The property sits on a 0-acre lot, offering convenient access and ample space for customer parking. This is a rare chance to acquire a fully equipped, high-traffic commercial property in a desirable location. Don't miss this chance to secure your future in Kankakee. The asking price is $450,000.

    Property Features for 1370 Court St

    General Information

    Property type
    Mixed-use properties
    Square Feet
    1,550 SF

    Building Details

    Year Built
    1968
    Property Profile Location Intelligence

    Current Use by Public Records

    Credit Union 1 Credit Union ATM Atm

    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
    -87.88394
    Latitude
    41.12107

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    FAQs

    What type of property is this?
    Mixed-use property - High-traffic location, fully equipped, versatile.
    Where is this mixed-use property located?
    The property is located at 1370 Court St Kankakee, IL.
    What is the asking price?
    The asking price for this property is $450,000.
    (815) 937-4370
    Request Owner's contact information
    1370 Court St Kankakee, IL 60901
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1370 Court St Kankakee, IL 60901
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