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380 S 7th Ave Kankakee, IL

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For Sale
$1,499,727

Two self-storage facilities with upside potential in Illinois and Indiana.

Type:INDUSTRIAL
Property size:
20,880 SF
Lot size:
1.09 Acres
Added:
Apr 15, 2025
Days on Market:
352
Last Refresh:
Mar 29 at 9:49 pm

Property Features for 380 S 7th Ave

General Information

Standard status
Active
Size
20,880 SF
Lot size
1.09 Acres
Property subtype
INDUSTRIAL

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Listing Contact
Jack Kaiser

Listing agent Jack Kaiser

Listing office RIPCO Real Estate | Tampa

Listing date Apr 15, 2025

Source Moodyscre

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 RIPCO Real Estate | Tampa


Overview

Self-Storage Portfolio in Two Locations

This portfolio features two self-storage facilities located in Kankakee, Illinois, and Plymouth, Indiana, less than two hours apart. The properties are situated on approximately 1.90 acres and include a total of 111 units, offering approximately 20,880 square feet of net rentable space. The unit mix is diversified with drive-up self-storage options. Both sites are secured with perimeter fencing and gated entry, allowing for remote operation. The Kankakee facility is located in Northeast Illinois, about 60 miles south of Chicago, with convenient access to major highways, including SR 17 and I-45. The Plymouth, Indiana, facility is at the intersection of U.S. Route 30 and 31, providing accessibility for distribution, logistics, and transportation. There is potential to increase value by raising occupancy and rental rates.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Intra-Lock Self Storage ... Storage Facility

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

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

Location Insight

  • Map
  • Local Demand
City
Kankakee
County
Kankakee
State
Illinois
Longitude
-87.8735
Latitude
41.1251

FAQs

What type of property is this?
Self storage facility - Two self-storage facilities with upside potential in Illinois and Indiana.
Where is this self storage facility located?
The property is located at 380 S 7th Ave Kankakee, IL.
What is the asking price?
The asking price for this property is $1,499,727.
What are key features of this property?
This property features: Massive Upside Potential: Increase value through occupancy and rental rate increases.; Strategic Self‑Storage Portfolio: Two properties in Kankakee, IL & Plymouth, IN.; Centrally Located Facilities: Kankakee near SR 17 & I‑45; Plymouth at U.S. Route 30 & 31.
More about this property
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