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Zoned Retail and Office Building
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929 North 5th Avenue, Kankakee, IL 60901

Retail/office building is zoned C2 and features six parking spaces and a full basement for storage.

Property SizeContact for details
Days on Market132

Property Features for 929 North 5th Avenue

General Information

Standard status Active
Total Parking Spaces 6
Property subtype Retail, Office, Special Purpose
Zoning C2

Amenities

full basement

Building Details

Year Renovated 2020
Listing Agency: Speckman Realty
Listed By: Lisa Sanford · License #IL 471002971
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 21 at 9:53PM

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 Speckman Realty

Investment Insights

Based on property information with market context.

This property offers flexible commercial space zoned C2, suitable for a range of uses such as retail, a church, or a small business office. The interior was gutted in 2020 and updated with new ceiling panels, lighting, vinyl plank flooring, and fresh paint. Building systems include a furnace, air conditioning, and water heater installed in 2019, with a roof installed in 2010. A full basement provides additional storage.

The building is located on North 5th Avenue, one block from McDonalds, with the benefit of a high traffic count as noted in the remarks.

On-site parking includes six spaces, supporting customer and staff access.

Key Highlights

  • Zoned C2, suitable for retail, church, or a small business office
  • Six parking spaces on‑site plus a full basement for storage
  • Interior gutted in 2020 with new ceiling panels, lighting, vinyl plank flooring, and fresh paint

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Bakery (Bike/Boat/Book/etc) Store Locksmith Computer & Electronic Repair Catering Service Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

405
Businesses Nearby

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 Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Retail/office building is zoned C2 and features six parking spaces and a full basement for storage.
Where is this retail space located?
The property is located at 929 North 5th Avenue Kankakee, IL.
What are key features of this property?
This property features: Zoned C2, suitable for retail, church, or a small business office; Six parking spaces on‑site plus a full basement for storage; Interior gutted in 2020 with new ceiling panels, lighting, vinyl plank flooring, and fresh paint
(815) 922-6924 Call to check price and availability
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