Search
7-Unit Mixed-Use Property
For Sale
$299,900

1930 W Station St, Kankakee, IL 60901

Two-story configuration combines commercial space with residential apartments.

Property Size6,164 SF
Days on Market193

Property Features for 1930 W Station St

General Information

Standard status Active
Size 6,164 SF
Class C
Property subtype Multi Tenant Office
Zoning C 2
Occupancy 100%

Additional Details

Cap Rate 10.5%
Multifamily Units 5

Building Details

Building Size 6,164 SF
Listing Agency: McColly Bennett Real Estate
Listed By: Buck Tamblyn · License #475131086
Source: Thebrokerlist
Added: Feb 18 Changed: Aug 29 Last Checked: Aug 29 at 7:28PM

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 McColly Bennett Real Estate

Investment Insights

Based on property information with market context.

Located at 1930 W Station St in Kankakee, Illinois, this mixed-use property contains seven units arranged across two levels. The first floor includes two commercial units, while the second floor contains five apartments.

The apartments feature private interior entrances, with separate gas and electric meters serving each unit. Parking is available at both the front and rear of the building. The property is zoned C-2 Commercial, is fully occupied, and is offered at a 10.5 cap rate.

Key Highlights

  • Seven total units: 2 commercial units and 5 apartments
  • C‑2 Commercial zoning
  • Fully occupied property with a 10.5 cap rate

Property Analytics

Current Use

Mixed-use properties

Suggested Use

Top Pick Real Estate Agency Building Supply Dental Office Big Box & Wholesale Store Auto Parts Store Law Firm

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

Lease Details

5
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

632
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 Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Mixed-use property - Two-story configuration combines commercial space with residential apartments.
Where is this mixed-use property located?
The property is located at 1930 W Station St Kankakee, IL.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Seven total units: 2 commercial units and 5 apartments; C‑2 Commercial zoning; Fully occupied property with a 10.5 cap rate
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message