Mixed-Use Property with Central
For Sale
$560,000
242 W Jeffery Street, Kankakee, IL 60901
COMMERCIAL - Kankakee, IL
Property SizeContact for details
Lot Size0.30 Acres
Days on Market225
Property Features for 242 W Jeffery Street
General Information
Property type
Commercial Sale
Property subtype
Other
Directions
STRAIGHT ON WASHIGNTON AVE THEN TAKE A RIGHT ON W JEFFERY ST PROPERTY WILL BE ON YOUR LEFT
Subdivision
Kankakee
Standard status
Active
APN
16170720500500
Lot size
0.30 Acres
Taxes and HOA fees
Tax Year
2023
Tax Annual Amount
12846
Utilities
Cooling system
Central Air
Building Details
Year built
1950
Floors in Building
2
Number of units
7
Listing Agency:
eXp Realty
(888) 574-9405
Listed By:
Diego Pizano
(888) 574-9405
Added: Jan 3
Changed: Aug 4
Last Checked: Aug 16 at 2:06PM
MLS# 12540003
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This mixed-use property combines commercial and residential components within a 0.298-acre parcel. Built in 1950, the property is equipped with central air conditioning.
The asset is located at 242 W Jeffery Street in Kankakee, Illinois, within ZIP Code 60901. Its combination of commercial and residential space provides a single-property configuration for evaluating both uses together.
The asset is located at 242 W Jeffery Street in Kankakee, Illinois, within ZIP Code 60901. Its combination of commercial and residential space provides a single-property configuration for evaluating both uses together.
Key Highlights
- Mixed‑use property with commercial and residential components
- 0.298‑acre parcel
- Central Air cooling system
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
182
Businesses Nearby
13k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Casey's General Store
Shops & Services
8,244 visits/mo
0.2 miles
Dollar General
Shops & Services
4,949 visits/mo
0.1 miles
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 Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Commercial and residential components occupy a 0.298-acre parcel.
Where is this mixed-use property located?
The property is located at 242 W Jeffery Street Kankakee, IL.
What is the asking price?
The asking price for this property is $560,000.
What are key features of this property?
This property features: Mixed‑use property with commercial and residential components; 0.298‑acre parcel; Central Air cooling system
