255 East Station Street Kankakee, IL 60901

Listing agency Mid-America Real Estate g***@midamericagrp.com Show Phone

Listed by George Ghattas · License #IL 475135588

Source Crexi

Added: Apr 10 Updated: Jul 21 at 3:17PM Checked: Jul 21 at 3:17PM

Report an Issue

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 Mid-America Real Estate

---

Investment Insights

Based on property information with market context.

This for-sale retail property is presented with a stated 4,000 SF size and a 6.50% cap rate. It’s positioned as a straightforward retail investment opportunity based on the information provided.

The property is located at 255 East Station Street in Kankakee, Illinois. No additional details on the building’s layout, condition, or tenant configuration were included in the submission.

Prospective buyers should review the offering materials for any further information on the property’s current use, improvements, and income details.

Key Highlights

• Retail property for sale with a stated 4,000 SF
• Stated 6.50% cap rate

Property Analytics

Location Intelligence

Similar For Sale Nearby

• 

  $500,000

  7,231 SF

  Former Bank Branch For Sale

  Former bank branch with drive-thru, ideal for retail.

  101 Meadowview Center, Kankakee, IL 60901

  View Details
• 

  $2,400,000

  160,000 SF

  Turnkey Truck Repair & Parking Facility

  8-acre industrial property with repair facilities and ample parking.

  1781 E Risser St. Kankakee, IL 60901

  View Details
• 

  $3,999,999

  8,000 SF

  Truck Terminal with Cold Storage

  Newer trucking facility built in 2022 offering dock-high cold storage, repair space, offices, and fuel capacity.

  339 W Issert Drive W, Kankakee, IL 60901

  View Details
• 

  $3,999,999

  Trucking Facility with Cold Storage

  Newly completed trucking, freezer storage, repair, office, and fuel depot operation with sheltered docks and drive-through bays.

  339 W Issert Drive W, Kankakee, IL 60901

  View Details
• 

  $560,000

  Mixed-Use Property with Commercial and Residential

  For sale mixed-use asset combining commercial space and residential income potential on a 0.298-acre lot.

  242 W Jeffery Street, Kankakee, IL 60901

  View Details
• 

  $99,900

  7,200 SF

  Downtown Kankakee Commercial Building For Sale

  7,200 SF commercial building in the heart of Downtown Kankakee.

  217 E Court Street, Kankakee, IL 60901

  View Details
• 

  $499,000

  7,200 SF

  Industrial Flex Warehouse Building

  Industrial flex building with 4,000 SF warehouse, 1,500 SF office on both levels, and drive-in door access.

  1240 Stanford Drive, Kankakee, IL 60901

  View Details
• 

  $1,499,727

  20,880 SF

  Self-Storage Portfolio in Two Locations

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

  380 S 7th Ave, Kankakee, IL

  View Details
• 

  $125,000

  1,100 SF

  Kankakee Redevelopment Opportunity

  Former gas station/convenience store ideal for redevelopment.

  590 S Washington Avenue, Kankakee, IL 60901

  View Details
• 

  Contact for pricing

  7,750 SF

  Industrial Truck Storage Facility

  Industrial building on 19 acres, zoned I-2, positioned just off I-57 in Kankakee.

  2405 Waldron Rd, Kankakee, IL 60901

  View Details
• 

  $560,000

  Storefront Retail Property

  For-sale storefront retail property suited for convenience and grocery-style uses.

  242 W Jeffery Street, Kankakee, IL 60901

  View Details
• 

  $255,000

  Specialty Event Banquet Facility

  Previously used as a banquet venue, the property is zoned INDUS for multiple potential commercial uses.

  150 E Brookmont Boulevard, Kankakee, IL 60901

  View Details

FAQs

What type of property is this?

Retail space - Retail property offered for sale with a stated 4,000 SF and 6.50% cap rate.

Where is this retail space located?

The property is located at 255 East Station Street Kankakee, IL.

What are key features of this property?

This property features: Retail property for sale with a stated 4,000 SF; Stated 6.50% cap rate