Mixed-Use Property with
For Sale
Contact for pricing
Pending
496 North 5th Avenue, Kankakee, IL 60901
Three upstairs apartments accompany the commercial component and two adjacent lots.
Property SizeContact for details
Days on Market143
Property Features for 496 North 5th Avenue
General Information
Standard status
Pending
Property subtype
Retail
Property Condition
Severity
Repairs Needed
Evidence
Needs work
Additional Details
Road Access
Yes
Multifamily Units
3
Listing Agency:
McColly Rosenboom Commercial Bourbonnais
(815) 325-4877
Listed By:
Azza Tawfik · License #IL 475115067
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Aug 30 at 7:21PM
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 Rosenboom Commercial Bourbonnais
Investment Insights
Based on property information with market context.
This mixed-use property includes a commercial component with three apartments positioned on the upper level. The offering also includes two adjoining lots, providing additional real estate beyond the main building. The property is identified at 496 North 5th Avenue, with an additional address of 470 N 5th Ave.
The site sits along a busy street near a residential area in Kankakee, Illinois. The improvements need work and will be conveyed in as-is condition. Seller-paid inspections are not provided, and no disclosures are available.
The site sits along a busy street near a residential area in Kankakee, Illinois. The improvements need work and will be conveyed in as-is condition. Seller-paid inspections are not provided, and no disclosures are available.
Key Highlights
- Three apartments located upstairs
- Two adjacent lots included with the property
- Additional address of 470 N 5th Ave
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,366
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Three upstairs apartments accompany the commercial component and two adjacent lots.
Where is this mixed-use property located?
The property is located at 496 North 5th Avenue Kankakee, IL.
What are key features of this property?
This property features: Three apartments located upstairs; Two adjacent lots included with the property; Additional address of 470 N 5th Ave
