Multi-Tenant Office
For Sale
Contact for pricing
Pending
555 S Schuyler Ave, Kankakee, IL 60901
A 12,000-square-foot office building with 15 offices, fully occupied, and tenants responsible for electric.
Property Size12,000 SF
Days on Market111
Property Features for 555 S Schuyler Ave
General Information
Standard status
Pending
Size
12,000 SF
Property subtype
Office
Occupancy
100%
Additional Details
Cap Rate
10.2%
Office Units
15
Building Details
Tenancy
Multi
Listing Agency:
McColly Bennett Real Estate Bourbonnais
(815) 929-9381
Listed By:
Jay Buck Tamblyn · License #IL 475131086
Source:
Crexi
Added: Apr 11
Changed: Jul 23
Last Checked: Jul 30 at 5:43AM
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 Bourbonnais
Investment Insights
Based on property information with market context.
This for-sale office building totals 12,000 square feet and is 100% occupied. The space is configured as 15 offices of varying sizes, with a mixture of tenants and lease terms. All tenants pay electric, supporting a straightforward utility responsibility structure for the building.
The property is located on the main thoroughfare of Kankakee, IL, offering visibility to passersby along the area’s primary roadway.
For buyers seeking an income-oriented office asset, this building provides a multi-office layout with multiple tenants already in place.
The property is located on the main thoroughfare of Kankakee, IL, offering visibility to passersby along the area’s primary roadway.
For buyers seeking an income-oriented office asset, this building provides a multi-office layout with multiple tenants already in place.
Key Highlights
- 12,000‑square‑foot office building with 15 offices
- 100% occupied with a mix of tenants and lease terms
- Tenants pay electric
Property Analytics
Current Use
Lease Details
15
Office units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
78
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 Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - A 12,000-square-foot office building with 15 offices, fully occupied, and tenants responsible for electric.
Where is this office building located?
The property is located at 555 S Schuyler Ave Kankakee, IL.
What are key features of this property?
This property features: 12,000‑square‑foot office building with 15 offices; 100% occupied with a mix of tenants and lease terms; Tenants pay electric
