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    1511 Convent St Bourbonnais, IL 60914

    Sponsored
    For Lease
    $185 SF/Yr

    Prime Bourbonnais Office Space, High Traffic Location

    Lot size:
    1,400 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1,400 square foot office space is ideally situated in a bustling, fully leased strip center in Bourbonnais, Illinois. Located at 1511 N. Convent Street, zip code 60914, this single-tenant unit boasts excellent visibility and accessibility due to its placement on a high-traffic road within Kankakee County. The property is classified as retail and office space, specifically categorized as a traditional office, executive office, coworking, and creative office space, offering versatility for a wide range of businesses. The interior features a convenient kitchenette and a private bathroom, adding to its functionality and appeal. This space presents a fantastic opportunity to establish or expand your business within a thriving commercial environment that benefits from consistent foot and vehicle traffic, ensuring high visibility and accessibility for your clientele. The property's location in a highly desirable area guarantees a strong presence within the community. This is a single-tenant occupancy.

    Property Features for 1511 Convent St

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,400 SF

    Unit(s) available at that property

    Space
    Size
    1,400 SF
    Rate per SF
    $185
    Property Profile Location Intelligence

    Current Use by Public Records

    Kankakee Plumbing Sewer ... Plumber Patrick G. Jones, ... Orthodontist Shred Nations Shredding Service BOURBONNAIS TRUCK REPAIR Truck Repair Shop Joshua Fozzard, Hypnotist ... Hypnotherapy Service

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bourbonnais
    County
    Kankakee
    State
    Illinois
    Longitude
    -87.8761102
    Latitude
    41.1798358

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    FAQs

    What type of property is this?
    Office space - Prime Bourbonnais Office Space, High Traffic Location
    Where is this office space located?
    The property is located at 1511 Convent St Bourbonnais, IL.
    What is the lease rate?
    The lease rate is $185 SF/Yr.
    Request Owner's contact information
    1511 Convent St Bourbonnais, IL 60914
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    Bourbonnais, IL 60914
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1511 Convent St Bourbonnais, IL 60914
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