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    455 Main St Bourbonnais, IL 60914

    Sponsored
    For Lease
    $18 SF/Yr

    Prime retail spaces, high visibility, ample parking.

    Lot size:
    49,729 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional retail opportunity presents three available spaces within the Bourbonnais Towne Centre, a thriving shopping center located at 455 Main St NW, Bourbonnais, IL 60914. The property, situated on a 9.21-acre lot, boasts a total of 49,729 square feet, with available spaces ranging from a minimum of 1,470 square feet to a maximum contiguous space of 2,517 square feet. Built in 1986, this single-story building features open concept layouts, high visibility from Main Street, and ample parking for customers and employees. Large windows provide abundant natural light, and the versatile floor plans can be customized to meet diverse retail needs. The center is strategically located in a high-traffic area, across from the Municipal Center/Festival Street, and along a major retail corridor. Key anchors include Jewel-Osco and Goodwill, attracting significant foot traffic. The property's proximity to Olivet Nazarene University (with over 4,300 students) and its location near Interstate-57 further enhance its appeal. The Kankakee County location offers access to a community of over 20,000 residents. The property is zoned commercial (APN: 17-09-19-100-167 and -168). This is an ideal location for businesses seeking high visibility and convenient access to a substantial customer base.

    Property Features for 455 Main St

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    49,729 SF
    Total Rate
    74593.5

    Building Details

    Year Built
    1986
    Stories
    1

    Unit(s) available at that property

    Space
    Suite 553
    Size
    2,517 SF
    Rate per SF
    $18
    Space
    Suite 551
    Size
    2,517 SF
    Rate per SF
    $18
    Space
    Suite 539
    Size
    1,979 SF
    Rate per SF
    $18
    Property Profile Location Intelligence

    Current Use by Public Records

    Goodwill Store & Donation ... Thrift Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Bourbonnais
    County
    Kankakee
    State
    Illinois
    Longitude
    -87.88597899347
    Latitude
    41.159622467946

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    FAQs

    What type of property is this?
    Neighborhood center - Prime retail spaces, high visibility, ample parking.
    Where is this neighborhood center located?
    The property is located at 455 Main St Bourbonnais, IL.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    Request Owner's contact information
    455 Main 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
    455 Main St Bourbonnais, IL 60914
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