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    2705 Schuyler Ave Kankakee, IL 60901

    Sponsored
    For Sale
    $250,000

    Prime 4.05-acre commercial lot. High-traffic location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 4.05-acre commercial land parcel presents a unique investment opportunity in Kankakee, Illinois. Priced at $250,000, this property boasts a highly desirable location at 2705 S Schuyler Ave, conveniently situated off Route 52, a major thoroughfare with a daily traffic volume of 12,400 vehicles. The lot's strategic placement offers excellent visibility and accessibility. Its proximity to established businesses adds significant value. Neighboring retailers include Aldi, Walmart, Hilton Garden Inn, Taco Bell, and Speedway, creating a strong retail environment and attracting substantial foot traffic. The property's parcel number is 16-17-18-400-028. This prime location, coupled with the substantial lot size, makes this an ideal site for a variety of commercial developments. The property is zoned for commercial use (verification of zoning with local authorities is recommended). This is a rare opportunity to acquire a well-positioned commercial land parcel in a thriving area of Kankakee County. Don't miss out on this chance to capitalize on this excellent investment potential.

    Property Features for 2705 Schuyler Ave

    General Information

    Property type
    Land
    Lot Size
    176,418 SF

    HighLights

    • Price: $250,000
    • Strong retail synergy with nearby Aldi, Walmart, Hilton Garden Inn, Taco Bell, and Speedway.
    • High‑traffic location on Schuyler Ave. (Rte. 52), boasting 12,400 vehicles per day.
    • Property PIN: 16‑17‑18‑400‑028
    Property Profile Location Intelligence

    Current Use by Public Records

    ALDI Supermarket

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Hair Salon Wholesale Shop Auto Repair Shop Nail Salon Hotel & Motel Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Kankakee
    County
    Kankakee
    State
    Illinois
    Longitude
    -87.8702426
    Latitude
    41.0833199

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    FAQs

    What type of property is this?
    Land - Prime 4.05-acre commercial lot. High-traffic location.
    Where is this land located?
    The property is located at 2705 Schuyler Ave Kankakee, IL.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: Price: $250,000; Strong retail synergy with nearby Aldi, Walmart, Hilton Garden Inn, Taco Bell, and Speedway.; High-traffic location on Schuyler Ave. (Rte. 52), boasting 12,400 vehicles per day.
    Request Owner's contact information
    2705 Schuyler Ave Kankakee, IL 60901
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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
    2705 Schuyler Ave Kankakee, IL 60901
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