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    Kankakee, IL
    Medical Premises

    Kankakee, IL Medical Office Space for Sale

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    Bradley, IL Bourbonnais, IL St Anne, IL Chebanse, IL Manteno, IL Momence, IL Pembroke Township, IL Herscher, IL
    Brick Medical Office Space
    Updated: Apr 11
    Brick Medical Office Space

    1780 West Merchant Street, Kankakee, IL 60901

    Contact for pricing
    All‑brick medical office property
    Currently configured as a medical clinic
    5 offices and a conference room
    2 bathrooms
    Parking for 14 cars
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Kankakee, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Multi-Suite Office Building
    Multi-Suite Office Building

    232 NW Main Street, Bourbonnais, IL 60914

    $2,400,000
    13,200 sqft 1.50 AC lot

    Professional office property with medical-related suites, elevator service, and independently conditioned ground-level spaces.

    View details
    Medical Office Building with Elevator
    Medical Office Building with Elevator

    232 NW Main Street, Bourbonnais, IL 60914

    $2,400,000
    1.50 AC lot

    Two-level professional office property with medical-related suites, separate HVAC systems, and substantial on-site parking.

    View details
    Freestanding Spa & Wellness Property
    Freestanding Spa & Wellness Property

    11240 W Laraway Road, Frankfort, IL 60423

    $3,950,000
    0.82 AC lot

    One-story commercial facility with clinical and wellness areas, patient amenities, modern systems, and an expansive parking area.

    View details
    Freestanding Spa & Wellness Building
    Freestanding Spa & Wellness Building

    11240 W Laraway Road, Frankfort, IL 60423

    Contact for pricing
    4,800 sqft

    Single-story medical and wellness facility with clinical areas, patient amenities, and a dedicated reception space.

    View details

    Kankakee, IL Medical Office Space Market Trends and Statistics

    Explore 1 medical office space for sale in Kankakee, IL on our real estate platform.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Office Units 15
    Office buildings 5
    Medical Office Space 2

    Demographics Overview

    Population 33K
    Population Growth (5Y) -6.4%
    Median Household Income $54,557
    College Educated 22.6%

    Taxes & Financing

    Tax Rate (average for all types) 11.80%
    Tax Rate vs County Average 2.50 pp above county avg
    Average Loan-to-Value 65.0%

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