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    Kankakee, IL
    Mixed-Use

    Kankakee, IL Mixed-use Properties for Sale

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    Mixed-Use Property with Commercial and Residential
    Updated: Jan 3
    Mixed-Use Property with Commercial and Residential

    242 W Jeffery Street, Kankakee, IL 60901

    $560,000
    0.30 AC lot
    Income‑generating asset
    Mixed‑use property (commercial & residential)
    Prime location
    Great investment opportunity
    Enjoy central air
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Kankakee, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Former YMCA on 26.55 Acres
    Former YMCA on 26.55 Acres

    1350 S Briggs St, Joliet, IL 60433

    $2,900,000
    29,635 sqft 26.55 AC lot

    Former YMCA building on a large parcel for sale.

    View details
    Bi-Level Mixed-Use Commercial Building
    Bi-Level Mixed-Use Commercial Building

    18240 Harwood Avenue, Homewood, IL 60430

    $699,900
    0.82 AC lot

    Masonry bi-level building with office and warehouse space, re-zoned for mixed use with retail and apartments.

    View details
    Mixed-Use Building with Office Suites
    Mixed-Use Building with Office Suites

    18154 Martin Avenue, Homewood, IL 60430

    $1,128,000

    Eight-unit all-electric building with four ground-floor office and residential suites and four upper 2-bedroom apartments.

    View details
    Joliet Development Portfolio For Sale
    Joliet Development Portfolio For Sale

    1122 Collins St, Joliet, IL 60432

    $1,174,000
    0.85 AC lot

    Five-property portfolio near Joliet Prison, ideal for development.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Frankfort Land for Mixed-Use Development
    Frankfort Land for Mixed-Use Development

    795 Center Road, Frankfort, IL 60423

    Contact for pricing
    11.00 AC lot

    Approximately 11 acres of land for mixed-use development.

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    Cedar Lake B1-Zoned Lot
    Cedar Lake B1-Zoned Lot

    13405 Morse Street, Cedar Lake, IN 46303

    $279,000
    0.88 AC lot

    Versatile 0.88-acre lot in high-traffic Cedar Lake location.

    View details
    Commercial Development Land Parcel
    Commercial Development Land Parcel

    19611 Crawford Avenue, Flossmoor, IL 60422

    $399,800
    2.53 AC lot

    A 2.53-acre commercial-zoned parcel suitable for neighborhood-oriented retail or service development.

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    Land in Homewood, Illinois
    Land in Homewood, Illinois

    19020 Kedzie Avenue, Homewood, IL 60430

    $690,000
    2.00 AC lot

    Two acre commercial land parcel in Homewood, Illinois.

    View details

    Kankakee, IL Mixed-Use Properties Market Trends and Statistics

    Explore 1 mixed-use properties for sale in Kankakee, IL on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $560,000.

    Sale prices for multi use buildings in Kankakee, IL start at $560,000, averaging $560,000, and reaching up to $560,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

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

    High-Yield Neighborhoods for Investment

    Identify Kankakee submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    60901 $405K

    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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