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    Kankakee, IL
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    Kankakee, IL Office Buildings for Sale

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    Bradley, IL Bourbonnais, IL St Anne, IL Manteno, IL Chebanse, IL Custer Park, IL Momence, IL Pembroke Township, IL
    Multi-Tenant Office Building
    Updated: Apr 11
    Multi-Tenant Office Building

    555 S Schuyler Ave, Kankakee, IL 60901

    Contact for pricing
    12,000 sqft
    12,000‑square‑foot office building with 15 offices
    100% occupied with a mix of tenants and lease terms
    Tenants pay electric
    Offered at a 10.2 cap rate
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    Downtown Kankakee Office Building
    Updated: Aug 16, 2024
    Downtown Kankakee Office Building

    6 Dearborn Square, Kankakee, IL 60901

    $499,000
    14,640 sqft
    14,640 SF office building in Downtown Kankakee
    Centrally located near Courthouse, banks, and shopping/Farmers Market
    Over 13,000 SF of office space with over 20 offices, multiple conference rooms, and restrooms
    Large storage area with 24' ceiling height
    Steel frame, block and brick building in good condition
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    Downtown Kankakee Office Building
    Downtown Kankakee Office Building

    8 Dearborn Square, Kankakee, IL 60901

    $449,000
    43,000 sqft

    43,000 SF office building in downtown Kankakee for sale.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Mixed-Use Industrial and Residential Building
    Mixed-Use Industrial and Residential Building

    257 South West Avenue, Kankakee, IL 60901

    Contact for pricing
    18,000 sqft

    Building combines sheet metal business space with five upstairs apartments, including recent upgrades to two units.

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    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 4 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.

    Downtown Mixed-Use Commercial Building
    Downtown Mixed-Use Commercial Building

    120 W Main Street, Peotone, IL 60468

    Contact for pricing
    4,213 sqft

    Remodeled office/retail building with main-level finished space plus gutted second floor for flexible future buildout.

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    Multi-Suite Office Building
    Multi-Suite Office Building

    4 Duncan Dr, Bourbonnais, IL 60914

    Contact for pricing
    6,000 sqft

    Multi-suite office building offered for sale with 4 suites totaling 6,000+ square feet.

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    Single-Story Office Building
    Single-Story Office Building

    117 West Main Street, Peotone, IL 60468

    Contact for pricing

    Well-maintained single-story office building with a reception area, multiple offices, and rooms on a lot fronting Main Street.

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    Class A Office Building
    Class A Office Building

    4882 N Convent St, Bourbonnais, IL

    Contact for pricing
    155,000 sqft 17.66 AC lot

    Class A office building with flexible floorplans and abundant parking.

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    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.

    Commercial Building on Main Street
    Commercial Building on Main Street

    146 E Main Street, Braidwood, IL 60408

    $145,000
    1,600 sqft 0.36 AC lot

    1,600 sq ft commercial building on busy Main Street.

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    2.91 Acres Corner Location
    2.91 Acres Corner Location

    Lot 1 West Stuenkel Road, University Park, IL 60484

    Contact for pricing
    2.91 AC lot

    2.91 acres in Will County, corner location, industrial park.

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    Cedar Lake B-3 Zoned Land
    Cedar Lake B-3 Zoned Land

    13951 Alexander Street, Cedar Lake, IN 46303

    $397,300
    1.35 AC lot

    1.35 acre B-3 zoned lot in Cedar Lake, Indiana.

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    Mokena Corner Lot Opportunity
    Mokena Corner Lot Opportunity

    McGovney Street lot: 7 Block 3 Mcgovney, Mokena, IL 60448

    $135,000
    0.28 AC lot

    Prime commercial land in Mokena's Historic District.

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    Kankakee, IL Office Buildings Market Trends and Statistics

    Explore 4 office buildings for sale in Kankakee, IL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 87,640 square feet of properties for sale, with an estimated market value of $948,000.

    Sale prices for office properties in Kankakee, IL start at $449,000, averaging $474,000, and reaching up to $499,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Office Units 7
    Office buildings 5

    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 $474K

    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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