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Kankakee, IL Office Spaces 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
7 properties
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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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Remodeled Office Space with Frontage
Remodeled Office Space with Frontage

700 N River Drive, Kankakee, IL 60901

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Modern office suite features an open bull pen, vaulted ceiling, and five private offices with reception and kitchenette.

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Mixed-Use Industrial and Residential Building
Mixed-Use Industrial and Residential Building

257 South West Avenue, Kankakee, IL 60901

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18,000 sqft

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

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Clear-Span Warehouse with Office
Clear-Span Warehouse with Office

136-148 W. Charles St, Kankakee, IL 60901

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Warehouse includes clear-span space, multiple loading positions, and a dedicated 1,500 SF office with restrooms.

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Move-In Ready Office Suite
Move-In Ready Office Suite

1004 West Station Street, Kankakee, IL 60901

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Office suite features a large open work area plus a private office and break room.

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Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 7 Active listings in Kankakee, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, 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.

Two-Unit Corner Office Building
Two-Unit Corner Office Building

570 W Broadway Street, Bradley, IL 60915

$245,000

Two separate office suites with dedicated utility responsibility, reception areas, and rear and street parking access.

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Multi-Suite Office Building
Multi-Suite Office Building

4 Duncan Dr, Bourbonnais, IL 60914

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6,000 sqft

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

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Updated Flex Office Building
Updated Flex Office Building

298 S Schuyler Ave, Bradley, IL 60915

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Updated 3,200 sf building offers office space with a waiting/reception area, plus approximately 1,600 sf of shop space.

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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 Land Ready For Development
Commercial Land Ready For Development

280 East 9000N Road, Manteno, IL 60950

$3,370,500
32.00 AC lot

32+/- acre commercial land with excellent location and utilities.

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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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Frankfort Land For Sale
Frankfort Land For Sale

10850 W Laraway Road, Frankfort, IL 60423

$500,000
4.10 AC lot

4.1 acre commercial land available in Frankfort, Illinois.

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Off-Market Properties in Kankakee, IL

Consider similar Off-Market properties in Kankakee, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

2155-239 Schuyler Ave
Office Spaces

2155-239 Schuyler Ave, Kankakee, IL 60901

Value Estimation by Request
12,800 sqft
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Kankakee, IL Office Spaces Market Trends and Statistics

Explore 8 office spaces for sale in Kankakee, IL, showcased through 7 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 spaces 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 $482.7K

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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