Property profile

185 Kennedy Dr Bourbonnais, IL 60915

OFF-MARKET
Lifestyle centers
63,796 SF Built 1989
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Property summary

AI-generated overview

This exceptional retail property in Bradley, Illinois, offers a 63,796 square foot shopping center with a 4,300 square foot divisible retail suite available for lease. The suite boasts abundant natural light from two sides of window line, 15.75' ceiling heights, and features two back offices, a private restroom, and storage. It's ideally suited for a small-format coffee shop or food service establishment. Additionally, two ±0.34-acre retail outlots are available for lease, providing excellent visibility and accessibility. Located on Kennedy Drive, this property benefits from high traffic volume (24,500 vehicles per day), a signalized intersection at Broadway Street, and easy access to major roadways including I-57 and Highways 102, 113, 17, and 115. The property sits on a 4.1-acre lot, built in 1989, and is zoned B-2. Ample on-site parking is available (4.19 spaces per 1,000 square feet), and pylon signage opportunities exist. The property's location near Northfield Square Mall and Perry Farm Park ensures high foot traffic and visibility. This is a prime opportunity for retailers seeking a thriving location in a vibrant community. The minimum divisible space is 4,300 square feet, with a maximum contiguous space of 4,300 square feet. The building is single-story with 36 feet of frontage. The property's APN is 17-09-30-202-001, located in Kankakee County.

Property profile

Verified
Property type Lifestyle centers
Year built 1989
Total area 63,796 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Discount Store

Location

185 Kennedy Dr Bourbonnais, IL 60915
Bourbonnais metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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