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    Property profile & analytics

    1357 Maple St Kankakee, IL 60901

    • Commercial real estate
    • 0.17 lot acres
    For Sale
    View listing
    $99,000
    Value Estimation
    Last Sale
    May 21, 2025
    $80,000
    Location Intelligence
    Property ID
    US28-4277382
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 1357 Maple St

    Lot size
    0.17 lot acres
    Property type
    Commercial real estate
    APN
    16-17-04-107-013
    APU
    161704107013

    Description

    This 1,100 square foot commercial building located at 1357 E Maple Street in Kankakee, Illinois, presents a compelling opportunity for a variety of uses. Priced at $99,000, the property offers a versatile space currently configured with a small office area and two garage bays, each equipped with overhead doors. The building's convenient corner location provides excellent visibility and accessibility. On-site parking is available, adding to the property's practicality. The existing layout is well-suited for an owner-occupied business, allowing for both workspace and storage needs. Alternatively, the property's design and location make it an attractive prospect for leasing to generate rental income. The building's adaptability makes it suitable for a range of commercial ventures or as a secure storage facility. This is a rare opportunity to acquire a well-positioned commercial property in Kankakee at an attractive price point. The property sits on a lot with no acreage specified. Serious inquiries are encouraged.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $75,000

    • CAP approach

      CAP return
      Estimation
      6%
      $110,000
      6.5%
      $100,000
      7%
      $95,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $85,000
      Geo Method
      $110,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $115,000
      Retail
      $100,000
      Mixed-Use
      $85,000
      Hospitality
      $120,000
      Educational
      $110,000
      Residential Income
      $90,000
      Energy
      $85,000
      Income-Based Land
      $120,000
      Food Service
      $95,000

    Location Insight

    • Map
    • Local Demand
    City
    Kankakee
    County
    Kankakee
    State
    Illinois
    Longitude
    -87.8487
    Latitude
    41.1168
    CBSA code
    28100
    CBSA name
    KANKAKEE-BRADLEY, IL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $1,218
    $3,386
    $6,143
    $9,529
    -
    $10,158
    $18,429
    $28,587

    Comparable in this City

    • Value Estimation by Request

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      648 Ct St, Kankakee, IL 60901-4011
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      687 Ct St, Kankakee, IL 60901-4010
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      792 Fair St, Unit 806

      COMMERCIAL (GENERAL)
      792 Fair St, Kankakee, IL 60901-2175
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    • Value Estimation by Request
      0.15 Acres

      377 Fairmont Ave

      COMMERCIAL (GENERAL) • 0.15 Acres
      377 Fairmont Ave, Kankakee, IL 60901-2708
      View Details

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    1357 Maple St
    Kankakee, IL 60901
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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