1357 Maple St, Kankakee, IL 60901-4374
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.