1370 W Court St, Kankakee, IL 60901
This exceptional 1,550 square foot mixed-use building at 1370 W Court Street in Kankakee, Illinois, presents a unique investment opportunity. Ideally situated in a high-traffic area, ensuring excellent visibility and accessibility, this property is perfectly suited for a variety of businesses. Previously configured as a financial institution, the building boasts a comprehensive array of features including a drive-through, multiple teller lines, a secure vault, a well-appointed lobby area, and a convenient kitchenette. The existing infrastructure significantly reduces the time and expense associated with setting up a new business. The layout is adaptable and can easily be reconfigured to accommodate a range of commercial uses, making it an attractive option for entrepreneurs seeking a turnkey operation or investors looking for a strong return. The building's prime location and versatile design combine to create a compelling investment opportunity in a thriving market. The property sits on a 0-acre lot, offering convenient access and ample space for customer parking. This is a rare chance to acquire a fully equipped, high-traffic commercial property in a desirable location. Don't miss this chance to secure your future in Kankakee. The asking price is $450,000.
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Credit Union 1 Credit Union
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ATM Atm
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.