Property profile

473 Brown Blvd Bourbonnais, IL 60914

OFF-MARKET
Commercial real estate
Property ID
US28-3791774
0.28 ac lot
Individually Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional investment opportunity presents a 2,700 square foot storefront located at 473 Brown Blvd, Bourbonnais, IL 60914, in Kankakee County. Priced at $499,000, this property offers a unique blend of retail space and additional structures. The main building boasts a 2,700 square foot storefront, ideal for a variety of businesses. The property sits on a sizable 12,100 square foot lot and includes eight parking spaces for customer and employee convenience. Beyond the main storefront, the property features a greenhouse, garages, and sea containers, providing ample storage or workshop space. These additional structures offer significant potential for expansion or diversification of business operations. An existing office space has been recently updated, providing a functional and modern workspace. A house located behind the office is also included, though it requires some attention before occupancy; however, it does feature a newer roof. This property's high visibility and traffic location make it an attractive proposition for entrepreneurs and investors alike. The property is available for purchase, lease, or rent-to-own. This versatile property presents a rare opportunity to acquire a substantial commercial space with significant added value.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.28 ac (12,089 SF)
APN 17-09-19-100-226
UPID US28-3791774

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
  • Ambulance Service
  • Clothing & Fashion Store

Location

473 Brown Blvd Bourbonnais, IL 60914-2322
Bourbonnais metro Census 12000 KANKAKEE-BRADLEY, IL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$400k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$400k

Owner & transaction history

since 2025
Last sale
$420,000
3 recorded transactions
2025
$420,000
2024
$400,000
2011
Price N/A

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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