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Financial
Distress signals
Property profile

929 5th Ave Kankakee, IL 60901

OFF-MARKET
Other commercial real estate
Property ID
US28-3542647
0.13 ac lot
Last sale Aug 2025 · $109,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a commercial building with flexible interior space zoned C2, suitable for uses such as retail, a church, or a small business office. The interior was gutted in 2020 and later updated with new ceiling panels, lighting, vinyl plank flooring, and fresh paint. Building systems include a furnace, air conditioning, and a water heater installed in 2019, and a roof installed in 2010. A full basement adds supplemental storage. The building is located on North 5th Avenue, approximately…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$4k
Tax billed · 2023
Assessed value$28k
Assessed land$2k
Assessed improvement$26k
Effective rate12.79%

Value estimate

· Oct 2026
$250k
$225k – $275k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionKANKAKEE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency22.0
Dental Office13.3
Law Firm12.7

Location

929 5th Ave Kankakee, IL 60901-2260
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2864 State Rte 17, Kankakee, IL 60901-7965 $164,000 Feb 2026 No data
1395 Stanford, Kankakee, IL 60901-9413 $800,000 Feb 2026 No data
1198 Schuyler, Kankakee, IL 60901-2107 $210,000 Feb 2026 No data
1365 Stanford, Kankakee, IL 60901-9413 $166,000 Jan 2026 No data
480 Schuyler, Kankakee, IL 60901 $280,000 Dec 2025 No data
Kankakee, IL 60901-3735 $190,000 Oct 2025 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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