Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    Kankakee, IL 60901

    • Commercial real estate
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US28-2591883
    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

    Property type
    Commercial real estate
    APN
    16-09-34-352-002
    APU
    160934352002

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Kankakee
    County
    Kankakee
    State
    Illinois
    Longitude
    -87.831
    Latitude
    41.1228
    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
    $9,174
    $45,060
    $25,000
    $70,060
    -
    $135,180
    $75,000
    $210,180

    Comparable in this City

    • Value Estimation by Request

      1557 Ct St

      COMMERCIAL (GENERAL)
      1557 Ct St, Kankakee, IL 60901-3214
      View Details
    • Value Estimation by Request
      0.70 Acres

      1898 Ct St

      COMMERCIAL (GENERAL) • 0.70 Acres
      1898 Ct St, Kankakee, IL 60901-3162
      View Details
    • Value Estimation by Request

      648 Ct St

      COMMERCIAL (GENERAL)
      648 Ct St, Kankakee, IL 60901-4011
      View Details
    • Value Estimation by Request
      0.11 Acres

      687 Ct St

      COMMERCIAL (GENERAL) • 0.11 Acres
      687 Ct St, Kankakee, IL 60901-4010
      View Details
    • Value Estimation by Request

      792 Fair St, Unit 806

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

      377 Fairmont Ave

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

    Similar Nearby for Sale

    • $250,000
      4.05 Acres

      Kankakee Commercial Land - $250K

      Prime 4.05-acre commercial lot. High-traffic location.
      2705 Schuyler Ave, Kankakee, IL 60901
      View Details
    • $275,000
      35,575 SF

      Downtown Kankakee Commercial Property

      Prime Location, Office & Warehouse
      145 Indiana Ave, Kankakee, IL 60901
      View Details
    • $99,000
      1,100 SF

      Kankakee Commercial Building - $99K

      1,100 SF building, great location. Ideal for business or storage.
      1357 Maple St, Kankakee, IL 60901
      View Details
    • $325,000

      Kankakee Mixed-Use Investment Opportunity

      High-visibility, multi-use property with expansion potential.
      347 Court St, Kankakee, IL 60901
      View Details
    • $215,000
      0.11 Acres

      Kankakee Multi-Family Investment

      Nine-unit rooming house with strong rental income.
      247 Merchant St, Kankakee, IL 60901
      View Details
    • $249,900
      5,200 SF

      Kankakee Mixed-Use Investment Property

      Six-unit income property, high traffic area.
      793 5Th Ave, Kankakee, IL 60901
      View Details

    Similar Nearby for Lease

    • $14 SF/Yr
      1,849 SF

      Kankakee Office Space Available

      Office space available for rent in Kankakee, Illinois.
      245 S 6Th Ave, Kankakee, IL 60901
      View Details
    • Contact for pricing
      11,803 SF

      Kankakee Office Space Available

      Office space available for rent in Kankakee, Illinois.
      450 N Kennedy Dr, Kankakee, IL 60901
      View Details
    • $10 SF/Yr
      1,000 SF

      Kankakee Office Space Available

      Office space available for rent in Kankakee, Illinois.
      1 Dearborn Sq, Kankakee, IL 60901
      View Details
    • $4 SF/Yr
      15,000 SF

      Kankakee Warehouse Space Available

      15,000 square foot warehouse space for lease in Kankakee.
      711 W Seneca St, Kankakee, IL 60901
      View Details
    • Contact for pricing
      50,021 SF

      Kankakee Retail Center Investment

      17 Spaces, High-Traffic Location
      1 Meadowview Ctr, Kankakee, IL 60901
      View Details
    • $8 SF/Yr
      4,950 SF

      Kankakee Office and Medical Space

      Office and medical space available in Kankakee, Illinois.
      70 Meadowview Ctr, Kankakee, IL 60901
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Kankakee, IL 60901
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.