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    Property profile & analytics

    Kankakee, IL 60901

    • Commercial land
    • 2.75 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    May 11, 2023
    $215,000
    Location Intelligence
    Property ID
    US28-4542773
    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 land

    Property Details

    Lot size
    2.75 lot acres
    Property type
    Commercial land
    APN
    16-17-17-300-005
    APU
    161717300005

    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
    -87.8663
    Latitude
    41.0816
    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
    $6,210
    $48,570
    $0.00
    $48,570
    -
    $145,710
    $0.00
    $145,710

    Comparable in this City

    • Value Estimation by Request
      0.09 Acres

      Kankakee, IL 60901

      VACANT COMMERCIAL LAND • 0.09 Acres
      Kankakee, IL 60901
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    • Value Estimation by Request

      Kankakee, IL 60901

      VACANT COMMERCIAL LAND
      Kankakee, IL 60901
      View Details
    • Value Estimation by Request

      Kankakee, IL 60901

      VACANT COMMERCIAL LAND
      Kankakee, IL 60901
      View Details
    • Value Estimation by Request

      504 Riverstone Pkwy

      VACANT COMMERCIAL LAND
      504 Riverstone Pkwy, Kankakee, IL 60901-7271
      View Details
    • Value Estimation by Request
      5.20 Acres

      2745 Schuyler Ave

      VACANT COMMERCIAL LAND • 5.20 Acres
      2745 Schuyler Ave, Kankakee, IL 60901-8252
      View Details
    • Value Estimation by Request
      0.17 Acres

      Schuyler Ave

      VACANT COMMERCIAL LAND • 0.17 Acres
      Schuyler Ave, Kankakee, IL 60901
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Kankakee Commercial Land For Sale

      Commercial land with easy access to major roads in Kankakee.
      1178 S Washington Ave, Kankakee, IL 60901
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      Kankakee Retail Outlot For Sale

      3.5 acre retail outlot with high visibility and traffic.
      475 Riverstone Pkwy, Kankakee, IL 60901
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      0.18 Acres

      Kankakee Land For Sale

      Vacant land available in Kankakee, Illinois.
      1075 E Merchant St, Kankakee, IL 60901
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    • Contact for pricing

      Land For Sale Kankakee

      Land available for sale at 2801 E Court St, Kankakee, IL.
      2801 E Court St, Kankakee, IL 60901
      View Details
    • $250,000
      4.05 Acres

      Kankakee Commercial Land - $250K

      Prime 4.05-acre commercial lot. High-traffic location.
      2705 Schuyler Ave, Kankakee, IL 60901
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    • $250,000

      20 Acres Prime Land

      20+ acre property with farmland and woods, utilities available.
      0000 S 5000W Rd, Kankakee, IL 60901
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    Similar Nearby for Lease

    • 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
    • $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
      50,021 SF

      Kankakee Retail Center Investment

      17 Spaces, High-Traffic Location
      1 Meadowview Ctr, Kankakee, IL 60901
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    • $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
    • $3 SF/Yr
      12,000 SF

      Kankakee Warehouse Space Available

      12,000 sq ft warehouse space for lease in Kankakee.
      850 N Hobbie Ave, Kankakee, IL 60901
      View Details
    • Contact for pricing
      1,600 SF

      Retail Space Near Walmart

      Retail space available near Walmart Supercenter.
      503 Riverstone Pkwy, Kankakee, IL 60901
      View Details
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    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
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