Retail

Kankakee, IL Retail Properties & Spaces for Lease

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Bradley, IL Bourbonnais, IL Manteno, IL Peotone, IL Ashkum, IL Wilmington, IL Beecher, IL Braidwood, IL
Historic Storefront with Rooftop Area
Updated: Sep 30
Historic Storefront with Rooftop Area

155 S Schuyler Ave, Kankakee, IL 60901

$12 SF/Yr
3,600 to 11,000 square feet available, with space division possible
Approximately 7,000 additional square feet of basement area
15‑foot ceilings and two three‑phase electrical services
Walk‑out rooftop area and rear entrance facing Miner Festival Square
Eight original Schuyler Avenue window openings concealed beneath stucco
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Retail Space in Kankakee Center
Updated: Nov 22, 2025
Retail Space in Kankakee Center

1030-1190 North 5th Avenue, Kankakee, IL 60901

Contact for pricing
41,466 sqft
+/-718 SF - +/-41,466 SF Available, offering flexible space options.
New Management team with budget for significant property improvements.
Excellent visibility and exposure on Kennedy Drive with dual‑sided monument signage (28,000 VPD).
Convenient accessibility with multiple curb cut entryways and proximity to I‑57, Amtrak, and bus stops.
Located within two miles of Riverside Medical Center and Olivet Nazarene University.
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Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 2 Active listings in Kankakee, IL, we suggest exploring alternatives. Consider Similar 4 Spaces in Nearby Cities, and Similar 6 Properties for Sales.

Retail properties & Spaces for Lease in Nearby Cities

Here are 4 Similar Spaces we found in Nearby Locations for your consideration.

Retail Space with Office Area
Retail Space with Office Area

517-517 E North St, Bradley, IL 60915

$12 SF/Yr
3,000 sqft

The layout combines flexible open floor area with offices, private restrooms, and a break area.

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Flex Space With Atrium Entry
Flex Space With Atrium Entry

519-519 E North St, Bradley, IL 60915

$9 SF/Yr
11,900 sqft

A mixed-use interior combines open areas, office rooms, and storage or warehouse space, with multiple restrooms.

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Retail Space with Dressing Rooms
Retail Space with Dressing Rooms

4-215 N Convent St, Bourbonnais, IL 60914

$19.50 SF/Yr

Front retail area includes private dressing rooms, a restroom, office, and storage.

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Versatile Retail/Commercial Leasing Opportunity
Versatile Retail/Commercial Leasing Opportunity

375 Main St. NW, Bourbonnais, IL 60914

Contact for pricing

Retail/commercial space with high visibility and ample parking.

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Similar Spaces for Sale in Kankakee, IL

Consider Similar Space for Sale. We found 6 Spaces matching your search parameters.

Truck Terminal with Cold Storage
Truck Terminal with Cold Storage

339 W Issert Dr W, Kankakee, IL 60901

$3,999,999
8,000 sqft 4.00 AC lot

Modern truck terminal combining refrigerated storage, repair bays, offices, and onsite fueling infrastructure.

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Bank Building with Drive-Through
Bank Building with Drive-Through

1370 W Court St, Kankakee, IL 60901

$369,000
1,550 sqft

Existing bank improvements include teller lines, a vault, customer lobby, kitchenette, and dedicated office space.

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Truck Terminal with Cold Storage
Truck Terminal with Cold Storage

339 W Issert Drive W, Kankakee, IL 60901

$3,999,999
4.00 AC lot

Purpose-built logistics facility with repair, office, fueling, and refrigerated warehouse components.

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Mixed-Use Property with Central Air
Mixed-Use Property with Central Air

242 W Jeffery Street, Kankakee, IL 60901

$560,000
0.30 AC lot

Combination commercial and residential property with central air conditioning in Kankakee.

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Storefront Retail Property
Storefront Retail Property

242 W Jeffery St, Kankakee, IL 60901

$560,000

For-sale storefront retail property suited for convenience and grocery-style uses.

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Storefront Retail Property
Storefront Retail Property

354 S East Avenue, Kankakee, IL 60901

$169,900

For sale storefront retail property located on South East Avenue in Kankakee, Illinois.

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Kankakee, IL Retail properties & Spaces Lease Rates & Market Statistics

Explore 2 Retail properties & Spaces for lease in Kankakee, IL on Realmo, a commercial real estate exchange covering the Kankakee area. The current inventory totals 41,466 square feet of properties.

Asking lease rates for Retail properties & Spaces in Kankakee start at $12 SF/Yr, average $12 SF/Yr, and reach $12 SF/Yr at the top of the market. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. The local average of $12 SF/Yr is 45% below the Illinois state average of $21.64 SF/Yr.

Kankakee accounts for 10% of the 21 retail properties & spaces currently available across Kankakee County, where nearby markets include Bourbonnais and Bradley.

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