Kankakee County, IL Retail properties & Spaces for sale

Updated: Aug 7, 2025

Kankakee Redevelopment Opportunity

590 S Washington Avenue, Kankakee, IL 60901

$125,000

1,100 sqft 0.30 AC lot

Ideal corner location with great visibility and access.
Redevelopment opportunity in downtown Kankakee.
Large +/-13,000 sq ft lot with dual alley access.
Across from Kankakee River.
Suitable for auto service or sit‑down restaurant.

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This listing looks promising.

Here's a quick look at some key insights for

590 S Washington Avenue, Kankakee, IL 60901

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Est. Cap Rate

6.7%
Above avg (5.9%)
Est. NOI

$8K
Annual
Price @ 7% Cap

$119K
Suggested
Last Sold

Jul 2021
$621K

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Updated: May 8

Former Bank Branch For Sale

101 Meadowview Center, Kankakee, IL 60901

$500,000

7,231 sqft

Drive‑thru infrastructure already in place.
Ideal for various uses: coffee shop, quick service restaurant, medical, office, or other retail.
Centrally located in Kankakee, minutes from downtown and 2 miles from I‑57.
Surrounded by other retail including Classic Cinemas, Planet Fitness, and City Trends.
Located near Olivet Nazarene University, Bradley‑Bourbonnais High School and Bishop McNamara High School.

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Turnkey Truck Repair & Parking Facility

1781 E Risser St., Kankakee, IL 60901

$2,400,000

160,000 sqft 8.00 AC lot

8-acre industrial property with repair facilities and ample parking.

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Restaurant Building with Parking

800 W Broadway St, Bradley, IL 60915

$290,000

4,000 sqft

Restaurant building offering 60 parking spaces, service area, and a restaurant hood with Ansul fire suppression system.

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Fully Leased Retail Center

507 N CONVENT ST, Bourbonnais, IL 60914

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9,782 sqft

Investment-ready retail center with 100% leased occupancy within the Chicago MSA.

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Downtown Kankakee Commercial Building For Sale

217 E Court Street, Kankakee, IL 60901

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7,200 sqft

7,200 SF commercial building in the heart of Downtown Kankakee.

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Former Bank Drive-Through Building

101 Hilgert Dr, Grant Park, IL 60940

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6,200 sqft 1.60 AC lot

All-brick corner bank building includes drive-through lanes and is zoned C-2 in a TIF zone.

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Mixed-Use Corner Retail and Rentals

397 W Station Street, Kankakee, IL 60901

$199,900

5,382 sqft

Main floor includes three separate retail units with private entrances, while two second-floor residential rentals each have outside access.

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Bank Investment Property with NNN Lease

303 Section Line Road, Manteno, IL 60950

$2,890,000

Fee simple bank property leased on an absolute NNN basis with Midland States Bank and a long remaining term.

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High-Visibility Car Wash Property

596 William Latham Dr, Bourbonnais, IL 60914

$1,150,000

Operating car wash business with real estate included, positioned for high visibility near State Route 45.

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Freestanding Commercial Office Building

350 North Kennedy Drive, Bradley, IL 60915

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1,750 sqft 0.50 AC lot

Freestanding commercial building with multiple office areas, private office, bathroom, and a garage on a large street-front lot.

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Storefront Retail Property

242 W Jeffery Street, Kankakee, IL 60901

$560,000

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

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Mixed-Use Retail & Apartment Building

49-63 N Main St, Manteno, IL 60950

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12,800 sqft 0.29 AC lot

Mixed-use property in Manteno's central commercial area.

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Main Street Retail Storefront

120 South Main Street, Herscher, IL 60941

$249,000

For-sale retail storefront located on South Main Street in Herscher, IL.

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Shopping Center with Value-Add Lease-Up

1280 Kennedy Dr, Kankakee, IL 60901

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133,157 sqft 15.14 AC lot

Fee-simple sale of a 133,157 SF retail shopping center on 15.14 acres, currently 66.7% occupied.

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Storefront Retail Property

354 S East Avenue, Kankakee, IL 60901

$196,900

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

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Bank Branch with Drive-Through

1370 W Court St, Kankakee, IL 60901

$369,000

Prime location equipped for bank or adaptable for retail.

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Retail Restaurant Storefront

St Anne, IL 60964

$89,900

For sale storefront on W Station Street in St. Anne, Illinois, positioned for street-level retail and dining use.

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Bank Branch Leaseback Portfolio

3 Diversatech Drive, Manteno, IL 60950

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Portfolio of five bank branch properties offered for sale with a new 15-year leaseback to Homestar Bank.

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NNN Retail Investment Shops

2070 N. State Rte 50, Bourbonnais, IL 60914

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Newly constructed, 4-tenant NNN retail property on State Highway 50 with 10-year leases and end-cap drive-thru.

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Two-Building Retail Property

335-339 S Kennedy Dr, Bradley, IL 60915

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Two retail buildings on a concrete slab foundation include a single-tenant building and a three-unit building with a bump out.

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Retail Outlot Land Opportunities

455 Main St NW, Bourbonnais, IL 60914

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0.46 AC lot

Retail outlots are available near a jewel-anchored shopping plaza at a signalized intersection with close proximity to I-57.

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Retail Outlot Land Opportunity

455 Main St NW, Bourbonnais, IL 60914

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1.64 AC lot

Retail outlots are available for development near a signalized intersection within a Jewel-Osco and Goodwill anchored plaza.

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Retail Space For Sale

633 Armour Rd, Bourbonnais, IL 60914

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For sale retail property located at 633 Armour Rd in Bourbonnais, IL.

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