Kankakee, IL Retail Properties & Spaces for Sale

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Bradley, IL Bourbonnais, IL Saint Anne, IL Chebanse, IL Manteno, IL Momence, IL Grant Park, IL Pembroke Township, IL

10 properties

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Updated: Jun 1

Truck Terminal with Cold Storage

339 W Issert Drive W, Kankakee, IL 60901

$3,999,999

4.00 AC lot

4‑acre truck terminal completed in 2022 with 8,000 square feet of improvements
3,400‑square‑foot freezer area with 14‑foot interior height
10 unloading docks with sheltered 10‑foot overhead doors
Four tractor/trailer drive‑through bays with 14‑by‑14‑foot doors
10,000‑gallon underground fiberglass fuel tank and 60,000‑watt Kohler generator

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Updated: Jan 3

Mixed-Use Property with Central Air

242 W Jeffery Street, Kankakee, IL 60901

$560,000

0.30 AC lot

Commercial and residential components
0.298‑acre parcel
Central air conditioning
Constructed in 1950
242 W Jeffery Street, Kankakee, IL 60901

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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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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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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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Shopping Center with Value-Add Lease-Up

1280 Kennedy Dr, Kankakee, IL 60901

Contact for pricing

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

$179,900

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

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Multi-Tenant Shopping Center

1 MEADOWVIEW CENTER, Kankakee, IL 60901

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Established retail center with multiple buildings, outlots, national tenants, and drive-thru retail operations.

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Vacant Truck Terminal Facility

1405 Stanford Dr, Kankakee, IL 60901

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Industrial property combining designated truck parking with maintenance operations.

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Mixed-Use Property with Apartments

496 North 5th Avenue, Kankakee, IL 60901

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Three upstairs apartments accompany the commercial component and two adjacent lots.

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Based on your search, we've compiled 20 Potential Opportunities for your consideration. Besides 10 Active listings in Kankakee, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Fully Leased Retail Center

507 N CONVENT ST, Bourbonnais, IL 60914

Contact for pricing

9,782 sqft

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

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Renovated Retail Space

423 West Broadway Street, Bradley, IL 60915

$329,000

4,800 sqft

Flexible commercial layout with basement storage and a dedicated office area along Broadway Street.

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Two-Building Retail Property

335-339 S Kennedy Dr, Bradley, IL 60915

Contact for pricing

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 Space For Sale

633 Armour Rd, Bourbonnais, IL 60914

Contact for pricing

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

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Prime Commercial Land For Sale

380 East 9000N Road, Manteno, IL 60950

$550,000

5.00 AC lot

5-acre commercial land parcel near upcoming industrial development.

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Commercial Land with Highway Frontage

RT 53 Highway, Wilmington, IL 60481

$399,800

15.00 AC lot

Commercial land offering utility availability and access near I-55 in Wilmington.

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Flexible Storefront Building

146 E Main Street, Braidwood, IL 60408

$145,000

0.36 AC lot

Open interior configuration offers adaptable space for retail, office, or other commercial uses.

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Commercial Land Near Retail Plaza

70 S Will Road, Diamond, IL 60416

$124,750

The site carries COMMR zoning and has water available.

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Off-Market Properties in Kankakee, IL

Consider similar Off-Market properties in Kankakee, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Office Spaces

2155-239 Schuyler Ave, Kankakee, IL 60901

Value Estimation by Request

12,800 sqft

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Retail properties & Spaces

1 Meadowview Ctr, Kankakee, IL 60901

Value Estimation by Request

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Kankakee, IL Retail Properties & Spaces Market Trends and Statistics

Explore 12 retail properties & spaces for sale in Kankakee, IL, showcased through 10 active listings on our real estate platform. These investment opportunities span a total of 294,707 square feet of properties for sale, with an estimated market value of $8,068,899.

Sale prices for stores in Kankakee, IL start at $179,900, averaging $1,344,816, and reaching up to $3,999,999 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 33K

Population Growth (5Y) -6.4%

Median Household Income $54,557

College Educated 22.6%

High-Yield Neighborhoods for Investment

Identify Kankakee submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
60901	$1.3M

Taxes & Financing

Tax Rate (average for all types) 11.80%

Tax Rate vs County Average 2.50 pp above county avg

Average Loan-to-Value 65.0%

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