Kankakee, IL Retail properties & Spaces for Rent & Lease

Updated: Oct 29

Divisible Retail Space

446 S. Washington Avenue, Kankakee, IL 60901

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13,400 sqft

13,400 SF of divisible retail space
At the Washington Avenue and Hickory Street intersection in Kankakee
Adjacent to Jewel‑Osco
Nearby retailers include Walmart, Dunkin' Donuts, Burger King and Dollar Tree

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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

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

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41,466 sqft

Retail spaces available in a prominent Kankakee commercial center.

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3 active listings match your search: Retail for lease in Kankakee, IL. Based on your search, we've also compiled 9 Potential Opportunities for your consideration: 4 spaces in nearby cities and 5 properties for sale.

Retail properties & Spaces for Lease in Nearby Cities

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

Flex Space With Atrium Entry

519-519 E North St, Bradley, IL 60915

$9 SF/Yr

11,900 sqft

Road access

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

Sprinklered Glass atrium entryway

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In-Line Retail Space

532-538 Main Street NW, Bourbonnais, IL 60914

$17 SF/Yr

Multi-tenant 1,800 sqft

Starbucks Coffee, The Honey Baked Ham Company co-tenants

Open-plan space includes a private office and restroom within a retail center anchored by Starbucks Coffee.

Open-concept layout Office Restroom Large windows for natural light

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Mixed-Use Space with Atrium Entry

519 E North Street 519, Bradley, IL 60915

Contact for pricing

11,900 sqft

The interior combines open areas, offices, storage, warehouse space, and multiple restrooms.

Sprinklered Glass atrium entryway

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Versatile Retail/Commercial Leasing Opportunity

375 Main St. NW, Bourbonnais, IL 60914

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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 5 Spaces matching your search parameters.

Bank Building with Drive-Through

1370 W Court St, Kankakee, IL 60901

$369,000

1,550 sqft Built 1968

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

Drive-thru Office Teller lines Kitchenette Vault Lobby area

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Truck Terminal with Cold Storage

339 W Issert Drive W, Kankakee, IL 60901

$3,999,999

8,000 sqft 4 acres 10 docks + 4 drive-in 3,400 sqft freezer Built 2022 900 sqft office

Highway access

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

Outdoor storage 10 Unloading docks with sheltered overhead doors 3400 sqft Freezer Area Fuel Depot with 10,000 gallon underground tank 80,000 LB truck base for parking Kohler 60,000 Watt Generator

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Mixed-Use Property with Central Air

242 W Jeffery Street, Kankakee, IL 60901

$560,000

0.3 acres Built 1950

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

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Storefront Retail Property

354 S East Avenue, Kankakee, IL 60901

$169,900

Built 1905

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

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Historic Mixed-Use Building

155 S Schuyler Avenue, Kankakee, IL 60901

Contact for pricing

1 building Built 1894

Divisible commercial space includes a separate rear entrance opening toward Miner Festival Square.

Utilities to site Large walk-out rooftop area

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

Explore 3 Retail properties & Spaces for lease in Kankakee, IL on Realmo, a commercial real estate exchange covering the Kankakee area. The current inventory totals 54,866 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 $21.86 SF/Yr.

Kankakee accounts for 11% of the 28 retail properties & spaces currently available across Kankakee County, where nearby markets include Bourbonnais and Bradley.