Storefront

Kankakee, IL Storefront Properties for Sale

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Bradley, IL Bourbonnais, IL Aroma Park, IL
Storefront Retail Property
Updated: Jan 3
Storefront Retail Property

242 W Jeffery Street, Kankakee, IL 60901

$560,000
Central air conditioning
Year built: 1950
For‑sale storefront retail property suited for convenience and grocery‑style uses
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Downtown Kankakee Commercial Building For Sale
Updated: Jan 28
Downtown Kankakee Commercial Building For Sale

217 E Court Street, Kankakee, IL 60901

$99,900
7,200 sqft
High‑visibility location on a main thoroughfare with over 20,000 vehicles per day.
Large 7,200 SF commercial building with full basement.
Located in the heart of Downtown Kankakee.
Historic 3‑story building suitable for rehab and income generation or owner occupancy.
Each floor is approximately 2,400 SF with 10'+ ceiling height.
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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Kankakee, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

SINGLE_FAMILY - Lowell, IN
SINGLE_FAMILY - Lowell, IN

1642 E Commercial Ave, Lowell, IN 46356

$600,000
3,566 sqft · 0.61 AC lot

Fully equipped veterinary clinic with multiple exam rooms, surgical/dental suites, and ample parking on a major thoroughfare.

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SINGLE_FAMILY - Lowell, IN
SINGLE_FAMILY - Lowell, IN

176 Deanna Dr, Lowell, IN 46356

$250,000
1,023 sqft · 0.07 AC lot

Fully remodeled open-concept suite with private rear storage and independent utilities, positioned on a high-traffic commercial corridor.

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Chicago Heights Commercial Opportunity
Chicago Heights Commercial Opportunity

348 W 14th Street, Chicago Heights, IL 60411

$299,900

Versatile property ideal for retail, office, or service-based operations.

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Chicago Heights Commercial Property Opportunity
Chicago Heights Commercial Property Opportunity

1488 Aberdeen Street, Chicago Heights, IL 60411

$180,000
2,519 sqft

Single-level commercial property with three units in Chicago Heights.

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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.

Commercial Building on Main Street
Commercial Building on Main Street

146 E Main Street, Braidwood, IL 60408

$145,000
1,600 sqft · 0.36 AC lot

1,600 sq ft commercial building on busy Main Street.

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Frankfort Commercial Land For Sale
Frankfort Commercial Land For Sale

7825 W Lincoln Highway, Frankfort, IL 60423

$510,000
0.84 AC lot

Highly visible commercial land in the heart of Frankfort, Illinois.

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Mokena Corner Lot Opportunity
Mokena Corner Lot Opportunity

McGovney Street lot: 7 Block 3 Mcgovney, Mokena, IL 60448

$135,000
0.28 AC lot

Prime commercial land in Mokena's Historic District.

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Prime Commercial Land Opportunity
Prime Commercial Land Opportunity

13500 Morse Street, Cedar Lake, IN 46303

$450,000
2.35 AC lot

2.34-acre commercial land for development in Cedar Lake, Indiana.

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Kankakee, IL Storefront Properties Market Trends and Statistics

Explore 2 storefront properties for sale in Kankakee, IL on our real estate platform. These investment opportunities span a total of 7,200 square feet of properties for sale, with an estimated market value of $99,900.

Sale prices for retail units in Kankakee, IL start at $99,900, averaging $99,900, and reaching up to $99,900 — 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

Automotive properties 2
Banks 2
Grocery and convenience stores 2
Storefront properties 2
Auto shops 1

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 $330K

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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