Storefront

Kankakee, IL Storefront Properties for Sale

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Bradley, IL Bourbonnais, IL St Anne, IL Chebanse, IL Manteno, IL Momence, IL Martinton, IL Pembroke Township, IL
Mixed-Use Property with Central Air
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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Storefront Retail Property
Updated: Jan 3
Storefront Retail Property

242 W Jeffery St, 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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Storefront Retail Property
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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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 3 Active listings in Kankakee, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 3 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.

Five-Unit Mixed-Use Building
Five-Unit Mixed-Use Building

11477 N 250 W, Sumava Resorts, IN 46379

$198,900
5,264 sqft 0.60 AC lot

USPS storefront is paired with four residential units ready for occupancy.

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Grocery and Convenience Store Building
Grocery and Convenience Store Building

235 E Main St, Braidwood, IL 60408

$399,500
2,700 sqft

Established commercial building with beverage retail functionality, a walk-in cooler, and multiple storage areas.

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Flexible Storefront Building
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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Five-Unit Mixed-Use Building
Five-Unit Mixed-Use Building

11477 N 250 W, Sumava Resorts, IN 46379

Contact for pricing

Commercial storefront and four residential units create a flexible mixed-use property configuration.

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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 Land Corner Lot
Commercial Land Corner Lot

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

$135,000
0.28 AC lot

Vacant commercial parcel with Wolf Road exposure, water available, and proximity to Mokena’s downtown train station.

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B-2 Commercial Development Land
B-2 Commercial Development Land

13500 Morse Street, Cedar Lake, IN 46303

$450,000
2.35 AC lot

B-2-zoned commercial land with public water and sewer service.

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B-2 Commercial Development Land
B-2 Commercial Development Land

13500 Morse Street, Cedar Lake, IN 46303

$450,000
2.35 AC lot

B-2-zoned commercial land with public water and public sewer access.

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Kankakee, IL Storefront Properties Market Trends and Statistics

Explore 3 storefront properties for sale in Kankakee, IL, showcased through 3 active listings on our real estate platform.

Sale prices for retail units in Kankakee, IL start at $179,900, averaging $433,300, and reaching up to $560,000 — 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

Storefront properties 4
Auto shops 2
Automotive properties 2
Grocery and convenience stores 2
Banks 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 $433.3K

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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