Kankakee IL Real Estate & Commercial for Sale

30 Properties Found

The median home value in Kankakee, IL is $101,450. This is lower than the county median home value of $117,200. The national median home value is $185,800. The average price of homes sold in Kankakee, IL is $101,450. Approximately 42.75% of Kankakee homes are owned, compared to 43.56% rented, while 13.69% are vacant. Kankakee real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Kankakee real estate agent to arrange a tour today!
Learn more about Kankakee Real Estate.


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Beds:
n/a
Baths:
Sq.Ft.:
16,968
Status:
NEW LISTING
MLS#:
10348707
Type:
Business Opportunities
Lot size:
0.38 Acres
Courtesy: McColly Bennett Real Estate
View additional info

KANKAKEE - 16,700 Square foot Bowling Alley on 2.27 acres of land FOR SALE. 16 Lanes, newly refurbished with GLOWBALL and digital scoring system. Full Bar with 5 gaming machines for extra income! Building also is set up with a Pro Shop, Arcade, 2 Party Rooms, Outside Patio, and Snack Shop. Building has New Roof and HVAC plus there are over 100 parking spaces on site. This business is turn-key, call today to view!

Beds:
n/a
Baths:
Sq.Ft.:
2,400
Status:
Active
MLS#:
10337178
Type:
Retail
Courtesy: McColly Bennett Real Estate
View additional info

FOR SALE - COMMERCIAL GARAGE SPACE WITH OFFICE IN KANKAKEE! Great price, convenient location! 1 - 10' overhead door, garage bay, bathroom and office space. Perfect for contractors office or purchase and lease for income producing rental. Oversized lot with plenty of parking! Will not be on the market long, call today and make an offer!

Beds:
n/a
Baths:
Sq.Ft.:
7,000
Status:
Active
MLS#:
10303504
Type:
Mixed Use
Lot size:
4.15 Acres
Year built:
1968
A broker reciprocity listing Courtesy: Speckman Realty Real Living
View additional info

Great Location for your business! Currently being engineered to separate the parcels, property to include the commercial building (including greenhouse, and garage) and the Residential property directly behind the commercial space - Could be used as additional income, or with a little TLC, a place of your own to stay close to your business. Call today to check out this great investment!

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
10302193
Type:
Mixed Use
Lot size:
15.5 Acres
Year built:
1963
A broker reciprocity listing Courtesy: Pease Real Estate
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IF YOU LIKE INCOME, YOU MUST SEE THIS LISTING. ENDLESS POSSIBILITIES WITH THIS DYNAMIC LOCATION THAT CURRENTLY HAS CASH FLOW. CALL FOR DETAILS SOON!

Beds:
n/a
Baths:
Sq.Ft.:
4,200
Status:
Active
MLS#:
10264168
Type:
Mixed Use
Lot size:
0.5 Acres
Year built:
1980
A broker reciprocity listing Courtesy: Speckman Realty Real Living
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FOR RENT - Mixed Used Building. Downstairs was previously used as a dry cleaner. Upstairs is set up with multiple private offices, 2 conference rooms, and kitchen. Lower level has 3 over sized garage doors. Separate entrance's to upper and lower unit. Upstairs is not handicap accessible. Rent the entire building for $2000. Owner would rent units separately, call LA for pricing.

Beds:
n/a
Baths:
Sq.Ft.:
4,900
Status:
Active
MLS#:
10251678
Type:
Business Opportunities
Lot size:
0.06 Acres
Courtesy: McColly Bennett Real Estate
View additional info

Great business with 3 apartments upstairs with 2 adjacent extra lots included in the price, with pin number ending in 002 & 003 / taxes $431 and $281 and additional address of 470 N 5th Ave. Needs work but can be a great business! on busy street, close to residential area. SOLD AS IS!! No inspections paid by the sellers. Come see it today!

Beds:
n/a
Baths:
Sq.Ft.:
3,000
Status:
Active
MLS#:
10249711
Type:
Mixed Use
Lot size:
0.07 Acres
Year built:
1920
A broker reciprocity listing Courtesy: Atlas Asset Management Realty LLC
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Investors special.....Multi Property can be sold as a package with 450 N 5th, please verify all info provided property needs gut rehab

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
10249700
Type:
Mixed Use
Lot size:
0.07 Acres
Year built:
1920
A broker reciprocity listing Courtesy: Atlas Asset Management Realty LLC
View additional info

Investors special.....Multi Property can be sold as a package with 440 N 5th, please verify all information as provided. Property needs gut rehab.

Beds:
n/a
Baths:
Sq.Ft.:
20,000
Status:
Active
MLS#:
10150249
Type:
Retail
A broker reciprocity listing Courtesy: Speckman Realty Real Living
View additional info
Beds:
n/a
Baths:
Sq.Ft.:
18,240
Status:
Active
MLS#:
10144570
Type:
Business Opportunities
Lot size:
0.06 Acres
A broker reciprocity listing Courtesy: Speckman Realty Real Living
View additional info

Currently Retail, Storage, and Repair - Marine equipment. Building and storefront (with rear storage), and additional 60' x 104' steel building, and outdoor storage yard, for sale on busy highway, great location for any business, along the south Kankakee Corridor, off the I57 Exit! ShowRoom - 60'x40 / Work Shop - 65'x60 / Storage - 60'x95 ENDLESS Possiblilities! **Business for sale, inquire with list agent for details***

Beds:
n/a
Baths:
Sq.Ft.:
12,400
Status:
Active
MLS#:
10145499
Type:
Office
A broker reciprocity listing Courtesy: Speckman Realty Real Living
View additional info

Fantastic opportunity for you to own a beautiful building in downtown Kankakee. 12,400 total sq ft of which a a AAA tenant current leases 6870 sq ft for $6000 per month till 12/31/2023. About 3000 sq ft available for you to lease or use. Great location one block from Kankakee Courthouse, train station, County buildings, and many eateries. High traffic and excellent free public parking on both the front and rear of the building for employees and customers/clients. Mechanics about 20 years old and rubber roof about 15 years old are all very well maintained. Rent-able space 9900 (6870 currently rented) and about 2500 common area. Available space is accessible from corridor with both front and rear entrances. Both units have restrooms. The building has classy wall coverings and lighting. This is a quality building. Net income based on projected rental income of available space Call today for your private tour.

Beds:
n/a
Baths:
Sq.Ft.:
4,000
Status:
Active
MLS#:
10130377
Type:
Industrial
Lot size:
2.6 Acres
A broker reciprocity listing Courtesy: Speckman Realty Real Living
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4000 SqFt Fully insulated, sheeted 8' interior height. Building has 4 drive in bays, motion and fire alarm, 3 phase electric, and a 10'x10' concrete vault. The property is fully fenced in, with 24 hour surveillance, and security lighting. Property has private well and septic system, Zoned Commercial, located in an enterprise zone in Kankakee county. Seller will Rent for 2500.00 Per month. Please call Peter Grant for more details. Thank you

Beds:
n/a
Baths:
Sq.Ft.:
2,440
Status:
Active
MLS#:
10125185
Type:
Office
Lot size:
0.5 Acres
Courtesy: McColly Bennett Real Estate
View additional info

Recently remodeled from top to bottom! This 2,240 square foot building also has an additional 2,240 square foot finished lower level. This office/medical/clinic style building is in pristine condition and is listed well below recent cost of actual rehab! Currently has 8 sleeping rooms for patients, four ADA compliant restrooms and open meeting areas. Prior to Clinical use, this location was a bank and still has the drive-thru lanes. Ample parking on site too. Must See!

Beds:
n/a
Baths:
Sq.Ft.:
12,258
Status:
Active
MLS#:
10122943
Type:
Industrial
A broker reciprocity listing Courtesy: Nugent Curtis Real Estate LLC
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Centrally located 12,000 square foot building on 3 lots. 5 12'x14' overhead doors provide great access to this industrial facility with 20' ceilings and 16' clear height. Roof has been well maintained in this heated building that also contains a spray booth with exhaust. The front office has separated furnace and window a/c. The block/ masonry construction with steel frame also boasts 2 separate 600 amp 3-phase electrical service and T-8 fluorescent lighting. Property also has a 50'x50' fenced and gated storage area.

Beds:
n/a
Baths:
Sq.Ft.:
8,228
Status:
Active
MLS#:
10099681
Type:
Business Opportunities
Lot size:
0.11 Acres
A broker reciprocity listing Courtesy: RE/MAX 10 in the Park
View additional info

Great Business Opportunity! You could be the next proud owner of this money generating Bar & Restaurant located in the Village of Limestone just 7 miles from Kankakee on RT 17. The bar area has plenty of seating at both the bar and table areas. Private gaming room with 5 Video Poker Machines. The Full Commercial & Spotless Kitchen does a fabulous job of providing delicious food for both the bar and the Large Restaurant seating area. The outdoor pavilion and large parking lot is great for the outdoor summer events. There is a apartment with about 1400 Sq Ft on the second floor. Enclosed Smoking area near the bar. 40 x 72 Outdoor Metal Building is great for storage and can easily be used for extra revenue. 2 car garage right next to main structure adds extra storage space if needed. Approx 12 Acres of the almost 15 acres has been used for farming. This business is currently operating & thriving so please do not disturb the employees or patrons.

Beds:
n/a
Baths:
Sq.Ft.:
14,600
Status:
Active
MLS#:
10054117
Type:
Mixed Use
Lot size:
1 Acres
Year built:
1850
Courtesy: McColly Rosenboom
View additional info

Historical Stone building from mid-1800's in view of the Kankakee River. Formally a Banquet hall & Full restaurant. Original building had been added on to & updated in 1971. The building has 14,600 sq. ft., 8800 sq. ft. on main level 5800 sq. ft on second floor. Main dinning room has a 2- story stone fireplace with exposed stone walls, parquet HW floors. exposed timber roof along with ornate chandeliers. Seating for approx. 500 people. Main dinning Rm seats 200, upstairs 230, & the lounge seats 80. 2nd level. 2nd level room can be divided into 3 or4 smaller rooms for multiple functions. New roof in 2003. 2 handicap access bathrooms on each level 2004. 3 HVAC units, with 1 new. Bldg originally designed for industrial use, redesigned into a restaurant/banquet hall in 1971. Parking for 150. Excellent building full of charisma, location, & parking. Building is in the Enterprise Zone. Also in the area directly north of the River with purposed River Front Development.

Beds:
n/a
Baths:
Sq.Ft.:
2,500
Status:
Active
MLS#:
10031881
Type:
Retail
Courtesy: McColly Bennett Real Estate
View additional info

PRICE DROPPED! INVESTMENT PROPERTY FULLY LEASED WITH EXTRA BUILDABLE LOT! 2,500 Square foot, SINGLE TENANT, commercial building for Sale in Kankakee. Great visibility, with over 7000 VPD at your doorstep, dependable, long term tenant in place. Extra Buildable Lot included in Sale Price! Great investment property! LISTED AT AN 11 CAP!! Call today!

Beds:
n/a
Baths:
Sq.Ft.:
6,000
Status:
Active
MLS#:
10028247
Type:
Mixed Use
Lot size:
0.33 Acres
Year built:
1868
A broker reciprocity listing Courtesy: Speckman Realty Real Living
View additional info

Once known as the Homestead Restaurant. Premier location, plenty of parking and tons of personality for the right buyer. Commercial property features approx. 6000 Sq. Ft. , full basement, office space and fully equipped kitchen. Restaurant boast bar, dining area, banquet and gaming rooms. Updates include newly remodeled bathrooms, sprinkler system installed '15($39,500) new boiler '15, and shingled roof '15. All business fixtures and equipment sold separately. New flat roof. Multiple parcels included in sale.

Beds:
n/a
Baths:
Sq.Ft.:
500
Status:
Active
MLS#:
10013398
Type:
Retail
A broker reciprocity listing Courtesy: SNAP REALTY LLC
View additional info
Beds:
n/a
Baths:
Sq.Ft.:
18,305
Status:
Active
MLS#:
09990054
Type:
Mixed Use
Lot size:
0.42 Acres
Year built:
1900
A broker reciprocity listing Courtesy: Speckman Realty Real Living
View additional info

Listed UNDER Appraised Value! Commercial Building For Sale. Currently houses a sheet metal business and 5 apartments upstairs. Two of the 5 apartments were just redone with high end industrial finishes. Those 2 units are 1B/1B, SS Appliances, Laundry in Unit. Age of building estimated, original structure built in 1900's, multiple additions have been added over the years. Most recently an addition in 1997 added appr 4200 SQ/FT. This includes an office, shop. Open bay - IBEAM construction, 440V electrical, 18 ft over head door, GFA heats. 3 additional offices, including lots of storage - with C/A and GFA. 715 square foot basement - also used for storage. Lunch/ breakroom, estimators office and book keeping office. Total 18000 +/- square feet. 2018 2 electrical panels updated to breakers in commercial space. Located in TIF district. Info download with disclosures.

Beds:
n/a
Baths:
Sq.Ft.:
4,828
Status:
Active
MLS#:
09968445
Type:
Multi-Family
Lot size:
0.42 Acres
A broker reciprocity listing Courtesy: Coldwell Banker Residential
View additional info

BEAUTIFULLY maintained residential apartment building with river views! These 8 spacious units are a mix of 1 & 2 bedroom apartments - each with nice kitchens, plenty of storage, and 1.5 to 2 baths. The residents share an 8-car detached garage, plus a small parking lot. There is a large common area/recreation room in the basement, along with laundry facilities. Close to the Riverview Historic District. A VERY attractive property - call to arrange a private showing!

Beds:
n/a
Baths:
Sq.Ft.:
909
Status:
Active
MLS#:
09957171
Type:
Mixed Use
Lot size:
0.12 Acres
Year built:
1940
Courtesy: McColly Bennett Real Estate
View additional info

Great Location!!! Right on Kennedy Dr. Office contains 3 separate offices, kitchen and bath. Extra storage space in attic. Refrigerator, washer and dryer stay. Property being sold "as is"

Beds:
n/a
Baths:
Sq.Ft.:
5,382
Status:
Active
MLS#:
09936145
Type:
Mixed Use
Lot size:
0.09 Acres
Year built:
1900
A broker reciprocity listing Courtesy: Coldwell Banker Residential
View additional info

Commercial unit on busy street corner. Main floor of the building has 3 separate retail units--each with its own entrance, storage, and bathroom. 2 residential rentals on the 2nd floor--one has inside entrance, one has outside entrance. Each has approximately 850 SF, 2 bedrooms, and 1 bath. Residential units currently are rented.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
09884447
Type:
Multi-Family
A broker reciprocity listing Courtesy: Realty Advisors Elite LLC
View additional info

Rarely vacant, Great 11 unit apartment building. 10-2 bedroom units and 1-4 bedroom unit. 1/2 basement under unit. Great location. Off street parking. Each unit has a private entrance. A real moneymaker! Additional rental buildings available as part of a 45 unit package ! Property manager available for any or all properties with 6 years experience managing these properties in Kankakee. Seller is open to creative financing options.

Beds:
n/a
Baths:
Sq.Ft.:
6,758
Status:
Active
MLS#:
09884444
Type:
Multi-Family
Lot size:
0.16 Acres
A broker reciprocity listing Courtesy: Realty Advisors Elite LLC
View additional info

Updated, fully rented 12 unit, 2 story apartment building. 4-2 bedroom units and 8-1 bedroom units. Great Cash flow! Building sits on one lot with additional vacant lot. Cable TV, ceiling fans, off-street parking and full basement. Good investment for income! This property is also available as part of 45 unit package. Professional property management available for these properties with approximately 6 years managing these buildings. Seller is open to creative financing options.

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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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