Kankakee, US
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 (additional info downloaded). MAIN FLOOR INDUSTRIAL SPACE WILL BE VACANT OCT 1ST. APPX 10000 SQU FEET - EASILY SUBDIVIDED INTO 3/4 SPACES. OWNER WILL BUILD TO SUIT.
Courtesy Of: Berkshire Hathaway HomeServices Speckman Realty
Feature Highlights
- Built Before 1978
General Features
- List Date:
- 01/15/2020
Interior Features
- Agent Owned/Interest:
- No
Exterior Features and Amenities
- Area:
- Kankakee
- Lot Dimensions:
- 125 X 145
Financial
- List Date Received:
- 2020-01-15T17:13:54
- Update Date:
- 2020-09-30T19:13:50
- Taxes:
- 11644.7
- Status Date:
- 2020-01-21T06:05:37
- Possession:
- Tenant's Rights
- Net Oper Income:
- $36,883.00
- Market Time:
- 816
- Listing Market Time:
- 261
- Listing Type:
- Exclusive Right To Sell
- Gross Rental Income:
- $38,100.00
- Cooperative Compensation:
- 2%
Other Features
- Green Features:
- Tankless hot water heater
- Green Supporting Documents:
- N
- Approx Year Built:
- 1900
- Township:
- Kankakee
- Zoning Type:
- COMMR
- Are any property photos virtually staged?:
- No
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Data last updated: 2025-12-19.
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