475 Riverstone Parkway Kankakee, IL ^$ 325,000

475 Riverstone Parkway

^$ 325,000

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475 Riverstone Parkway

Kankakee, IL, 60901

^$ 325,000

Studio Baths0.0

Monthly Estimate*

^$ 2,028

475 Riverstone Parkway, Kankakee, IL 60901 - Image 1

Studio

Lots and Land for sale in Kankakee, IL

for $325,000. The lot size is 3.51.

FOR SALE - KANKAKEE - 3.5 ACRES - Fully improved outlot available. Incredible retail opportunity located along I-57 at Exit 308 with excellent interstate visibility & high traffic counts. The property is situated adjacent to Walmart Supercenter, Hilton Garden Inn, Speedway, KFC, Taco Bell, Subway, Cash Store, Dollar Tree, & Dunkin' Donuts. Located in a TIF district. Priced to sell, call today!

Lots and Land Active

Price

^$ 325,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 19

Style

Commercial

Lot Size

3.51

Town/City

Kankakee

County/Region

Kankakee

MLS | Web ID

12147747

Features

General

Utilities Electric to Site Natural Gas Available Sewer Connected Water Available

Possession Closing

Zoning COMMR

Township Kankakee

Tax Year 2024

Current Use Commercial

Ownership Fee Simple

County Kankakee

Property Type Land Land

Possible Use Commercial Retail

Status Active

Directions I-57 Exit 308 North to Riverstone Parkway lot on North side of Riverstone Parkway

City Kankakee

High School District 111

MLS Area Kankakee

Tax Annual Amount 19.98

Additional Parcels Y/N N

Standard Status Active

Middle/Junior School District 111

Elementary School District 111

Interior

Basement None

Total Baths 0

Exterior

Total Parking 0

Lot Dimensions 594X43X88X106X5X663X236X594

Lot Size Acres 3.51

Road Surface Type Concrete

Frontage Length 245

Frontage Type County Road Interstate

Waterfront Y/N N

* Excluded Features

List By

Mccolly Bennett Real Estate

Broker

bucktamblyn@mccolly.com

Affordability Calculator

$2,029

Per Month

Monthly Principal & Interest: $2,028
Monthly Property Taxes: $2
Monthly Home Insurance: --

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Loan Term

Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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THE TIME TO SELL IS NOW! What's my home worth?

Nearby

Trends
Schools

Lots and land listings in Kankakee, IL

Average List Price ^$81,329

Percent of Sale Price 75%

About Kankakee, IL

25,835 Population

-8% Since 2002

^$35,173 Median Income

35.04 Median Age

30% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

566955 Elementary School

566932 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
8/26/2025	$325,000		Listed Price

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475 Riverstone Parkway, Kankakee, IL, 60901 is a Lots and Land for sale at $325,000 with a lot size of 3.51. 475 Riverstone Parkway is a studio with 0.0 baths. The property's zip code is 60901 which is in Kankakee, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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 Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) 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. 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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Data is updated as of 12/22/2025.

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475 Riverstone Parkway

Lots and Land for sale in Kankakee, IL

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