242 Jeffery Street Kankakee, IL ^$ 580,000

242 Jeffery Street

^$ 580,000

Back to search

242 Jeffery Street

Kankakee, IL, 60901

^$ 580,000

Bedrooms-- Baths--

Monthly Estimate*

^$ 3,618

242 Jeffery Street, Kankakee, IL 60901 - Image 1

242 Jeffery Street, Kankakee, IL 60901 - Image 2

242 Jeffery Street, Kankakee, IL 60901 - Image 3

242 Jeffery Street, Kankakee, IL 60901 - Image 4

242 Jeffery Street, Kankakee, IL 60901 - Image 5

242 Jeffery Street, Kankakee, IL 60901 - Image 6

242 Jeffery Street, Kankakee, IL 60901 - Image 7

242 Jeffery Street, Kankakee, IL 60901 - Image 8

242 Jeffery Street, Kankakee, IL 60901 - Image 9

242 Jeffery Street, Kankakee, IL 60901 - Image 10

242 Jeffery Street, Kankakee, IL 60901 - Image 11

242 Jeffery Street, Kankakee, IL 60901 - Image 12

242 Jeffery Street, Kankakee, IL 60901 - Image 13

242 Jeffery Street, Kankakee, IL 60901 - Image 14

242 Jeffery Street, Kankakee, IL 60901 - Image 15

242 Jeffery Street, Kankakee, IL 60901 - Image 16

242 Jeffery Street, Kankakee, IL 60901 - Image 17

242 Jeffery Street, Kankakee, IL 60901 - Image 18

242 Jeffery Street, Kankakee, IL 60901 - Image 19

242 Jeffery Street, Kankakee, IL 60901 - Image 20

242 Jeffery Street, Kankakee, IL 60901 - Image 21

242 Jeffery Street, Kankakee, IL 60901 - Image 22

Commercial Property for sale in Kankakee, IL

for $580,000. This building was built in 1950 on a lot size of 0.29798.

Exceptional investment opportunity with this unique mixed-use property. Commercial and residential uses! This versatile property offers a balanced blend of income-generating commercial and residential units, creating a robust portfolio under one ownership. Key Highlights: Dual Functionality (Commercial & Residential), Income-Generating Asset, Prime Location, One-of-a-Kind Investment! Please reach out for further information.

Commercial Active

Price

^$ 580,000

Property Type

Commercial

Taxes

^$ 12,846

Style

Automotive

Lot Size

0.29798

Year Built

1950

Town/City

Kankakee

County/Region

Kankakee

MLS | Web ID

12188458

Features

General

Cooling Central Air

Zoning OTHER

Year Built 1950

Electric Circuit Breakers

Stories Count 2

Tax Year 2023

Current Use Automotive

Gross Income 236160

County Kankakee

Insurance Expense 0

Property Type Commercial Sale Mixed Use

Status Active

Directions South I-57 to West Court St (IL-17) to South McMullen Dr to S Washington Ave

City Kankakee

Number Of Units Total 7

MLS Area Kankakee

Lot Size Square Feet 12980

Tax Annual Amount 12846

Electric Expense 0

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 0

Additional Parcels Y/N Y

Standard Status Active

Exterior

Lot Dimensions 150X130

* Excluded Features

List By

Pavlova Properties

Broker

perezjrrodrigo7@gmail.com;rodrigo.p@pavlovaproperties.com

Affordability Calculator

$4,689

Per Month

Monthly Principal & Interest: $3,618
Monthly Property Taxes: $1,071
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

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.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

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

Nearby

Trends
Schools

Commerical listings in Kankakee, IL

Average List Price ^$523,977

Percent of Sale Price 10%

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.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/15/2024	$580,000		Listed Price

Map

More homes like this one

homes for you

See all

242 Jeffery Street, Kankakee, IL, 60901 is a Commercial Property for sale at $580,000 with a lot size of 0.29798. 242 Jeffery Street was built in 1950. 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.

http://www.mredllc.com/comms/resources/DMCA_Notice.pdf

Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 12/22/2025.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

242 Jeffery Street

Commercial Property for sale in Kankakee, IL

Affordability Calculator

Map

More homes like this one

Get more info about this home