1240 Stanford Drive Kankakee, IL ^$ 499,000

1240 Stanford Drive

^$ 499,000

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1240 Stanford Drive

Kankakee, IL, 60901

^$ 499,000

Bedrooms-- Baths-- Sq 7,200

Monthly Estimate*

^$ 3,072

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Commercial Property for sale in Kankakee, IL

for $499,000. This 7,200 square foot building was built in 2003 on a lot size of 0.591322.

Excellent industrial opportunity in Kankakee! This 7,200 SF building features a new roof with a 20-year warranty, a 4,000 SF warehouse with a 14'x12' drive-in door, and 1,500 SF of office space on both levels. Dual electrical services include 200 amp, 240V 3-phase and 400 amp, 480V 3-phase power. HVAC systems are in great condition. Ideal for light manufacturing, storage, or service business use. Zoned Industrial and conveniently located near I-57 and major thoroughfares.

Commercial Active

Price

^$ 499,000

Property Type

Commercial

Taxes

^$ 9,895

Style

Lot Size

0.591322

Year Built

2003

Town/City

Kankakee

County/Region

Kankakee

MLS | Web ID

12493178

Features

General

Cooling Central Air

Zoning INDUS

Year Built 2003

Electric Service - 201 to 600 Amps Power - 240V Power - 480V Three Phase

Stories Count 2

Tax Year 2024

Gross Income 0

County Kankakee

Net Operating Income 0

Operating Expense 0

Property Type Commercial Sale Industrial

Status Active

Directions Go west on Court St. then left on Standford Drive.

City Kankakee

MLS Area Kankakee

Lot Size Square Feet 25758

Tax Annual Amount 9895.3

Additional Parcels Y/N N

Leasable Area 7200

Standard Status Active

Exterior

Building Area Total 7200

Lot Dimensions 121.33X213.20X121.45X211.01

* Excluded Features

List By

Mccolly Bennett Real Estate

Broker

gleutloff@mccolly.com

Affordability Calculator

$3,897

Per Month

Monthly Principal & Interest: $3,072
Monthly Property Taxes: $825
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% 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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Nearby

Trends
Schools

Commerical listings in Kankakee, IL

Average List Price ^$477,823

Percent of Sale Price 4%

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
10/10/2025	$499,000		Listed Price

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1240 Stanford Drive, Kankakee, IL, 60901 is a Commercial Property for sale at $499,000 with 7,200 sqft and a lot size of 0.591322. 1240 Stanford Drive was built in 2003. 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 6.25% 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 1/13/2026.

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1240 Stanford Drive

Commercial Property for sale in Kankakee, IL

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