505-545 S Schuyler Avenue Kankakee, IL 60901

$950,000
505-545 S Schuyler Avenue, Kankakee, IL 60901
Call 1-800-839-1363
08572625

Commercial Property for sale in Kankakee, IL

for $950,000. This 26,663 square foot building was built on a lot size of 187X320.

Property Information

  • $950,000
  • Commercial
  • 26,663 Square Feet
  • Taxes are $43,004
  • Multi-Family
  • Office
  • Active
  • 2 Floors
  • Lot size of 187X320
  • Kankakee, IL
  • Downtown Neighborhood
  • Kankakee County
  • MLS/Web ID is 08572625

Description

Bank Owned 26, 500+ sf office/retail strip center, occupied with a Laundromat and a State of IL (DCFS) Service Center. Additional space is available. 24, 154 sf 1st floor and 2, 480 sf 2nd floor. One 14x16 DID, asphalt parking for approx. 80 cars, sprinklers, 400 amp electric, some inside parking, 4 roof mounted 12-ton HVAC units, several sets of restrooms.

Interior 5

Cooling System

  • Central Air

Flooring

  • Carpet(s)
  • Vinyl Flooring

Heating System

  • Gas

Interior

  • Storage

Sewer

  • Sanitary

Exterior 7

Building Type

  • Multi-Family

Construction

  • Brick
  • Concrete Block

Foundation

  • Concrete

Parking

  • 1-20 Parking Spaces
  • 61-80 Parking Spaces
  • Indoor Parking

Road Frontage

  • City Street

Roof

  • Flat Roof
  • Rubber

Siding

  • Brick
  • Frame Exterior

Miscellaneous 4

Accessibility

  • Handicap Bath Features

Commercial

  • Meeting Rooms
  • Overhead Door(s)
  • Private Restroom
  • Restroom(s)
  • Wet Sprinkler System

Land Documents

  • Appraisal
  • Rent Roll

Utilities

  • Electric
  • Water

† Excluded Feature

Listed By

Broker: INLAND REAL ESTATE BROKERAGE

505-545 S Schuyler Avenue, Kankakee, IL, 60901 is a Commercial Property for sale at $950,000 with 26,663 sqft and a lot size of 187X320. The property's zip code is 60901 which is in Kankakee, IL

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Pricing History

Date Price Price Change Description
8/24/2017 $950,000 -9.52 % Price Change
7/30/2015 $1,050,000 -4.55 % Price Change
7/19/2014 $1,100,000 -24.14 % Price Change
4/1/2014 $1,450,000 Listed Price

Market Pricing

Average % of sale price Median % of sale price
All listings in Kankakee $226,731 76 % below $134,494 86 % below
Commerical listings in Kankakee $491,125 48 % below $259,000 73 % below

Get the facts about Kankakee, IL!

Population 26,506
Population Growth (since 2000) -6 %
Median Income $32,600
Median Age 34.22
Households w/ Children 34 %

Residential Dwellings

  • Owned 4836
  • Vacant 1149
  • Rented 4479

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