505-545 S Schuyler Avenue Kankakee, IL 60901

$550,000
505-545 S Schuyler Avenue, Kankakee, IL 60901
09864902

Commercial Property for sale in Kankakee, IL

for $550,000. This 26,633 square foot building was built on a lot size of 145X187.

Property Information

  • $550,000
  • Commercial
  • 26,633 Square Feet
  • Taxes are $43,004
  • Multi-Family
  • Office
  • Active
  • 1 Floors
  • Lot size of 145X187
  • Kankakee, IL
  • Kankakee County
  • MLS/Web ID is 09864902

Description

Income Potential, for Sale or Lease. 2 Units are currently leased until 8/2018. 2 Units are available for rent, former Laundry Basket and another unit with 8224 sq. ft. Near Downtown Kankakee $8.00 per square foot annually. Occupied Units consist of 9900 sq. ft. and 4436 sq. ft. Both units are leased on a gross basis; the owner pays for Taxes and Insurance and maintenance. Tenants pay their own utilities.

Interior 3

Cooling System

  • Central Air

Flooring

  • Carpet(s)
  • Concrete Floors

Heating System

  • Electric Ceiling
  • Forced Air
  • Gas

Exterior 6

Building Type

  • Multi-Family

Construction

  • Concrete Block
  • Steel Frame

Parking

  • 61-80 Parking Spaces

Road Frontage

  • City Street

Roof

  • Flat Roof
  • Membrane

Siding

  • Steel

Miscellaneous 3

Accessibility

  • Handicap Bath Features

Commercial

  • Dry Fire Sprinkler
  • Overhead Door(s)
  • Wet Sprinkler System

Location

  • Business District
  • Corner Lot

Rental 1

Tenant Pays

  • Electric
  • Heating
  • Water/Sewer

† Excluded Feature

Listed By

Broker: SPECKMAN REALTY REAL LIVING

505-545 S Schuyler Avenue, Kankakee, IL, 60901 is a Commercial Property for sale at $550,000 with 26,633 sqft and a lot size of 145X187. 505-545 S Schuyler Avenue has 0.0 baths. The property's zip code is 60901 which is in Kankakee, IL

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Pricing History

Date Price Price Change Description
4/20/2018 $550,000 -38.20 % Price Change
2/23/2018 $890,000 Listed Price

Market Pricing

Average % of sale price Median % of sale price
All listings in Kankakee $214,735 61 % below $147,500 73 % below
Commerical listings in Kankakee $352,773 36 % below $254,500 54 % 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

Similar Listings

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or Call us at 1-800-839-1363