475 Brown Boulevard Bourbonnais, IL $ 2,850,000
475 Brown Boulevard
$ 2,850,000
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475 Brown Boulevard

Bourbonnais, IL, 60914
$ 2,850,000
Bedrooms-- Baths-- Sq 20,508

Monthly Estimate*

$ 17,548

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Commercial Property for sale in Bourbonnais, IL

for $2,850,000. This 20,508 square foot building was built in 1991 on a lot size of 2.63.

Introducing the Brown Professional Centre, an outstanding opportunity to own a premier medical and office complex in the heart of Bourbonnais. Ideally located on heavily traveled William Latham Drive, this impressive one-story property offers 20,508 square feet of versatile space designed to accommodate a variety of medical, dental, and professional offices. Set on over 2.7 acres, the building is fully handicap accessible and features a beautiful common area, a front canopy, and abundant parking for 100+ vehicles. Inside, there are 9 professional suites, all within a well-maintained facility supported by a standard wet system and a NEW roof installed in 2024. This property boasts a strong rental history with long-term tenants and high occupancy rates, making it a stable and attractive investment opportunity. Zoned B-1 Central Commercial District, the Brown Professional Centre offers flexibility, visibility, and convenience in one of Bourbonnais' most active commercial corridors. A rare opportunity to invest in a high-performing, income-producing property in an excellent location.

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Commercial Active

Price

$ 2,850,000

Property Type

Commercial

Taxes

$ 32,165

Style

Commercial,Medical/Dental

Lot Size

2.63

Year Built

1991

Town/City

Bourbonnais

County/Region

Kankakee

MLS | Web ID

12501573

Features
General
Cooling Central Air
Possession Closing
Roof Rubber
Zoning COMMR
Year Built 1991
Electric Separate Meters
Tenant Pays Electricity Insurance Varies by Tenant
Stories Count 1
Township Bourbonnais
Tax Year 2024
Current Use Commercial Medical/Dental
Gross Income 268151
County Kankakee
Net Operating Income 211850
Operating Expense 56300
Property Type Commercial Sale Office/Tech
Status New
Directions Route 52 - William Latham Drive (West) - Brown Blvd. Building is SW Corner of Brown and William Latham.
City Bourbonnais
Number Of Units Total 9
MLS Area Bourbonnais
Lot Size Square Feet 114619
Tax Annual Amount 32165
Additional Parcels Y/N Y
Leasable Area 3035
Standard Status Active
Cap Rate 7.57
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Exterior
Building Area Total 20508
Lot Dimensions 114619
Lot Size Acres 2.63
Frontage Type Public Road
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* Excluded Features
List By
Lincoln-Way Realty, Inc

Broker

jsiwinski@lincolnwayrealty.com; dvollmer@lincolnwayrealty.com

Email

Affordability Calculator

$20,228
Per Month
87%
13%
0%
Monthly Principal & Interest
$17,548
Monthly Property Taxes
$2,680
Monthly 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
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/19/2026$2,850,000 Listed Price

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475 Brown Boulevard, Bourbonnais, IL, 60914 is a Commercial Property for sale at $2,850,000 with 20,508 sqft and a lot size of 2.63. 475 Brown Boulevard was built in 1991. The property's zip code is 60914 which is in Bourbonnais, IL