1815 Court StKankakee, IL 60901

Property Details for 1815 Court St

Lot size

0.52 AC

Property type

Commercial real estate

APN

16-09-33-424-022

APU

160933424022

Description

This exceptional owner-user opportunity presents a 1,500 sq ft gas station and convenience store in Kankakee, IL, situated on a 1.08-acre corner lot at the intersection of Fairmont Ave and Court St. Built in 1992 and renovated in 2000, the Class C property boasts 10 gas pumps and four fuel tanks (three 10,000-gallon tanks and one 8,000-gallon fiberglass tank). The convenience store generates $600,000 in annual sales, while fuel sales reach 200,000 gallons annually with a 50-cent-per-gallon margin. Importantly, the property is offered fee simple with 100% occupancy and no existing fuel supply agreement. The asking price is $979,900, translating to $653.27 per square foot. The property is zoned C-2 and features a single-story building. This turnkey operation presents a strong investment opportunity for a buyer seeking a profitable, established business with significant revenue potential. The convenience store does not currently sell lottery tickets or liquor. The APN is 16093342402200.

• Alternative Use

  Use

  Valuation

  Residential

  $8,351,225

  Hospitality

  $7,649,678

  Educational

  $6,364,442

  Medical

  $6,583,324

  Retail

  $9,900,243

Location Insight

City

Kankakee

County

Kankakee

State

Illinois

Latitude

41.1193

Longitude

-87.8404

CBSA code

28100

CBSA name

KANKAKEE-BRADLEY, IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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