1370 Court StKankakee, IL 60901

  • Commercial real estate
  • 0.17 AC
For Sale
$450,000 View listing

Property Details for 1370 Court St

Lot size
0.17 AC
Property type
Commercial real estate
APN
16-09-31-405-001
APU
160931405001

Description

This exceptional 1,550 square foot mixed-use building at 1370 W Court Street in Kankakee, Illinois, presents a unique investment opportunity. Ideally situated in a high-traffic area, ensuring excellent visibility and accessibility, this property is perfectly suited for a variety of businesses. Previously configured as a financial institution, the building boasts a comprehensive array of features including a drive-through, multiple teller lines, a secure vault, a well-appointed lobby area, and a convenient kitchenette. The existing infrastructure significantly reduces the time and expense associated with setting up a new business. The layout is adaptable and can easily be reconfigured to accommodate a range of commercial uses, making it an attractive option for entrepreneurs seeking a turnkey operation or investors looking for a strong return. The building's prime location and versatile design combine to create a compelling investment opportunity in a thriving market. The property sits on a 0-acre lot, offering convenient access and ample space for customer parking. This is a rare chance to acquire a fully equipped, high-traffic commercial property in a desirable location. Don't miss this chance to secure your future in Kankakee. The asking price is $450,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,758,851
    Hospitality
    $2,527,092
    Educational
    $2,102,511
    Medical
    $2,174,820
    Retail
    $3,270,573

Location Insight

City
Kankakee
County
Kankakee
State
Illinois
Latitude
41.1211
Longitude
-87.884
CBSA code
28100
CBSA name
KANKAKEE-BRADLEY, IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$8,386
$5,560
$60,028
$65,588
-
$16,680
$180,084
$196,764

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].