This 1,100 square foot commercial building located at 1357 E Maple Street in Kankakee, Illinois, presents a compelling opportunity for a variety of uses. Priced at $99,000, the property offers a versatile space currently configured with a small office area and two garage bays, each equipped with overhead doors. The building's convenient corner location provides excellent visibility and accessibility. On-site parking is available, adding to the property's practicality. The existing layout is well-suited for an owner-occupied business, allowing for both workspace and storage needs. Alternatively, the property's design and location make it an attractive prospect for leasing to generate rental income. The building's adaptability makes it suitable for a range of commercial ventures or as a secure storage facility. This is a rare opportunity to acquire a well-positioned commercial property in Kankakee at an attractive price point. The property sits on a lot with no acreage specified. Serious inquiries are encouraged.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$2,666,889
Hospitality
$2,442,856
Educational
$2,032,428
Medical
$2,102,326
Retail
$3,161,554
Location Insight
City
Kankakee
County
Kankakee
State
Illinois
Latitude
41.1168
Longitude
-87.8487
CBSA code
28100
CBSA name
KANKAKEE-BRADLEY, IL METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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