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1240 Stanford Dr 7,200 SF Industrial Building Kankakee, IL 60901 $499,000 ($69.31/SF)



Investment Highlights
- Total building size: 7,200 SF
- 14’ x 12’ drive-in door
- New roof with 20-year warranty
- Approx. 4,000 SF warehouse space and 3,000 SF total office space (1,500 SF per level)
- HVAC systems in excellent condition
- Dual electrical service: 200 amp, 240V, 3-phase 400 amp, 480V, 3-phase
Executive Summary
Excellent industrial opportunity in Kankakee! This 7,200 SF building features a new roof with a 20-year warranty, a 4,000 SF warehouse with a 14'x12' drive-in door, and 1,500 SF of office space on both levels. Dual electrical services include 200 amp, 240V 3-phase and 400 amp, 480V 3-phase power. HVAC systems are in great condition. Ideal for light manufacturing, storage, or service business use. Zoned Industrial and conveniently located near I-57 and major thoroughfares.
Property Facts Under Contract
| Price | $499,000 | Lot Size | 0.58 AC |
| Price Per SF | $69.31 | Rentable Building Area | 7,200 SF |
| Sale Type | Investment or Owner User | No. Stories | 2 |
| Property Type | Industrial | Year Built | 2003 |
| Building Class | C | Tenancy | Single |
| Price | $499,000 |
| Price Per SF | $69.31 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Building Class | C |
| Lot Size | 0.58 AC |
| Rentable Building Area | 7,200 SF |
| No. Stories | 2 |
| Year Built | 2003 |
| Tenancy | Single |
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Property Taxes
| Parcel Number | 17-09-28-402-008 | Improvements Assessment | $77,885 |
| Land Assessment | $10,488 | Total Assessment | $88,373 |
Property Taxes
Parcel Number
17-09-28-402-008
Land Assessment
$10,488
Improvements Assessment
$77,885
Total Assessment
$88,373
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1240 Stanford Dr
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