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793 N 5th Ave 5,200 SF 100% Leased Retail Building Kankakee, IL 60901 $249,900 ($48.06/SF) 12% Cap Rate

EXECUTIVE SUMMARY

FOR SALE - KANKAKEE - 6 UNIT MIXED USE INCOME PRODUCING PROPERTY - 2 commercial units on the first floor and 4 apartments on 2nd floor. Ample parking in side and back of building. Apartments have private interior entry. Almost 10,000 Vehicles per day at your doorstep! Zoned C- 2 -Commercial. Fully occupied, listed at a 12 cap rate! Great investment property, call today

ATTACHMENTS

793_797_N_5th_Sale_Brochure

PROPERTY FACTS Under Contract

Sale Type
Investment
Property Type
Retail
Property Subtype
Bar
Building Size
5,200 SF
Year Built
1943
Price
$249,900
Price Per SF
$48.06
Cap Rate
12%
NOI
$29,988
Percent Leased
100%
Building Height
2 Stories
Building FAR
0.49
Lot Size
0.24 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
C-2 - Commercial
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Walk Score®
Very Walkable (74)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

NEARBY MAJOR RETAILERS

Storage Sense
First American Bank
Planet Fitness
The YMCA
PNC Bank
Jewel-Osco
First Financial Bank

PROPERTY TAXES

Parcel Number 16-09-32-106-007 Improvements Assessment $51,926
Land Assessment $4,149 Total Assessment $56,075

PROPERTY TAXES

Parcel Number
16-09-32-106-007
Land Assessment
$4,149
Improvements Assessment
$51,926
Total Assessment
$56,075
(815) 549-4301

CONTACT

  • Buck Tamblyn
    Buck Tamblyn

  • Listing ID: 32158377

  • Date on Market: 6/17/2024

  • Last Updated:

  • Address: 793 N 5th Ave, Kankakee, IL 60901

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793 N 5th Ave
(815) 549-4301 x

793 N 5th Ave

Buck Tamblyn

(815) 549-4301

(815) 549-4301

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