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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
PROPERTY FACTS
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
Zoning
C-2 - Commercial
TRAFFIC
| COLLECTION STREET | CROSS STREET | TRAFFIC VOLUME | YEAR | Distance |
|---|---|---|---|---|
| North 5th Avenue | W Williams St, SE | 5,886 | 2024 | 0.09 mi |
| West Henry Street | N 5th Ave, W | 593 | 2024 | 0.15 mi |
| West Williams Street | N Entrance Ave, E | 1,088 | 2024 | 0.21 mi |
| Kennedy Dr | Wilson Dr, S | 23,955 | 2023 | 0.23 mi |
| Kennedy Drive | Wilson Dr, S | 23,624 | 2025 | 0.23 mi |
| North Entrance Avenue | W Mulberry St, N | 4,374 | 2024 | 0.28 mi |
| Kennedy Dr | A St, N | 23,955 | 2023 | 0.29 mi |
| Kennedy Drive | A St, N | 23,624 | 2025 | 0.30 mi |
| US 45;US 52 | W Harbor St, N | 18,295 | 2025 | 0.31 mi |
| US 45;US 52 | - | 18,371 | 2023 | 0.32 mi |
Walk Score®
Very Walkable (74)
NEARBY MAJOR RETAILERS
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
MAP
ADDITIONAL PHOTOS
793 797 N 5TH PHOTO 2