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1930 W Station St
Kankakee, IL 60901

Retail Property For Sale

Executive Summary

FOR SALE - WEST KANKAKEE - 7 UNIT MIXED USE INCOME PRODUCING PROPERTY - 2 commercial units on the first floor and 5 apartments on 2nd floor. Ample parking in front and back of building. Apartments have private interior entry and all are on separate gas/electric meters. Zoned C 2 -Commercial. Fully occupied, listed at a 10.5 cap rate! Great investment property, call today!

PROPERTY FACTS Under Contract

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
6,164 SF
Building Class
C
Year Built
1950
Price
£237,545
Price Per SF
£39
Net Initial Yield
10.50%
NOI
£24,942
Tenancy
Single
Number of Floors
2
Building FAR
0.91
Lot Size
0.15 AC
Zoning
C-2 - Commercial

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
16-16-01-204-005
Land Assessment
£3,354
Improvements Assessment
£23,506
Total Assessment
£26,859
  • Listing ID: 32158328

  • Date on Market: 17/06/2024

  • Last Updated:

  • Address: 1930 W Station St, Kankakee, IL 60901

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