This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

242-246 Jeffery

3,950 SF 100% Leased Office Building Kankakee, IL 60901 £453,821 (£115/SF)

Investment Highlights

  • Heavy Day Light Traffic
  • Versatile Property
  • Residential & Commercial Units

Executive Summary

Exceptional investment opportunity with this unique mixed-use property. Commercial and residential uses! This versatile property offers a balanced blend of income-generating commercial and residential units, creating a robust portfolio under one ownership. Key Highlights: Dual Functionality (Commercial & Residential), Income-Generating Asset, Prime Location, One-of-a-Kind Investment

Financial Summary (Actual - 2023) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Portfolio Sale
Property Type
Office
Property Subtype
Office/Residential
Building Size
3,950 SF
Building Class
C
Year Built/Renovated
1940/2018
Price
£453,821
Price Per SF
£115
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
1,975 SF
Building FAR
0.60
Lot Size
0.15 AC
Parking
20 Spaces (5.06 Spaces per 1,000 SF Leased)

Amenities

  • Basement
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
16-17-07-205-006
Land Assessment
£2,343
Improvements Assessment
£12,706
Total Assessment
£15,049
Annual Taxes
-£1 (£0.00/sf)
Tax Year
2023
  • Listing ID: 33817486

  • Date on Market: 09/11/2024

  • Last Updated:

  • Address: 242-246 Jeffery, Kankakee, IL 60901

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}