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793 N 5th Ave
Kankakee, IL 60901

Retail Property For Sale

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 Under Contract

Sale Type
Investment
Property Type
Retail
Property Subtype
Bar
Building Size
5,200 SF
Year Built
1943
Price
£197,941
Price Per SF
£38
Net Initial Yield
12%
NOI
£23,753
Percent Leased
100%
Number of Floors
2
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

PROPERTY TAXES

Parcel Number 16-09-32-106-007 Improvements Assessment £41,130
Land Assessment £3,286 Total Assessment £44,416

PROPERTY TAXES

Parcel Number
16-09-32-106-007
Land Assessment
£3,286
Improvements Assessment
£41,130
Total Assessment
£44,416
 

  • Listing ID: 32158377

  • Date on Market: 17/06/2024

  • Last Updated:

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

The Retail Property at 793 N 5th Ave, Kankakee, IL 60901 is currently available for sale. Contact McColly Bennett Commercial Advantage for more information.

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