Address
254 E 2500 S Road, Kankakee, IL
Price
$ 1,150,000
Property Attributes
- MLS#12002941
- TypeCommercial
- CountyKANKAKEE
- CityKankakee
- AreaKankakee
- Zip60901
- Style
- Year Built1920
- Taxes$ 7404
- Price$ 1,150,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage11880
- Lot Size10 Acres
Data Source:
Midwest Real Estate Data (MRED)
Property Description
Discover the perfect blend of commercial and residential potential with this expansive 10-acre property, strategically located just two minutes from I-57, offering easy access to shopping such as Wal-Mart and Aldi, dining, and The Hilton Garden Inn. This unique listing boasts a mix of C-3 zoning within the city for 6 tillable acres and adjacent 4 acres zoned residential in Kankakee County, presenting a versatile opportunity for various development projects or an entrepreneurial venture. For those with a vision for business, the property includes a substantial 12,000 sf, 60 x 200 metal building with concrete floor and electric, a 55 x 150 Quonset hut, and a vintage corn crib, offering ample space for operations or storage. While the property hints at a lucrative opportunity for a wholesale firewood business, including an 80,000 lbs base for shipping transport loads and long-term accounts with great potential for growth, please note that the business and heavy equipment are not included in the price. Or perhaps wedding/banquet venue.. so many possibilities. Other local businesses to include Shoup Manufacturing, Loves Truck Stop and many more. The property features two well-maintained homes. The main residence is a testament to comfortable living with a newer kitchen, stainless steel appliances, a large island perfect for entertaining, and a dining area that opens to a spacious great room. This room is highlighted by a wood-burning fireplace and cathedral ceilings, creating an inviting atmosphere. The primary suite, located on the main floor, offers privacy and convenience, complete with 3 full baths, one featuring heated floors, ensuring a luxurious living experience. A perfect deck off the kitchen allows for serene morning coffees or summer grilling. The second home, with a separate PIN (16-17-17-300-02), includes 2 bedrooms, 1 full bath, an eat-in kitchen, living room, and a large laundry/mud room with a half bath, encapsulating comfort and functionality. Situated near biking and walking paths along the Kankakee River, Kankakee Community College, Splash Valley Aquatic Center, and Ice Valley Centre Ice Arena, this property does not just offer a place to live and work but a lifestyle enriched with convenience and recreational opportunities. This listing represents a rare chance for entrepreneurs, developers, or those dreaming of a blend of commercial and residential life, to create something truly special in a prime location.
| Price History | |
|---|---|
| 3/14/2024 | Listed $1,150,000 |
General Features
| Cooling | Central Air,Window Unit(s) |
|---|---|
| Utilities | Electric to Site,Gas to Site,Septic-Private,Well Private |
| Possession | Closing |
| Roof | Composition,Metal |
| Zoning | COMMR |
| Construction Materials | Wood Frame |
| Year Built | 1920 |
| Electric | Circuit Breakers,Separate Meters,Service - 0 to 100 Amps,Service - 101 to 200 Amps |
| Tenant Pays | Electricity,Heat,Taxes,Insurance |
| Stories | 2 |
| Township | Kankakee |
| Property SubType | Mixed Use |
| Tax Year | 2022 |
| County | Kankakee |
| Insurance Expense | 1800 |
| Property Type | Commercial Sale |
| Status | Active |
| Directions | I 57 to Exit 308. North onto US45/US52,At Tholen's Landscaping turn Right onto E 2500S RD,1/2 mile East on Righthand side |
| City | Kankakee |
| Total Units | 7 |
| MLS Area | Kankakee |
| Lot Size Square Feet | 435600 |
| Street Name | 2500 S |
| Tax Annual Amount | 7404.74 |
| Electric Expense | 2076 |
| Trash Expense | 600 |
| Additional Parcels Y/N | Yes |
| Days on Market | 7 |
| Standard Status | Active |
| Property Type | Mixed Use |
Interior Features
| Flooring | Carpet,Tile,Wood |
|---|---|
| Total Fireplaces | 1 |
| Street Suffix | Road |
Exterior Features
| Foundation Details | Concrete Perimeter |
|---|---|
| Building Area Total | 11880 |
| Lot Dimensions | 10 +/- ACRES |
| Exterior | Steel Siding |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 60901
Price
Taxes
Visits
Year Built
Midwest Real Estate Data (MRED) All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than NextHome Select Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2024 All rights reserved.Based on information submitted to the MLS GRID as of April 28, 2024 6:18 PM UTC All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice.
Data is updated as of April 28, 2024 6:18 PM UTC
