Address
110 E Hickory Street, Kankakee, IL
Price
$ 375,000
Property Attributes
  • MLS#11884299
  • TypeContingent
  • CountyKANKAKEE
  • CityKankakee
  • AreaKankakee
  • Zip60901
  • Style
  • Year Built1940
  • Taxes$ 3674
  • Price$ 375,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage14210
  • Lot Size0.326217 Acres
Data Source:
Midwest Real Estate Data (MRED)
Property Description

Talk about space and possibilities! Bring your business ideas to this unique property! Featuring over 23,000 sq ft of usable space. 10,000 sq ft of shop space with 4 overhead doors, multiple car lifts, paint booth, oil burning furnace, gas burning furnace, and an elevator to bring your classic cars to the second floor storage area. Second floor is mainly used for car storage at the moment. Back on the first floor there are multiple offices and showroom. This building was originally built as a car dealership. Property currently generates about $30,000 per year between car storage and leased office space. With the right owner this property can generate upwards of $150,000 per year if used fully as as car storage or leased out traditionally. If used as indoor car storage the property can house over 100 cars depending on size. New roof in 2023!!! Don't miss your chance to own this once in a lifetime property!

Price History
9/14/2023 Listed $429,999
10/16/2023 7% - $399,999
1/10/2024 7% - $375,000

General Features

Cooling Central Air
Zoning COMMR
Year Built 1940
Electric Service - 201 to 600 Amps
Tenant Pays Varies by Tenant
Stories 2
Township Kankakee
Tax Year 2022
Gross Income 30000
County Kankakee
Net Operating Income 20000
Operating Expense 10000
Property Type Commercial Sale
Contingency Attorney/Inspection
Status Contingent
Directions From E Court St turn right on S Schuyler Ave turn right on E Hickory St.
City Kankakee
Total Units 3
MLS Area Kankakee
Lot Size Square Feet 14210
Street Name Hickory
Tax Annual Amount 3674.44
Additional Parcels Y/N No
Leasable Area 23520
Days on Market 146
Standard Status Active Under Contract
Property Type Industrial

Interior Features

Street Suffix Street

Exterior Features

Building Area Total 14210
Lot Dimensions 98X145

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 Contingent Average in 60901

Price
AVG $180K
$380K
Taxes
AVG $3,204
$3,674
Visits
AVG 90
381
Data Provided by Inside Real Estate®
Year Built
AVG 1945
1940
Walkscore
AVG 38
85
Data Provided by Walkscore® not using MLS data

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