1235 Stanford Drive Kankakee, IL $ 375,000
1235 Stanford Drive
$ 375,000
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1235 Stanford Drive

Kankakee, IL, 60901
$ 375,000
Baths0.0 Sq 6,240

Monthly Estimate*

$ 2,492

1235 Stanford Drive, Kankakee, IL 60901 - Image 1
1235 Stanford Drive, Kankakee, IL 60901 - Image 2
1235 Stanford Drive, Kankakee, IL 60901 - Image 3
1235 Stanford Drive, Kankakee, IL 60901 - Image 4
1235 Stanford Drive, Kankakee, IL 60901 - Image 5
Studio

Commercial Property for sale in Kankakee, IL

for $375,000. This 6,240 square foot building was built in 1980 on a lot size of 0.532048.

Spanning 6,240 SF, this versatile property offers boundless potential for a combination of residential, office, heated/cooled/secured storage, workshop areas, and rental opportunities. Situated under one roof, the structure currently features 4 distinct units with the capability to reconfigure into 6 units or even into one expansive warehouse space, tailored to suit expansive visions. It presents a unique opportunity to generate rental income while concurrently utilizing space for personal needs. Enhanced security is provided by fencing at the property's rear, alongside a spacious parking area. Each unit is equipped with its own HVAC system, at least one bathroom (with certain units boasting additional ones, including a shower), multiple plumbing access points, and a rear entry door. The facility is powered by a 600 amp 3 phase service and features several garage doors, including a high double bay door, for convenient access. Its prime location offers easy access to I-57. Don't miss this oppurtunity!

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Commercial Active

Price

$ 375,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 5,707

Style

Lot Size

0.532048

Year Built

1980

Town/City

Kankakee

County/Region

Kankakee

MLS | Web ID

12054834

Features
General
Cooling Central Air
Possession Closing
Roof Membrane
Zoning INDUS
Construction Materials Wood Frame
Year Built 1980
Electric Service - 201 to 600 Amps Three Phase
Tenant Pays Varies by Tenant
Stories 1
Property SubType Automotive
Tax Year 2023
Current Use Other
Gross Income 0
County Kankakee
Net Operating Income 0
Operating Expense 5708
Insurance Expense 0
Property Type Commercial Sale Mixed Use
Status Active
Directions From I-50 turn east onto Grinnell Rd. Turn left (north) onto Stanford Dr. last right before 57. Property is on your left with large parking lot.
City Kankakee
Total Units 4
MLS Area Kankakee
Lot Size Square Feet 23176
Street Name Stanford
Tax Annual Amount 5707.5
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Days on Market 6
Standard Status Active
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Interior
Flooring Carpet Concrete Vinyl
Street Suffix Drive
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Exterior
Building Area Total 6240
Lot Dimensions 100X231.76
Exterior Block
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* Excluded Features
List By
Village Realty Inc

Broker

dpkooy@gmail.com

Email

Affordability Calculator

$2,968
Per Month
84%
16%
0%
Monthly Principal & Interest
$2,492
Monthly Property Taxes
$476
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/13/2024$375,000 Listed Price

Map


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1235 Stanford Drive, Kankakee, IL, 60901 is a Commercial Property for sale at $375,000 with 6,240 sqft and a lot size of 0.532048. 1235 Stanford Drive is a studio with 0.0 baths and was built in 1980. The property's zip code is 60901 which is in Kankakee, IL