Property for Sale: 254 E 2500 S, Kankakee, IL 60901

$975,000
$975,000
254 E 2500 S, Kankakee, IL 60901
$975,000
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Price:
$975,000
$175,000 - 06/20/2024

Type Commercial
Year Built 1920

City Kankakee
County Kankakee

MLS 12002941
Status Active
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 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. 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. The second home, could be purchased at an additional cost (not shown in photos) 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.

Lot & Building Features

Construction Wood Frame
Cooling Central Air, Window Unit(s)
Tax Year 2023
Fireplaces 1
Lot Dimensions 10 +/- ACRES ft

Price History of 254 E 2500 S, Kankakee, IL

Date Name Price Difference
06/20/2024 Price Adjustment $975,000 15.22%
12/31/1969 Listing Price $1,150,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.
Photo of Kim Patton
Direct: 773-445-4442
Office
3580 W 95th Street
Evergreen Park, IL 60805
708-422-0011
Listed by McColly Bennett Real Estate, Kelly Winterroth
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254 E 2500 S (MLS #12002941) is a commercial listing located in Kankakee, IL. This property was listed on 03/14/2024 and has been priced for sale at $975,000.

Nearby zip codes are 60910, 60914, 60915, 60922 and 60964. This property neighbors other cities such as Aroma Park, Bourbonnais, Bradley, Chebanse and St Anne.

Midwest Real Estate Data

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: McColly Bennett Real Estate