Kankakee, IL Commercial Real Estate for Lease and Sale

Explore 15 listings of Kankakee commercial real estate to find the best space for your business.

160 West Brookmont Boulevard

160 West Brookmont Boulevard, Meadowview, Bradley, IL
Property

Industrial

93,696 SF
Year Built

1901
For Sale

$1,873,920
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2705 S. Schuyler Ave

2705 S SCHUYLER AVE, Kankakee Airport, Kankakee, IL
Property

VacantLand

4.05 Acre
For Sale

$250,000
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Bourbonnais Towne Center Retail Spaces Available

455-569 Main Street NW, Bourbonnais, IL
Property

Retail

49,729 SF
Availability

3 Spaces

4,496 SF
Year Built

1982
For Lease

$18.00/SF/YR
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Outlots Available | Bourbonnais Towne Center

455-569 Main Street NW, Bourbonnais, IL
Property

VacantLand
For Sale

Subject To Offer
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379 Main Street Northwest

379 Main Street Northwest, Bourbonnais, IL
Property

VacantLand
Availability

1 Space

43,560 SF
For Lease Contact for pricing
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Highly-Visible Retail Outlots Available | Festival Center

185 N Kennedy Drive, Bradley, IL
Property

Retail

63,796 SF
Availability

2 Spaces

29,620 SF
For Lease

$60,000.00/YR
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End Cap Retail Suite Available | Festival Center

185 N Kennedy Drive, Bradley, IL
Property

Retail

63,796 SF
Availability

1 Space

4,300 SF
For Lease

$14.00/SF/YR
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375 Main St. NW

375 Main St. NW, Bourbonnais, IL
Property

Retail

6,504 SF
Availability

1 Space

5,304 SF
For Lease Contact for pricing
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Meijer | In-Store Retail Space

990 N. Kinzie Ave., Bradley, IL
Property

Retail

193,000 SF
Availability

1 Space

762 SF
Year Built

2018
For Lease Contact for pricing
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Bourbonnais Towne Center

NEC Route 102 (Main St) and William Latham Drive, Bourbonnais, IL
Property

Retail

111,131 SF
Availability

2 Spaces

3,026 SF
For Lease Contact for pricing
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Northfield Square Mall

1600 N State Route 50, Bradley, Bourbonnais, IL
Property

Retail

527,186 SF
Availability

66 Spaces

389,711 SF
For Lease Contact for pricing
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1115 5000 North

1115 5000 North, Bourbonnais, IL
Property

Industrial

120,000 SF
Availability

1 Space

120,000 SF
For Lease

$3.50/SF/YR
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1991 IL-50

1991 IL-50, Bradley, Bourbonnais, IL
Property

VacantLand

5.7 Acre
For Sale Contact for pricing
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1991 IL-50

1991 IL-50, Bradley, Bourbonnais, IL
Property

VacantLand

5.7 Acre
Availability

1 Space

5.7 Acre
For Lease Contact for pricing
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Water Tower Plaza

NWC Route 50 & Interstate 57, Oak Park, Bradley, IL
Property

Retail

139,007 SF
Availability

1 Space

11,364 SF
For Lease Contact for pricing
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Kankakee market, there is a total of 93,696 square feet of industrial property.

The listing inventory in Kankakee incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Kankakee is represented by Office space.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Kankakee, depending on the property type you are interested in. The highest concentration of commercial space listings of any kind in Kankakee is in the Meadowview neighborhood.

Alternatively, if you are looking for warehouse or other industrial space, consider looking at listings in Meadowview.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property.

The average size of a commercial property in Kankakee depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

Industrial space in Kankakee is in buildings that are, on average 93,696 square feet in size.

Kankakee, IL Currently Available Listings

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Kankakee, IL. Currently, there is 93,700 square feet of commercial property for sale here , which includes 1 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Industrial	1	93,696
Other	1	4

Kankakee, IL Commercial Real Estate for Lease and Sale

160 West Brookmont Boulevard

2705 S. Schuyler Ave

Bourbonnais Towne Center Retail Spaces Available

Outlots Available | Bourbonnais Towne Center

379 Main Street Northwest

Highly-Visible Retail Outlots Available | Festival Center

End Cap Retail Suite Available | Festival Center

375 Main St. NW

Meijer | In-Store Retail Space

Bourbonnais Towne Center

Northfield Square Mall

1115 5000 North

1991 IL-50

1991 IL-50

Water Tower Plaza

Frequently Asked Questions

Kankakee, IL Currently Available Listings

Commercial Space for Sale Breakdown

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Kankakee, IL Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Kankakee, IL?

What factors affect the price of commercial real estate in Kankakee, IL?

What are the best areas for commercial real estate in Kankakee, IL?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Kankakee, IL?

Kankakee, IL Currently Available Listings

Commercial Space for Sale Breakdown

Other Popular Searches

Popular Coworking Searches

Popular Office Searches

Popular Retail Searches

Popular Industrial Searches

About us