Share This Listing

Message

962 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

1240 Stanford Dr 7,200 SF Industrial Building Kankakee, IL 60901 $499,000 ($69.31/SF)

Save this listing!

Favorite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Total building size: 7,200 SF
  • 14’ x 12’ drive-in door
  • New roof with 20-year warranty
  • Approx. 4,000 SF warehouse space and 3,000 SF total office space (1,500 SF per level)
  • HVAC systems in excellent condition
  • Dual electrical service: 200 amp, 240V, 3-phase 400 amp, 480V, 3-phase

EXECUTIVE SUMMARY

Excellent industrial opportunity in Kankakee! This 7,200 SF building features a new roof with a 20-year warranty, a 4,000 SF warehouse with a 14'x12' drive-in door, and 1,500 SF of office space on both levels. Dual electrical services include 200 amp, 240V 3-phase and 400 amp, 480V 3-phase power. HVAC systems are in great condition. Ideal for light manufacturing, storage, or service business use. Zoned Industrial and conveniently located near I-57 and major thoroughfares.

PROPERTY FACTS

Price $499,000
Price Per SF $69.31
Sale Type Investment or Owner User
Property Type Industrial
Rentable Building Area 7,200 SF
No. Stories 2
Year Built 2003
Tenancy Single

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
17-09-28-402-008
Land Assessment
$10,488
Improvements Assessment
$77,885
Total Assessment
$88,373
  • Listing ID: 38056287

  • Date on Market: 10/13/2025

  • Last Updated:

  • Address: 1240 Stanford Dr, Kankakee, IL 60901

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}