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2405 E Court St
Kankakee, IL 60901
2 Acre Development Site w/ Income Properties · Land For Sale
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2.00 AC
Investment Highlights
- High Exposure & Traffic Count
- 5 Multi-Family Rentals on Site
- Income Producing Redevelopment Site
Property Facts
| Property Type | Land | Proposed Use | Retail |
| Property Subtype | Commercial | Total Lot Size | 2.00 AC |
| Zoning | C-2 (Service Commercial) - Service Commercial | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Retail |
| Total Lot Size | 2.00 AC |
| Zoning | C-2 (Service Commercial) - Service Commercial |
Description
2.0 acre site located on the frontage of road of East Court Street that has several 5 rental improvements on the site. Located 1/4 mile from exit #312 of Interstate 57, the site has the opportunity for redevelopment next to several new developments. Such developments include Ricky Rockets Travel Center, Wendy's, Aroma Hill, LeBeau Bros. Dealership and more. Interchange #312 is scheduled for a $100+ million renovation in 2027 by the State of Illinois. Ideal location for fast food, hotel/motel, retail and more. The property is producing income from the rental properties and allows a user/investor to collect income till redevelopment begins.
Property Taxes
| Parcel Number | 16-09-34-300-086 | Improvements Assessment | $14,547 |
| Land Assessment | $63,575 | Total Assessment | $78,122 |
Property Taxes
Parcel Number
16-09-34-300-086
Land Assessment
$63,575
Improvements Assessment
$14,547
Total Assessment
$78,122
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