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17 Meadowview Ctr
Kankakee, IL 60901
The Shoppes at Meadowview · Retail Property For Sale

Property Facts

Property Type
Retail
Building Size
133,157 SF
Building Class
C
Year Built/Renovated
1956/2014
Tenancy
Multiple
Building Height
1 Story
Building FAR
1.31
Lot Size
2.33 AC
Zoning
C2 - Service Commercial
Parking
1,400 Spaces (10.51 Spaces per 1,000 SF Leased)

Amenities

  • Dedicated Turn Lane

About 17 MEADOWVIEW CTR , KANKAKEE, IL 60901

The Shoppes at Meadowview (the "Property") is a multi-tenant retail center located at 17 Meadowview Center in Kankakee, Illinois. The Property consists of 215,881 square feet over 31.86 acres and is comprised of three (3) inline multi-tenant buildings, an O'Reilly Auto Parts outlot, a McDonald's outlot (with drive-thru), and a two (2) unit outlot building. In addition, there is a 60,000 SF pad site and two (2) outlot development sites remaining to add value. The Property is currently 50% occupied and leased to tenants Planet Fitness, Family Dollar, Citi Trends, O'Reilly Auto Parts, McDonald's, Rent-A-Center, and Athletico, among others. Planet Fitness, the largest Tenant at the Property with approximately 20,643 square feet, has leased at the center since 2013 and has lease term into 2026. McDonald's has leased at the Property since 1989. Of the 24 in-place leases, 22 are net leases. The Property is well located at Kennedy Drive and Brookmont Boulevard with exposure to approximately 43,000 VPD. The Property benefits from its proximity to the neighboring Bishop McNamara High School, Meadowview Theatre Classic Cinemas, and Riverside Medical. Neighboring retailers include Walgreens, CVS Pharmacy, Jewel-Osco, Big Lots, Dollar Tree, Dollar General, Starbucks, Wendy's, and Popeye's, among many others.

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 17-09-29-323-009
  • 17-09-29-323-008
  • 17-09-29-323-014
Land Assessment
$170,640
Improvements Assessment
$487,332
Total Assessment
$657,972
  • Listing ID: 12648407

  • Date on Market: 5/23/2018

  • Last Updated:

  • Address: 17 Meadowview Ctr, Kankakee, IL 60901

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