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17 Meadowview Ctr
Kankakee, IL 60901
The Shoppes at Meadowview · Retail Property For Sale
Investment Highlights
- 72.6%-occupied neighborhood center co-anchored by Planet Fitness, CitiTrends, and Family Dollar located within the Chicago metropolitan region.
- Complementary tenancy with staggered lease expirations, escalations, and options providing for a balance of stable cash flow and future upside.
- One of the largest retail developments in the area with minimal shop-space competition in the immediate submarket and located in an Opportunity Zone.
- Excellent visibility at the signalized intersection of Kennedy Drive and North 5th Avenue with dual-sided monument signage along Kennedy Drive.
- Located two miles west of I-57 and one mile west of the Kankakee Amtrak Station with superior access on all four surrounding streets.
- Strategic positioning near area demand drivers and located within two-miles of Riverside Medical Center and Olivet Nazarene University.
Property Facts
Property Type
Retail
Building Size
133,157 SF
Building Class
C
Year Built/Renovated
1956/1991
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
Property Taxes
| Parcel Numbers | Improvements Assessment | $487,332 | |
| Land Assessment | $170,640 | Total Assessment | $657,972 |
Property Taxes
Parcel Numbers
Land Assessment
$170,640
Improvements Assessment
$487,332
Total Assessment
$657,972
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