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700 N River Dr 1,708 SF Office Building Kankakee, IL 60901 $274,900 ($160.95/SF)
EXECUTIVE SUMMARY
Completely remodeled modern office space with great frontage on one of the busiest corridors in Kankakee County. Open bull pen area with vaulted ceiling and tons of natural light. The well designed space also offers 5 private offices with secure storage room, kitchenette and reception area. Network and date cables distributed throughout. This well maintained property also boasts 4 off street parking spaces with on street parking also available. The seasonal views can offer glimpses of the Kankakee River and is also located on the new bike path. This property is in move in condition and perfect for your next office.
TAXES & OPERATING EXPENSES (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
$4,272
|
$2.50
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$4,272
|
$2.50
|
TAXES & OPERATING EXPENSES (ACTUAL - 2024)
| Taxes | |
|---|---|
| Annual | $4,272 |
| Annual Per SF | $2.50 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $4,272 |
| Annual Per SF | $2.50 |
PROPERTY FACTS
Sale Type
Owner User
Property Type
Office
Building Size
1,708 SF
Building Class
B
Year Built/Renovated
1954/2023
Price
$274,900
Price Per SF
$160.95
Tenancy
Single
Building Height
1 Story
Typical Floor Size
1,708 SF
Building FAR
0.23
Lot Size
0.17 AC
Opportunity Zone
Yes
Zoning
C-1
Parking
3 Spaces (1.76 Spaces per 1,000 SF Leased)
1 1
PROPERTY TAXES
| Parcel Number | 16-09-31-212-022 | Total Assessment | $36,134 |
| Land Assessment | $3,441 | Annual Taxes | $4,272 ($2.50/SF) |
| Improvements Assessment | $32,693 | Tax Year | 2024 Payable 2025 |
PROPERTY TAXES
Parcel Number
16-09-31-212-022
Land Assessment
$3,441
Improvements Assessment
$32,693
Total Assessment
$36,134
Annual Taxes
$4,272 ($2.50/SF)
Tax Year
2024 Payable 2025
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700 N River Dr
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