110 E Hickory Street Kankakee, IL $ 375,000
110 E Hickory Street
$ 375,000
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110 E Hickory Street

Kankakee, IL, 60901
$ 375,000
Baths0.0 Sq 14,210

Monthly Estimate*

$ 2,619

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Studio

Commercial Property for sale in Kankakee, IL

for $375,000. This 14,210 square foot building was built in 1940 on a lot size of 0.326217.

Talk about space and possibilities! Bring your business ideas to this unique property! Featuring over 23,000 sq ft of usable space. 10,000 sq ft of shop space with 4 overhead doors, multiple car lifts, paint booth, oil burning furnace, gas burning furnace, and an elevator to bring your classic cars to the second floor storage area. Second floor is mainly used for car storage at the moment. Back on the first floor there are multiple offices and showroom. This building was originally built as a car dealership. Property currently generates about $30,000 per year between car storage and leased office space. With the right owner this property can generate upwards of $150,000 per year if used fully as as car storage or leased out traditionally. If used as indoor car storage the property can house over 100 cars depending on size. New roof in 2023!!! Don't miss your chance to own this once in a lifetime property!

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Commercial Contingent

Price

$ 375,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 3,674

Style

Lot Size

0.326217

Year Built

1940

Town/City

Kankakee

County/Region

Kankakee

MLS | Web ID

11884299

Features
General
Cooling Central Air
Zoning COMMR
Year Built 1940
Electric Service - 201 to 600 Amps
Tenant Pays Varies by Tenant
Stories 2
Township Kankakee
Tax Year 2022
Gross Income 30000
County Kankakee
Net Operating Income 20000
Operating Expense 10000
Property Type Commercial Sale Industrial
Contingency Attorney/Inspection
Status Contingent
Directions From E Court St turn right on S Schuyler Ave turn right on E Hickory St.
City Kankakee
Total Units 3
MLS Area Kankakee
Lot Size Square Feet 14210
Street Name Hickory
Tax Annual Amount 3674.44
Additional Parcels Y/N N
Leasable Area 23520
Days on Market 146
Standard Status Active Under Contract
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Exterior
Building Area Total 14210
Lot Dimensions 98X145
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Interior
Street Suffix Street
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* Excluded Features
List By
Keller Williams Preferred Realty

Broker

dustinkooy@kw.com

Email

Affordability Calculator

$2,926
Per Month
90%
10%
0%
Monthly Principal & Interest
$2,619
Monthly Property Taxes
$306
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/10/2024$375,000 -6.25% Price Down
10/16/2023$399,999 -6.98% Price Down
9/14/2023$429,999 Listed Price

Map


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110 E Hickory Street, Kankakee, IL, 60901 is a Commercial Property for sale at $375,000 with 14,210 sqft and a lot size of 0.326217. 110 E Hickory Street is a studio with 0.0 baths and was built in 1940. The property's zip code is 60901 which is in Kankakee, IL