160 W. Station St. Kankakee, IL 60901

FOR SALE Incentives
Property Type:
Street Retail
Last Verified:
Jun 02, 2017


  • Gross Rental Income: $64,200
  • Total Annual Expenses: $2,600
  • Annual Net Operating Income: $38,000
  • Total Monthly Income: $38,000
  • Total Monthly Income: $5350


INCOME PRODUCING Mixed use property for Sale in West Kankakee! 4 apartments upstairs and three commercial units downstairs. Great potential income and/or owner occupied space with additional income available! Centrally located on Station Street with over 6000 VPD!

E. Court St. (Rt. 17) to E. Station St. Property on south side of street.

Year Built: 1925
Building Size: 16400.0sq ft
Lot Size: 0.22 acres

Map of 160 W. Station St., Kankakee, IL, 60901


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Real Estate Incentives (What is this?)
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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.