For Sale 2 Unit Office Building

1360 - 1362 W. Station St. Kankakee, IL 60901

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FOR SALE
Property Type:
Multi Tenant Office
Amount:
$109,000
Last Verified:
Jul 14, 2017


Description

For sale income producing property for sale. Two unit office building on main thoroughfare in West Kankakee. This property has been newly remodeled and is in great condition. Separately metered for each tenant. Over 4000 VPD at your doorstep.

Currently 750 square feet for lease.

Court St. (Rte. 17) to Curtis, South on Curtis to Station, West on Station To Property on South side of St.

Building Size: 2578.0sq ft
Building Class: B
Lot Size: 0.15 acres

Map of 1360 - 1362 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.