• Broker Christopher Curtis 8159299095
  • Broker Joseph Nugent 8155099005

1529 E Court St 0.26 Acres of Commercial Land Offered at $49,900 in Kankakee, IL 60901

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INVESTMENT HIGHLIGHTS

  • 160' of State Highway Street Frontage
  • Located Near Traffic Controlled Intersection

EXECUTIVE SUMMARY

Motivated seller that will consider all offers

PROPERTY FACTS

Price $49,900 Property Subtype Commercial
Sale Type Owner User Proposed Use Commercial
No. Lots 1 Total Lot Size 0.26 AC
Property Type Land Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Price $49,900
Sale Type Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 0.26 AC
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

1 LOT AVAILABLE

Lot

Price $49,900 Lot Size 0.26 AC
Price Per AC $191,923.08
Price $49,900
Price Per AC $191,923.08
Lot Size 0.26 AC

Two 80' x 140' vacant lots that combined provide 160' of street frontage.

DESCRIPTION

Two parcels located on a heavily traveled main corridor of Kankakee, Illinois. The parcels make up a 160' x 140' parcel. The parcel is located at 3 way traffic controlled intersection and adjacent to local middle school. Surrounding neighbors include Best One Muffler, McDonalds, Poor Boy Restaurant, Dollar General, Family Dollar, Advanced Auto Parts and the following gas stations (Shell / BP / Marathon). Property is owned by a not-for-profit organization, so real estate taxes are currently exempt.

PROPERTY TAXES

Parcel Number 16-09-33-418-026 Total Assessment $3,296 (2024)
Land Assessment $3,296 (2024) Annual Taxes $0
Improvements Assessment $0 (2024) Tax Year 2017

PROPERTY TAXES

Parcel Number
16-09-33-418-026
Land Assessment
$3,296 (2024)
Improvements Assessment
$0 (2024)
Total Assessment
$3,296 (2024)
Annual Taxes
$0
Tax Year
2017

MAP

  • Listing ID: 14924998

  • Date on Market: 1/20/2019

  • Last Updated: 5/13/2025

  • Address: 1529 E Court St, Kankakee, IL 60901