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200 N Schuyler Ave
Kankakee, IL 60901
  • Asking Price: Call for Details
  • Status: Available
PROPERTY DETAILS:

Baum Realty Group, LLC has been exclusively retained to market for sale via a RI Marketplace Online Auction this multi-tenant building located at 200 N. Schuyler Avenue, Kankakee, IL (the "Property"). Situated on a ±3.07 acre parcel of land conveniently located in the downtown district of Kankakee, the Property encompasses ±99,022 SF rentable square feet. The building is supported by a large, ±400 car parking lot which is leased by ownership under a long term lease with the City of Kankakee. The Property offers a stable flow of in-place income from a diverse array of tenants with the opportunity to add value through leasing the available 7,652 SF of vacancy. In addition, the 92% leased property is located in close proximity to other governmental buildings, such as the Kankakee County Courthouse, The City of Kankakee Administration Building, the Kankakee Public Library, and the police station. The Property is located within the Kankakee Riverfront TIF district. I-57 is less than two miles away and is a vital link to the transportation network for Kankakee County.

 

ONLINE AUCTION: Start Date June 3, 2024; End State June 5, 2024