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

Auction Dates: Aug 5-7, 2024

Starting Bid: $450,000

• Situated in the highly accessible and desirable Gurnee, IL, this office building benefits from excellent visibility and proximity to major highways, shopping centers, and amenities
• The building offers a spacious layout, providing ample room for various office configurations and business operations
• Equipped with 1200 amps of power and 480-volt electric service throughout the building, ensuring robust electrical capacity to support modern office equipment and technology needs
• The bathrooms are generously sized to serve the entire building, featuring showers and high-quality ceramic tile finishes for added convenience and comfort.The building features suspended ceilings, providing a professional and adaptable environment for office use
• Ample on-site parking is available, making it convenient for employees and visitors
• Large windows throughout the building allow abundant natural light, creating a bright and inviting workspace
• The single-story layout ensures easy accessibility for all employees and visitors

Auction Dates: August 5-7, 2024

Starting Bid: $450,000

• Situated in the highly accessible and desirable Gurnee, IL, this office building benefits from excellent visibility and proximity to major highways, shopping centers, and amenities
• The building offers a spacious layout, providing ample room for various office configurations and business operations
• Ample on-site parking is available, making it convenient for employees and visitors
• Large windows throughout the building allow abundant natural light, creating a bright and inviting workspace