Kankakee County Industrial

Kankakee County

Office Space Market Report

Number of Listings (last 90 days)
3
Median Size (sqft)
1,500
As of: December 10, 2016

Kankakee County Office & Commercial Space

Located within the Kankakee-Bradley Metropolitan Statistical Area in the state of Illinois, Kankakee County is home to a number of small cities, villages, unincorporated communities and unique neighborhood zones. With a relatively small population compared to neighboring counties, particularly those situated in close proximity to Chicago, the residents of Kankakee County enjoy a tranquil, affordable lifestyle far removed from the buzz of urban living. Business owners seeking office space for rent in Kankakee County will be able to take advantage of relatively inexpensive rental and lease rates while they grow their business here. Commercial space for rent varies significantly in terms of size and functionality.

Kankakee County Economic Overview

As is common in many of the cities and communities within the northern region of Illinois, the manufacturing industry plays a significant role in the local economy. Many of the working individuals residing in Kankakee County are employed in a variety of management and supervisory roles within agricultural and manufacturing businesses. Although the Illinois manufacturing industry sustained significant losses in the closing years of the 20th century, many of these communities have since regained momentum by courting new businesses and redefining the economic identity of the area. Median household incomes are slightly lower than state averages, on par with the middle / lower-middle class economic strata of the area.

Kankakee County At A Glance

Kankakee County was first established by the Illinois Legislature in 1853, merging portions of nearby Will County and Iroquois County. Due to its distance from Chicago, the largest urban center in the state, Kankakee County has not experienced significant growth throughout its history. Although this region is known for its economic contributions to the state at large, it remains a somewhat tranquil respite. Today, Kankakee County hosts two cities, Kankakee and Momence, each of which features a residential population of less than 30,000.

Where To Lease In Kankakee County

Those attempting to establish a sustainable business presence in Kankakee County are encouraged to pursue available leases in either Kankakee or Momence, as these two cities are likely to offer the best possible opportunities for establishing rewarding professional relationships. As rental rates in Kankakee County are markedly reduced compared to other areas of the state, business owners should place special emphasis on securing the best possible location for their business to grow and develop.

Learn More About Kankakee County

Market Report

Trends and status of the commercial real estate market in Kankakee County.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Kankakee County.
Research

Kankakee County Submarkets