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Originally constructed in 1992, the metal frame building received an addition in 2000 and now totals 10,000 SF with 400 SF of office space. Five 16' overhead drive-in doors are located on both the front and back. The subject property sits on 1.2 acres. - Area description: The City of Kankakee is located approximately 60 miles South of Chicago. Situated right along I-57, Kankakee is home to the Kankakee Valley Regional Airport. At approximately 133 miles long, the beautiful Kankakee River which winds through town offers both an outlet for relaxation as well as recreation. US Highways 45 & 52 run concurrently forming, along with IL Route 50, the major north-south thoroughfares through Kankakee. Illinois Route 17 is the major east-west road that bisects the city. River Valley Metro operates the regions transit bus system. Kankakee Community College serves as an educational and vocational center for area residents. - Number of buildings: 1 - Building condition: Excellent - Tenancy: Single Tenant
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The typical asking rate per listing is in the $10's per square foot per year. The Kankakee submarket is seeing a an increase in rates. In the last 3 months, the median rate went up $18 per sqft per year. That's a Inf% rise in rent.
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