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590 S Washington Ave
Kankakee, IL 60901
Cirkle K · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Great redevelopment opportunity for a former gas station / convenience store located in Downtown Kankakee.
- Existing 1,100 SF building with +/-13,000 sq ft lot is ideal for auto service, sit down restaurant or redevelopment.
- Traffic counts of 15,700 vehicles per day.
- Ideal corner location with great visibility and access and across from Kankakee River.
- Larger corner lot has dual alley access.
EXECUTIVE SUMMARY
Great redevelopment opportunity in downtown Kankakee. Former gas station/convenience store. Property will be restricted against uses competitive with convenience store. Seller will consider the submission of an offer using Seller’s Letter of Intent form, which will be provided to qualified buyers. Interested parties should submit an LOI on terms where the Buyer agrees to complete a purchase of the property on the Seller’s Real Estate Sales Agreement.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Building Size
1,100 SF
Building Class
C
Year Built
2000
Price
$172,366 CAD
Price Per SF
$156.70 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.30 AC
Opportunity Zone
Yes
Zoning
C2 - Service Commercial
Parking
10 Spaces (9.09 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Corner Lot
PROPERTY TAXES
| Parcel Number | 16-17-05-118-006 | Improvements Assessment | $138,649 CAD |
| Land Assessment | $16,676 CAD | Total Assessment | $155,325 CAD |
PROPERTY TAXES
Parcel Number
16-17-05-118-006
Land Assessment
$16,676 CAD
Improvements Assessment
$138,649 CAD
Total Assessment
$155,325 CAD
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