590 S Washington Ave - Service Station FOR SALE


Kankakee, IL 60901
$125,000 USD
630-388-8522
590 S Washington Ave, Kankakee, IL for Sale
$125,000 USD
Service Station - FOR SALE
1/3
null | Request Cap Rate

590 S Washington Ave
Kankakee, IL 60901


HIGHLIGHTS

  • Great redevelopment opportunity for a former gas station / convenience store located in Downtown Kankakee.
  • Ideal corner location with great visibility and access and across from Kankakee River.
  • Existing 1,100 SF building with +/-13,000 sq ft lot is ideal for auto service, sit down restaurant or redevelopment.
  • Larger corner lot has dual alley access.
  • Traffic counts of 15,700 vehicles per day.

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$125,000 USD

PRICE/SF

$114 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Cirkle K

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

ADD'L SUBTYPES

Auto Repair, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.3 AC

LAND SF

13,163 SF

ZONING

C2

APN/PARCEL ID

16-17-05-118-006

ASK ABOUT THIS PROPERTY

Dan FlanaganFlanagan RealtyMore Info
630-388-8522

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Dan FlanaganFlanagan RealtyMore Info
630-388-8522

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.