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254 E 2500S Road, Kankakee, IL 60901

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For Sale

$975,000

3 beds • 3 baths • 2,600 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • $375.00
    Price per square foot

  • Over 50 Years Old
    Age

  • Fireplace
    Heating System

Explore this Property

Discover the perfect blend of commercial and residential potential with this expansive 10-acre property, strategically located just two minutes from I-57, offering easy access to shopping such as Wal-Mart and Aldi, dining, and The Hilton Garden Inn. This unique listing boasts a mix of C-3 zoning within the city for 6 tillable acres and adjacent 4 acres zoned residential in Kankakee County, presenting a versatile opportunity for various development projects or an entrepreneurial venture. For those with a vision for business, the property includes a substantial 12,000 sf, 60 x 200 metal building with concrete floor and electric, a 55 x 150 Quonset hut, and a vintage corn crib, offering ample space for operations or storage. While the property hints at a lucrative opportunity for a wholesale firewood business, including an 80,000 lbs base for shipping transport loads and long-term accounts with great potential for growth, please note that the business and heavy equipment are not included in the price. Or perhaps wedding/banquet venue.. so many possibilities. Other local businesses to include Shoup Manufacturing, Loves Truck Stop and many more. The main residence is a testament to comfortable living with a newer kitchen, stainless steel appliances, a large island perfect for entertaining, and a dining area that opens to a spacious great room. This room is highlighted by a wood-burning fireplace and cathedral ceilings, creating an inviting atmosphere. The primary suite, located on the main floor, offers privacy and convenience, complete with 3 full baths, one featuring heated floors, ensuring a luxurious living experience. A perfect deck off the kitchen allows for serene morning coffees or summer grilling. Situated near biking and walking paths along the Kankakee River, Kankakee Community College, Splash Valley Aquatic Center, and Ice Valley Centre Ice Arena, this property does not just offer a place to live and work but a lifestyle enriched with convenience and recreational opportunities. This listing represents a rare chance for entrepreneurs, developers, or those dreaming of a blend of commercial and residential life, to create something truly special in a prime location. The second home, could be purchased at an additional cost (not shown in photos) PIN (16-17-17-300-02), includes 2 bedrooms, 1 full bath, an eat-in kitchen, living room, and a large laundry/mud room with a half bath, encapsulating comfort and functionality.
MLS# 11869674

Courtesy Of McColly Real Estate

(815) 929-9381

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Dock
  • Appliances
    Dishwasher, Microwave, Range, Refrigerator, Washer
  • Architecture Style
    Other
  • Exterior Type
    Aluminum Siding
  • Fireplace
    Fireplace
  • Floor Covering
    Carpet
  • Heating System
    Fireplace
  • Lot Size
    10 Acres

Map and Directions

Directions to 254 E 2500S Road, Kankakee, IL 60901

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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