Veterans United Realty
65 Photos

254 E 2500S Road, Kankakee, IL 60901

$1,150,000 Asking Price

3 beds
3 baths
2,600  sqft
Built in 1920

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 property features two well-maintained homes. 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. The second home, with a separate 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. 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.


Listing Status:
Active
Date Added:
March 13, 2024 — 100 days ago
Listing Office:
McColly Bennett Real Estate, Kelly Winterroth (815-929-9381)
Office Phone:
815-929-9381
MLS ID:
11869674

Features & Amenities

Interior

General:
Vaulted/Cathedral Ceilings, Wood Laminate Floors, Heated Floors, First Floor Bedroom, First Floor Laundry, First Floor Full Bath, Walk-In Closet(s), Open Floorplan, Some Wood Floors, Drapes/Blinds, Separate Dining Room, Some Wall-To-Wall Cp
Rooms:
Other Room
Master Bath:
Whirlpool
Appliances:
Range, Microwave, Dishwasher, Refrigerator
Laundry:
Common Area
Basement:
Partial
A/C:
Central Air
Heating:
Natural Gas
Fireplace:
Wood Burning, Fireplaces: 1
Disability Feature:
None

Exterior

General:
Aluminum Siding,Frame
Style:
Farmhouse
Parking:
Unassigned, Parking spaces: 52

Construction

General:
2 Stories

Location

HOA Amenities:
Not Applicable
Originating MLS:
mred
School District:
111
County:
Kankakee

Lot

Zoning:
SINGL, 16171730404400

Utilities

Utilities:
200+ Amp Service
Water:
Private Well
Sewer:
Septic-Private

Financial

Source:
mred
Ownership:
Fee Simple
Buyers Agent Compensation:
2%

This listing courtesy of:
McColly Bennett Real Estate, Kelly Winterroth

About Kankakee, IL

Housing

Number of Units
14,881
Median Home Value
$126,242
Median Rent
$711

41.24% of housing units are renter occupied.

11.22% are vacant.

Commute

Car
80.80%
Public Transportation
3.68%
Walk to Work
1.43%
Work from Home
11.04%
Other
2.86%

The median travel time to work is 20 minutes.

People

Population
35,653
Median Age
38.60
Median Household Size
2.62

Education

High School
35.95%
Associate’s Degree
8.45%
Bachelor’s Degree
9.11%
Graduate Degree
6.51%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

Veterans United Homefront

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