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Listing provided courtesy of eXp RealtyMREDas Distributed by MLSGrid- MLS# 12540003MLS Provider

242 W Jeffery StreetKankakee, IL 60901

Commercial
$560,000 Active

242 W Jeffery Street Overview

Time on Site:
177 days
Visits:
0

GREAT INVESTMENT OPPORTUNITY IN KANKAKEE!! THIS UNIQUE MIXED USED PROPERTY IS A GEM! KEY HIGHLIGHTS: (COMMERCIAL & RESIDENTIAL), INCOME GENERATING ASSET, PRIME LOCATION. REACH OUT TO LISTING AGENT FOR MORE INFORMATION

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242 W Jeffery Street Facts & Features

  • Type Commercial

Details

General

Income/Expenses

  • Other Expense: 0
  • Electric Expense: 0
  • Fuel Expense: 0
  • Gross Income: 84000
  • Gross Scheduled Income: 84000
  • Insurance Expense: 0
  • Trash Expense: 0
  • Water Sewer Expense: 0

Building Information

  • Year Built: 1950

Business Information

  • Current Use: Automotive

Location/Region

  • County Or Parish: Kankakee
  • MLS Area Major: Kankakee

Tax Information

  • Tax Annual Amount: $12,846.00
  • Tax Year: 2023

General Information

  • Parcel Number: 16170720500500
  • Property Type: Commercial Sale

Interior

General Information

  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Stories: 2

Exterior

Lot Information

  • Additional Parcels: Yes
  • Lot Size Dimensions: 150X130
  • Lot Size Square Feet: 12980

General Information

  • Number Of Units Total: 7

242 W Jeffery Street Neighborhood

Community

60901 (Kankakee) Demographics

37
Median Age
362
Population Density (per sq. mile)
23%
College Educated
$49,090
Estimated Median Income
7,844
Estimated Total Home Owners
5,518
Estimated Total Renters
59% / 41%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

242 W Jeffery Street Monthly Cost

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$ %
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Eric Nowik
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

242 W Jeffery Street Market Data

Based on the last 30 days in this zip code

$225,943
Average List Price
$132
Average Price per Square Foot
16
Properties Sold
88
Average Days on Market
97
Properties for Sale
Calculations provided by Reliance Network

242 W Jeffery Street History

Date Event Value Agent
1/8/2026Source: MRED Status Change
Active
1/3/2026Source: MRED Added to Database
January 03, 2026