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1/23
$950,000 Just Listed
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Property Description
This prime 5-acre commercial parcel at 1880 N State Route 50 in Bourbonnais, IL, presents an outstanding investment opportunity in one of Kankakee County's most dynamic growth corridors. Situated along high-traffic Illinois Route 50, the property enjoys excellent visibility and easy access, directly neighboring major national retailers such as Target, Best Buy, Blain's Farm & Fleet, Kohl's, and Dick's Sporting Goods. The site currently features a versatile mix of income-producing assets, including 54 self-storage units, outdoor parking, multiple single-suite office spaces on the ground level suitable for professional services or small businesses, and two spacious 2-bedroom apartments on the second floor that provide additional rental income or potential on-site management living quarters. What truly elevates this property is its exceptional redevelopment potential. Positioned amid ongoing regional expansion-including recent infrastructure improvements like the Armour Road and Route 50 intersection upgrades and the major Bourbonnais Parkway/I-57 interchange enhancements-the area continues to attract significant commercial and logistical interest. The parcel sits adjacent to the newly opened Bradley 315 Sports Park, a 127-acre state-of-the-art facility with 16 turfed baseball and softball fields, soccer venues, and family amenities that already draws thousands of visitors for tournaments and events. Nearby, the highly anticipated Mattel Wonder Indoor Waterpark (now officially partnered with Mattel and targeting a late 2027 or early 2028 opening) promises to become one of Illinois' largest indoor water attractions, featuring extensive slides, lazy rivers, and themed play areas to boost year-round tourism. With neighboring properties actively being acquired for larger developments and a strong regional labor market, this location offers endless possibilities for retail expansion, mixed-use redevelopment, hospitality ventures, entertainment-focused uses, or intensified commercial builds. Whether you choose to maintain the current steady cash flow from storage, offices, and apartments or pursue a transformative redevelopment, this high-potential asset in a thriving market is ready for its next chapter. Serious inquiries are encouraged to explore the full scope of opportunities!
Full Property Details
Full Property Details for 1880 N State Route 50
General
- Price: $950,000
- Taxes: $13,220 (2024)
- Status: Active
- Type: Business
- Source: MRED
- MLS ID: 12555258
- Updated: 1/28/2026
- Added to Site: 4 day(s) ago
Business
- Business Type: Other
- Years in Business: 4 to 6 Yea
Location
- Area: Bourbonnais
- County: Kankakee
- Driving Directions: Turn left onto IL-50 N/N Kinzie Ave from I-57 S Exit 315. Continue onto IL 50. Destination will be on Rt.
Heating & Cooling
- Cooling Type: Central Air Conditioning, Window Unit(s)
- Heating Type: Forced Air, Gas
Utilities
- Onsite: Electricity to Site, Natural Gas Available
Structural Information
- Construction: Brick, Wood
- Exterior Const.: Brick, Wood
- Roof: Composition
- Stories/Levels: 2
- Square Feet: 14,257
Lot Features
- Lot Size (Sq. Ft.): 217,800
- Lot Size Range: 5.0 to 5.99 Acres
- Lot Dimensions: 170.9 x 1275.3
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Operating Expenses: $9,707
- Tax Amount: $13,220.5
- Tax Year: 2024
Disclosures and Reports
- Property ID: 17090930200200
Listed by Village Realty Inc
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Schools
Schools serving 1880 N State Route 50
School Districts:Bradley-Bourbonnais Consolidated High School District 307, Bourbonnais School District 53
| Name | Grades | Distance |
|---|---|---|
Shabbona Elementary School, Bourbonnais, IL 321 North Convent Street, Bourbonnais, IL 60914 | 1-4 | 2 mi |
Bourbonnais Upper Grade Center 200 West John Casey Road, Bourbonnais, IL 60914 | 7-8 | 1.8 mi |
Bradley-Bourbonnais C High School 700 West North Street, Bradley, IL 60915 | 9-12 | 2.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1880 N State Route 50
Date
Details
Price
Change
Source
1/26/2026
Listed
$950,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1880 N State Route 50
1880 N State Route 50, Bourbonnais, IL 60914 (MLS# 12555258) is a Business property. 1880 N State Route 50 is currently listed for $950,000 and was received on January 26, 2026. Want to learn more about 1880 N State Route 50? Do you have questions about finding other Business real estate for sale in Bourbonnais? You can browse all Bourbonnais real estate or contact a Coldwell Banker agent to request more information.

