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$2,850,000 Just Listed
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Property Description
Introducing the Brown Professional Centre, an outstanding opportunity to own a premier medical and office complex in the heart of Bourbonnais. Ideally located on heavily traveled William Latham Drive, this impressive one-story property offers 20,508 square feet of versatile space designed to accommodate a variety of medical, dental, and professional offices. Set on over 2.7 acres, the building is fully handicap accessible and features a beautiful common area, a front canopy, and abundant parking for 100+ vehicles. Inside, there are 9 professional suites, all within a well-maintained facility supported by a standard wet system and a NEW roof installed in 2024. This property boasts a strong rental history with long-term tenants and high occupancy rates, making it a stable and attractive investment opportunity. Zoned B-1 Central Commercial District, the Brown Professional Centre offers flexibility, visibility, and convenience in one of Bourbonnais' most active commercial corridors. A rare opportunity to invest in a high-performing, income-producing property in an excellent location.
Full Property Details
Full Property Details for 475 Brown Blvd
General
- Price: $2,850,000
- Taxes: $32,165 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12501573
- Updated: Today (1/19/2026)
- Added to Site: Today
Interior
- Interior Features: Atrium, Accessible Entrance, Accessible Washroom/s, Multi-Tenant, Public Restroom(s)
Additional Information
- Security/Safety: Alarm Monitored, Fire Extinguisher(s), Hydrants on Site, Sprinklers (Wet)
Location
- Area: Bourbonnais
- County: Kankakee
- Township: Bourbonnais
- Driving Directions: Route 52 - William Latham Drive (West) - Brown Blvd. Building is SW Corner of Brown and William Latham.
- Location Details: South Suburban, Mixed-Use Area
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Central Building Heat, Electric, Forced Air
Structural Information
- Roof: Rubber
- Stories/Levels: 1
- Square Feet: 20,508
- Current Bldg. Use: Commercial, Medical/Dental
- Year Built: 1991
Lot Features
- Lot Size (Acres): 2.63
- Lot Size (Sq. Ft.): 114,619
- Lot Dimensions: 114619
- Frontage: Public Road
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Operating Expenses: $56,300
- Security Deposit: Alarm Monitored, Fire Extinguisher/s, Hydrants On Site, Sprinklers-Wet
- Assessment Year: 1991
- Tax Amount: $32,165
- Tax Year: 2024
- Tenant Pays: Electricity, Insurance, Varies by Tenant
Disclosures and Reports
- Property ID: 17091910019000
Listed by Lincoln-Way Realty, Inc
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Schools
Schools serving 475 Brown Blvd
School Districts:Bourbonnais School District 53, Bradley-Bourbonnais Consolidated High School District 307
| Name | Grades | Distance |
|---|---|---|
Alan B Shepard Elementary School 325 North Convent Street, Bourbonnais, IL 60914 | K-4 | 0.3 mi |
Bourbonnais Upper Grade Center 200 West John Casey Road, Bourbonnais, IL 60914 | 7-8 | 0.4 mi |
Bradley-Bourbonnais C High School 700 West North Street, Bradley, IL 60915 | 9-12 | 1.1 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 475 Brown Blvd
Date
Details
Price
Change
Source
1/19/2026
Listed
$2,850,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 475 Brown Blvd
Year
Property Taxes
Change
Tax Assessment
Change
2024
$28,001
1%
$336,915
—
2023
$27,823
-4%
$336,915
—
2022
$28,999
-1%
$336,915
—
2021
$29,184
-2%
$336,915
—
2020
$29,765
-1%
$336,915
—
2019
$30,088
—
$336,915
—
2018
$30,182
-30%
$336,915
-30%
2017
$43,362
—
$480,707
—
2016
$43,276
8%
$480,707
10%
2015
$39,918
—
$437,843
—
Disclaimer: Historical tax 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 475 Brown Blvd
475 Brown Boulevard, Bourbonnais, IL 60914 (MLS# 12501573) is a Commercial property. 475 Brown Boulevard is currently listed for $2,850,000 and was received on January 19, 2026. Want to learn more about 475 Brown Boulevard? Do you have questions about finding other Commercial real estate for sale in Bourbonnais? You can browse all Bourbonnais real estate or contact a Coldwell Banker agent to request more information.

