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1235 Stanford Drive, Kankakee, IL 60901
$295,000 -$80,000 (-21.33%) Price Reduced
1235 Stanford Drive, Kankakee, IL 60901View this property at 1235 Stanford Drive, Kankakee, IL 60901
1235 Stanford DriveKankakeeIL60901
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Property Description
Spanning 6,240 SF, this versatile property offers boundless potential for a combination of residential, office, heated/cooled/secured storage, workshop areas, and rental opportunities. Situated under one roof, the structure currently features 4 distinct units with the capability to reconfigure into 6 units or even into one expansive warehouse space, tailored to suit expansive visions. It presents a unique opportunity to generate rental income while concurrently utilizing space for personal needs. Enhanced security is provided by fencing at the property's rear, alongside a spacious parking area. Each unit is equipped with its own HVAC system, at least one bathroom (with certain units boasting additional ones, including a shower), multiple plumbing access points, and a rear entry door. The facility is powered by a 600 amp 3 phase service and features several garage doors, including a high double bay door, for convenient access. Its prime location offers easy access to I-57. Don't miss this oppurtunity!
Full Property Details
Full Property Details for 1235 Stanford Dr
General
- Price: $295,000
- Taxes: $5,707 (2023)
- Status: Active
- Type: Commercial Service
- MLS ID: 12054834
- Updated: 6/5/2024
- Added to Site: 26 day(s) ago
Interior
- Interior Features: Accessible Entrance, Overhead Door(s), Private Restroom(s), Public Restroom(s), Storage Inside
- Flooring: Carpet, Concrete, Vinyl
Additional Information
- Security/Safety: Fire Extinguisher(s)
Parking
- Parking Features: 19 to 30 Spaces
Location
- Area: Kankakee
- County: Kankakee
- Driving Directions: From I-50, turn east onto Grinnell Rd. Turn left (north) onto Stanford Dr. last right before 57. Property is on your left with large parking lot.
- Location Details: South Suburban
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Central Heat/Individual Controls
Structural Information
- Construction: Wood Frame
- Exterior Const.: Block
- Roof: Membrane
- Sub-Flooring: Carpet, Concrete, Vinyl
- Stories/Levels: 1
- Square Feet: 6,240
- Current Bldg. Use: Other
- Year Built: 1980
Lot Features
- Lot Size (Sq. Ft.): 23,176
- Lot Dimensions: 100 x 231.76
- Zoning: INDUS
Financial Considerations
- Operating Expenses: $5,708
- Security Deposit: Fire Extinguisher/s
- Assessment Year: 1980
- Tax Amount: $5,707.5
- Tax Year: 2023
- Tenant Pays: Varies by Tenant
Disclosures and Reports
- Property ID: 17092840101500
Listed by Village Realty Inc
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Schools
Schools serving 1235 Stanford Dr
School Districts:Bradley School District 61, Bradley Bourbonnais Community High School District 307
Rating | Name | Grades | Distance |
---|---|---|---|
Bradley East Elementary School
610 Liberty St, Bradley, IL 60915 | PK-2 | 1 mi | |
200 W State St, Bradley, IL 60915 | 3-5 | 2.3 mi | |
260 N Wabash Ave, Bradley, IL 60915 | 6-8 | 1.6 mi | |
700 W North St, Bradley, IL 60915 | 9-12 | 1.9 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1235 Stanford Dr
Date
Details
Price
Change
Source
6/05/2024
Price Reduced
$295,000
-21.33%
MLS
5/13/2024
Listed
$375,000
150%
MLS
7/26/2021
Sold
$150,000
—
Public Record
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 1235 Stanford Dr
Year
Property Taxes
Change
Tax Assessment
Change
2023
$5,977
5%
$49,381
11%
2022
$5,708
38%
$44,381
44%
2021
$4,136
-3%
$30,785
—
2020
$4,258
-2%
$30,785
—
2019
$4,351
-4%
$30,785
—
2018
$4,521
-13%
$30,785
—
2017
$5,218
5%
$30,785
—
2016
$4,978
-27%
$30,785
-31%
2015
$6,816
—
$44,443
—
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 1235 Stanford Dr
1235 Stanford Drive, Kankakee, IL 60901 (MLS# 12054834) is a Commercial Service property. 1235 Stanford Drive is currently listed for $295,000 and was received on May 13, 2024. Want to learn more about 1235 Stanford Drive? Do you have questions about finding other Commercial Service real estate for sale in Kankakee? You can browse all Kankakee real estate or contact a Coldwell Banker agent to request more information.