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$249,900 -$50,100 (-16.7%) Price Reduced
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Property Description
Fantastic opportunity to own a commercial site on the frontage road off of the high traffic of IL Rt 17. This is yards from north or south entrance to Illinois Route 57. The property includes one large home with 3 units, 2 single-family houses, a 2 car garage and a trailer. If all 7 units are rented it could bring in about $66,600 per year. The north house is gutted and if fixed could bring $1200, the middle house could be rented for $1200. The trailer is rented for $900 per month. The south home is right along the frontage rd off Rt 17 and includes 3 apartments could rent for $700 per unit x 3 units=$2100, and the 2 car garage could bring $150 per month. Total rent could be $2000. The property measures 164.3' x 463.2'. Address for the house with a two car attached garage is 165 S Krause and house with no garage is 185 S Krause. Call today for more information.
Full Property Details
Full Property Details for 2405 E Court St
General
- Price: $249,900
- Taxes: $8,890 (2025)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12684690
- Updated: 9/8/2026
- Added to Site: 78 day(s) ago
Additional Information
- Security/Safety: Smoke or Fire Protectors
Location
- Area: Kankakee
- County: Kankakee
- Township: Kankakee
- Driving Directions: Rt 17 just east of Rt 17 and east of Rickey Rockets. Turn south on the frontage road. And go east to the property.
- Location Details: Out of Area, Mixed-Use Area, In City Limits, High Traffic Area
Heating & Cooling
- Cooling Type: Central Air Conditioning, Window Unit(s)
- Heating Type: Forced Air, Gas
Utilities
- Water: Municipal Water
- Onsite: Electricity to Site, Natural Gas Available, Water Available
Structural Information
- Stories/Levels: 2
- Year Built: 1910
- Built Before 1978: Yes
Lot Features
- Lot Size (Acres): 1.75
- Lot Size (Sq. Ft.): 76,103
- Lot Dimensions: 164.3 x 463.2
- Frontage: Frontage Road
- Drainage: Storm Sewers
- Potential Use: Commercial
- Zoning: COMMR
Financial Considerations
- Insurance Fee: $2,318
- Other Fee: $7,482
- Security Deposit: Smoke or Fire Protectors
- Assessment Year: 1910
- Tax Amount: $8,890.66
- Tax Year: 2025
- Pays Electric: 1518
Disclosures and Reports
- Property ID: 16093430008600
Listed by Berkshire Hathaway HomeServices Speckman Realty
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Schools
Schools serving 2405 E Court St
School District:Kankakee School District 111
| Name | Grades | Distance |
|---|---|---|
Mark Twain Primary School 2250 East Court Street, Kankakee, IL 60901 | PK-3 | 0.3 mi |
King Middle Grade School 1440 East Court Street, Kankakee, IL 60901 | 3-6 | 0.9 mi |
Kankakee Junior High School 2250 East Crestwood Street, Kankakee, IL 60901 | 7-8 | 0.3 mi |
Kankakee High School 1200 West Jeffery Street, Kankakee, IL 60901 | 9-12 | 3.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2405 E Court St
Date
Details
Price
Change
Source
9/08/2026
Price Reduced
$249,900
-16.7%
MLS
6/24/2026
Listed
$300,000
76.47%
MLS
11/19/2012
Sold
$170,000
—
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 2405 E Court St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,891
6%
$78,122
13%
2024
$8,349
2%
$68,830
12%
2023
$8,150
9%
$61,318
14%
2022
$7,459
6%
$53,670
11%
2021
$7,034
8%
$48,570
11%
2020
$6,521
6%
$43,658
8%
2019
$6,179
4%
$40,612
8%
2018
$5,946
-10%
$37,604
2%
2017
$6,643
7%
$36,777
2%
2016
$6,226
-7%
$36,056
-12%
2015
$6,684
—
$40,902
—
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 2405 E Court St
2405 E Court Street, Kankakee, IL 60901 (MLS# 12684690) is a Commercial property. 2405 E Court Street is currently listed for $249,900 and was received on June 24, 2026. Want to learn more about 2405 E Court Street? Do you have questions about finding other Commercial real estate for sale in Kankakee? You can browse all Kankakee real estate or contact a Coldwell Banker agent to request more information.

