Kankakee, IL Commercial Real Estate for Lease and Sale

Explore 10 listing(s) of commercial real estate in Kankakee, IL to find the best space for your business.

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1551 E Willow St

1551 E Willow St, Marycrest, Kankakee, IL
Space Type

Industrial, Office
For Lease Contact for pricing

4 spaces available / 19,571 - 131,507 SF
View Details
1 Dearborn Square

1 Dearborn Square, North Riverview, Kankakee, IL
Space Type

Office
For Lease

$15.00/SF/YR
1 space available / 6,000 SF
View Details
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1 Dearborn Sq

1 Dearborn Sq, North Riverview, Kankakee, IL
Space Type

Office
For Lease

$4,500.00/MO
1 space available / 6,500 SF
View Details
1119 S Curtis Ave Unit A-1

1119 S Curtis Ave Unit A-1, Gracefield, Kankakee, IL
Property Type

Multi-Family
For Sale

$45,000
Built in 1965 / Property size 900 SF
View Details
Retail/Stores

164 N Schuyler Ave, Kankakee City Hall, Kankakee, IL
Property Type

Retail
For Sale

$380,000
View Details
2705 S Schuyler Avenue

2705 S SCHUYLER AVE, Kankakee Airport, Kankakee, IL
Property Type

VacantLand
For Sale

$250,000
Property size 4.05 Acre
View Details
446 S. Washington Avenue

446 S. Washington Avenue, Alpiner Park, Kankakee, IL
Space Type

Retail
For Lease Contact for pricing

1 space available / 13,400 SF
View Details
187 S Schuyler Ave

187 S Schuyler Ave, North Riverview, Kankakee, IL
Space Type

Office
For Lease

$15.00/SF/YR
1 space available / 2,150 SF
View Details
217 E Court St

217 E Court St, Kankakee City Hall, Kankakee, IL
Property Type

Retail
For Sale

$75,000
Built in 1900 / Property size 7,200 SF
View Details
475 Riverstone Pkwy Lot 7

475 Riverstone Pkwy Lot 7, Kankakee Airport, Kankakee, IL
Property Type

VacantLand
For Sale

$300,000
View Details

Frequently Asked Questions

Here is a rundown of the primary commercial real estate property types currently available in Kankakee:
- Office Space: The market includes 18,150 square feet of office spaces in addition to 4 coworking locations.
- Retail Space: Between malls, restaurants and stores, Kankakee is home to 7,200 square feet of available retail space.
- Industrial Space: Warehouses, distribution centers, manufacturing facilities and other industrial types total 1,268,250 square feet of available space in Kankakee.
Here is a breakdown of the average size of different property classes (also known as asset class or property type):
- Class A/A+ properties have an average size of 6,050 square feet.
- Class C properties span an average of 4,050 square feet.
The best area for commercial real estate in Kankakee will depend greatly on your needs. The neighborhood with the largest overall number of commercial listings is Marycrest, home to no fewer than 4 listings for space of all types. If you're looking for office space, North Riverview has the highest concentration of office listings at 3.
CommercialCafe’s CRE offering in Kankakee is enabled by a network of 7 active brokers from 6 different firms, ensuring a wide variety of listings. Working with an experienced professional can make a real difference. Learn more about the benefits of working with a broker.

To get in touch with a broker, use the "Contact Property" button on this search page or fill in the contact form provided on each individual property’s listing page.
The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself, local market conditions, the state of the local economy and the demand for that particular type of commercial property, to name a few.

Kankakee, IL Commercial Space Listings

Commercial Space for Lease - Breakdown

The 6 listings for commercial real estate currently available for rent in Kankakee add up to 944,503 square feet across various property types. Here's a breakdown of the available space by category:

Property Type	Count of Listings	Total Sq. Ft.
Office	4	14,650
Industrial	2	929,853

Office properties:

The market has 4 active office listings, encompassing 14,650 square feet.
Kankakee office spaces currently listed on CommercialCafe represent 66% of the total commercial real estate market in Kankakee, compared to an average of 60% across all markets tracked by CommercialCafe.

Industrial Space:

The industrial market in Kankakee offers 2 listings, amounting to 929,853 available square feet.
Industrial spaces, including warehouses and manufacturing sites, make up about 33% of the total commercial space available in the market, compared to a nationwide average of 39%.

The data presented in this section was last updated as of October 07, 2026

Commercial Space for Sale - Breakdown

There are currently 5 properties listed for sale in the Kankakee market, adding up to 8,104 square feet of space available for purchase. Here is a breakdown of the commercial space for sale listed locally:

2 retail properties

The data presented in this section was last updated as of October 07, 2026

Property Type	Count of Listings	Total Sq. Ft.
Retail	2	7,200
Other	3	904

Kankakee, IL Commercial Real Estate for Lease and Sale

1551 E Willow St

1 Dearborn Square

1 Dearborn Sq

1119 S Curtis Ave Unit A-1

Retail/Stores

2705 S Schuyler Avenue

446 S. Washington Avenue

187 S Schuyler Ave

217 E Court St

475 Riverstone Pkwy Lot 7

Frequently Asked Questions

Kankakee, IL Commercial Space Listings

Commercial Space for Lease - Breakdown

Commercial Space for Sale - Breakdown

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