Gas station with new pumps available for sale

Located at the corner of Main Street & S. 1st Avenue (8,500 VPD)

New POS system, Hunt’s Brothers pizza equipment, and other upgrades recently installed

Sale includes business and the land - ideal for an owner / user

Nearby Freeways: I-35 to the east and I-90 to the north

Sold free of a supply agreement allowing a new owner to sign a supply agreement or supply their own gas

This is an RI Marketplace auction taking place on 12/4-12/6/2023. Absolute auction with a $1 starting bid.

Baum Realty Group, LLC has been exclusively retained to market for sale via a RI Marketplace Online Auction this multi-tenant building located at 200 N. Schuyler Avenue, Kankakee, IL (the "Property"). Situated on a ±3.07 acre parcel of land conveniently located in the downtown district of Kankakee, the Property encompasses ±99,022 SF rentable square feet. The building is supported by a large, ±400 car parking lot which is leased by ownership under a long term lease with the City of Kankakee. The Property offers a stable flow of in-place income from a diverse array of tenants with the opportunity to add value through leasing the available 7,652 SF of vacancy. In addition, the 92% leased property is located in close proximity to other governmental buildings, such as the Kankakee County Courthouse, The City of Kankakee Administration Building, the Kankakee Public Library, and the police station. The Property is located within the Kankakee Riverfront TIF district. I-57 is less than two miles away and is a vital link to the transportation network for Kankakee County.

ONLINE AUCTION: Start Date June 3, 2024; End State June 5, 2024