Kankakee

Phoenix Investors acquires 670,000-square-foot industrial property in Kankakee

An affiliate of Phoenix Investors acquired an approximately 670,000-square-foot, heavy-power industrial property in Kankakee, Illinois. The rail-served facility is strategically positioned near Interstate 57, offering…

Walker & Dunlop closes $66 million in HUD loans for seniors facilities in Wisconsin, Illinois

Walker & Dunlop closed $66 million in HUD loans for seven senior facilities between October 2023 and February 2024. The skilled nursing and memory care…

Marcus & Millichap arranges sale of 2023 constructed Dunkin’ with a double drive-thru in Kankakee

Marcus & Millichap announced the sale of a 1,901-square-foot net-leased property located at 454 Riverstone Pkwy in Kankakee, Illinois. The asset went contract to close in 49…

Horvath & Tremblay sells 37 units in Kankakee for $2,600,000

Anthony Spangler and Thomas Shanley of Horvath & Tremblay have successfully completed the sale of 37 multi-family units in Kankakee, Illinois. Horvath & Tremblay represented…

New pot laws mean that industrial opportunities are bubbling up

As the calendar flips over from one decade to another, Illinois finds itself in a new era with the 2020 legalization of recreational cannabis. The…

Multifamily investors finding value in markets like Kankakee

The Kankakee-Bourbonnais-Bradley metropolitan area is a microcosm, 30 square miles or so of built-up urban area surrounded on all sides by farmland. It's semi-independent of…

Marcus & Millichap arranges sale of 36-unit Kankakee apartment building

Marcus & Millichap announced the sale of Rivers Edge Apartments, a 36-unit apartment property located in Kankakee, Illinois, according to Steven D. Weinstock, regional manager…

Kankakee crane warehouse to be auctioned

Chartwell Group LLC will offer a 200,625-square-foot crane warehouse building with 5,875 square feet of its space dedicated to offices, on a 16.6 acre parcel…

Kankakee

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