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A Calculated Vision

 

Convent
Rt 45 & Bethel Drive
Bourbonnais, IL

SOLD TO FAST FOOD FRANCHISE

 
Property Type: Commercial Lots
County: Kankakee

Sale Price: $1,900,000
 
Zoning: Commercial
Electric Supplier – Com Ed
Water & Sewer Supplier – Aqua Illinois
 
Property Description
 
Future street light corner. 2.75 acres. Under Contract with National Fast Food Chain
Route 49/52
Lot : 9 acres wooded

SOLD TO GROCERY STORE CHAIN

Zoning:  Commercial
 
Location : South of Kankakee
                 Just north of I-57 exit 308
 
Price: $1,500,000

Under Contract with National Grocery Chain

 Wendy's
Wendy’s
1740 W. Court St.
Kankakee, IL 60901
 
$1.3 million New construction project
by MJP Development Construction, Corp.
 
Opened Spring 2005
Kroger

10Acres,Armour Rd, Bourbonnais, IL

MJP provided land acquisition and entitlement for new Kroger store.












 

National City Bank

1 Dearborn Square, Kankakee, IL

64,000 sq ft Multi-tenant office building
Filled to 100% occupancy

Downtown Kankakee Area
SOLD

 
Kankakee County Health Department
2390 W. Station Street
Kankakee, IL 60901
 
$4 million dollar  34,000 sq ft. renovation project.
 
Former Eagle grocery store.

Complete build to suit renovation project for the Kankakee County Government.
River Plaza
505-545 S. Schuyler
Kankakee, IL 60901
 
10-Year Anchor Tenant Lease
State of Illinois
Dept. of Children and Family Services
 
Building Size:
      22,200 sq ft total
      Grade Level – 17,980 sq ft
      2nd Floor Office – 2,175 sq ft
      Garage / Storage Area – 2,045 sq ft
 
Site Size: 1.37 acres (187 x 320)
Construction: Masonry – Wood frame
Roof: Rubber Membrane w/ Rock Ballast
Parking: 60+ Asphalt parking
Zoning: C-2 (Service commercial)
 
Renovated in 1996 w/ new mechanical fixtures & exterior.  Security system with exterior cameras.
Tenants include State of Illinois (DCFS), The Laundry Basket, and MJP Development, Inc.
Vacant 2,000 sq ft available for additional rent.
 
Financial Pro-Forma
      Gross Income         $253,000
      Expenses                   40,493
      NOI:                      $212,507
      Offering Cap Rate        8.02%
 
Sale Price:  $2,650,000.00
Latham Drive
389 William Latham Drive
Bourbonnais, IL 60914
 
Property Type:  Office Building
Size:  6300 sq ft.
Site: .86 acres 190 x 197
Parking: 21 spaces off street
Construction:  The building framing is steel. Main frame wood side walls.
Exterior: Exterior walls feature brick veneer steel framed reflective glass panels.
Roof: The roof is a “flat” design with a steel decking, insulation with a rubber membrane.
Flooring: Paved concrete, carpet, ceramic inlaid tile.
Ceiling: Acoustic drop
Electric: 400 amp service
HVAC: 4 Central FWA units (zoned) 4 Package AC units
ADA (Requirements): 2 compliant restrooms – 1 each
Zoning: B-4 (Central Business)
Utilities: Electric – Com Ed  Gas – Nicor  Water & Sewer – Aqua Illinois
Kankakee Property
8 ˝ Acres at I-57 exit #308 Interchange
South end of Kankakee
 
Property Type: Land w/building improvement
(Former Redwood Inn)
114 S. Rt 45/52
Kankakee, IL 60901
 
SOLD
West Court Street
1.5 Acres West Court Street
Kankakee, IL 60901
 
(Next to Wendy’s)
 
Property Type: Commercial Land
 
Perfect for Strip Center

SOLD