IL
Kankakee
Grant Park
60940
127 W Taylor Street
127 W Taylor Street, Grant Park, IL 60940
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Listing Type
Commercial/Industrial
Listing Status
Active
22
$650,000

Home Details for 127 W Taylor Street

Price
$650,000
Type
Commercial Sale
Year built
1920
County
Kankakee
Days on site
3
MLS Listing#
12604944
Property Description

This mixed-use property offers significant income potential with 5 apartments, approximately 3,000 SF of office space, and 5,449 SF of light warehouse. The building features 1 three-bedroom, 2 two-bedroom, and 2 one-bedroom apartments, with gas forced air heating in the office, warehouse, and apartments 1 & 2, and electric baseboard heating in the remaining units. Central air serves the office, warehouse, and apartments 1 & 2, while window units provide cooling for all apartments. The roof is 8-9 years old, and the property presents a tremendous opportunity for investors seeking a versatile income-producing asset with both commercial and residential components. The offices are turnkey, complete with 5 high-quality workstations including desks, chairs, phones, headsets, monitors, keyboards, computers, and a server, with room for additional workstations. Built in 1920, the right two-thirds of the building were fully renovated 17 years ago-down to the studs, including all new electric, plumbing, and HVAC-while the five apartments were updated individually as tenants moved out, ensuring modern, move-in ready living spaces.

Property Features
  • Cooling Information
    • Central Air
    • Window Unit(s)
Listing Courtesy: McColly Bennett Real Estate - 815-929-9381
Midwest Real Estate Data logo Based on information submitted to the MLS GRID as of 2026-04-02 08:01:30. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last Updated: 2026-04-02 08:01:30
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