877-911 N. Convent Street

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877-911 N. Convent Street

Bourbonnais, IL 60914-1351
Asking Price
$1.30M
Asset Type
Commercial Land
Class
Class B

What's Special

Bourbonnais Stand Alone Retail Development Site <ul><li>​2.75 acres of vacant, flat land with approximately 300 feet of frontage along Convent Street/US-45 (20,870 VPD) with 400 feet of depth</li><li>​Prime site for 6,000-7,500 SF stand-alone retail building development with abundant parking</li><li>​Positioned along the primary north-south commercial artery serving Bourbonnais and Kankakee, US-45 with 20,870 VPD</li><li>​Close proximity to Olivet Nazarene University, Bourbonnais Upper Grade Center Middle School and national retailers such as

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NOI
$80,000
Cap Rate
6.15%
DSCR
1.04
Tight
Cash-on-Cash
0.72%
Monthly Payment
$6,431.691
Annual Cash Flow
$2,819.712

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