Lot # : 1 - 1395 Stanford Dr. Kankakee, IL 60901

Online Only Auction
1395 Stanford Dr. Kankakee, IL 60901
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Price Realized:
405,000.00 USD
Local Pickup Only
Reserve Met
Kankakee, IL 60901
Date(s)
10/1/2025 - 11/19/2025
Auctioneer Information
Catalog

Bidding Notice:

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Information
Lot # 1
Group - Category Real Estate - Commercial Properties
Lead 1395 Stanford Dr. Kankakee, IL 60901
Description
Online Auction – November 19, 2025 1395 Stanford Drive, Kankakee, IL Located in the Northland Estates Industrial Park in Kankakee, IL, this property offers a 10,560 sq. ft. industrial building on a 1.23-acre site, with an additional 0.53 acres of excess land included. Property Details: Address: 1395 Stanford Drive, Kankakee, IL Building Size: 10,560 sq. ft. (Light Industrial) Lot Size: 1.23 acres + 0.53 acres excess land (Total: ~1.76 acres) Location: Northland Estates Industrial Park, City of Kankakee, IL Legal Description: Lots 6, 7, and 8 of Northland Estates PINs: 17-09-401-012 17-09-401-013 17-09-28-401-003 Auction Terms & Conditions: Full details and bidder registration available at: ProchnowAuctions.Hibid.com Additional Auction Note: An Auction of Equipment, Tools, Vehicles, and Inventory will be conducted separately by Legacy Auctions & Bolin Auctions on November 15, 2025.
Name 1395 Stanford Dr. Kankakee, IL 60901
Auctioneer
Prochnow Auctions
Type Online Only Auction
Date(s) 10/1/2025 - 11/19/2025
Auction Date/Time Info
October 1st - November 19th at 7pm
Checkout Date/Time November 19th at 7pm
Location
1395 Stanford Dr
Kankakee, IL 60901
Description
Online Auction – November 19, 2025 1395 Stanford Drive, Kankakee, IL Located in the Northland Estates Industrial Park in Kankakee, IL, this property offers a 10,560 sq. ft. industrial building on a 1.23-acre site, with an additional 0.53 acres of excess land included. Property Details: Address: 1395 Stanford Drive, Kankakee, IL Building Size: 10,560 sq. ft. (Light Industrial) Lot Size: 1.23 acres + 0.53 acres excess land (Total: ~1.76 acres) Location: Northland Estates Industrial Park, City of Kankakee, IL Legal Description: Lots 6, 7, and 8 of Northland Estates PINs: 17-09-401-012 17-09-401-013 17-09-28-401-003 Auction Terms & Conditions: Full details and bidder registration available at: ProchnowAuctions.Hibid.com Additional Auction Note: An Auction of Equipment, Tools, Vehicles, and Inventory will be conducted separately by Legacy Auctions & Bolin Auctions on November 15, 2025.
Property sells "AS IS" with no warranties the successful bidder(s) must sign a contract provided by sellers attorney to purchase immediately following the close of successful bidding on the day of the auction. This contract is not negotiable. The final bid is subject to approval by the seller and the seller reserves the right to withdraw the property from sale at any time prior to receiving an acceptable bid. Arrangements for the Ten (10) % down payment (non-refundable) is due on the day of the auction closing, upon signing a contract. The down payment payable to the title company escrow account. Financing should be arranged if needed & buyer must be capable of paying 10% down payment (no refundable) on the day of auction. The remainder of the purchase price is payable at closing. Closing: 30 days after the close date of the auction. Possession of property will be given at closing. Real Estate Taxes prorated up to the closing date. Agency: Jeff Prochnow Auctions PLLC. (Berkshire Hathaway Central Illinois Realtors as sponsoring broker) and its representatives are exclusive agents of the seller
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 9,999,999.99 1,000.00 USD
Currency USD
Payment Terms
The successful bidder(s) must sign a contract to purchase immediately following the close of successful bidding on the day of the auction. This contract is not negotiable. The final bid is subject to approval by the seller and the seller reserves the right to withdraw the property from sale at any time prior to receiving an acceptable bid. Arrangements for the Ten (10) % down payment is due on the day of the auction closing, upon signing a contract to purchase. The down payment can be paid to the title company in the contract or the escrow account. 3% buyer’s premium. Financing: Bidding is not conditional upon financing. Financing should be arranged if needed & buyer must be capable of paying cash down payment on the day of auction. The remainder of the purchase price is payable at closing. Closing is to be planned for 30 days after the close date of the auction.
After - November 19th at 7PM