Lot # : 1 - 1350 Stanford Dr Kankakee, IL 60901

Online Only Auction
1350 Stanford Dr Kankakee, IL 60901
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Price Realized:
400,000.00 USD
Local Pickup Only
Reserve Met
Kankakee, IL 60901
Date(s)
10/1/2025 - 11/19/2025
Auctioneer Information
Catalog

Bidding Notice:

Thank You for Bidding with Prochnow Auctions

Information
Lot # 1
Group - Category Real Estate - Commercial Properties
Lead 1350 Stanford Dr Kankakee, IL 60901
Description
Online Auction – November 19, 2025 1350 Stanford Drive, Kankakee, IL Located in the Northland Industrial Estates area of Kankakee, this property features a 0.93-acre site improved with a 9,000 sq. ft. light industrial building and a new paved driveway. The sale also includes an additional 1.41 acres of excess land, offering expansion or development opportunities. Property Details: Address: 1350 Stanford Drive, Kankakee, IL Building Size: 9,000 sq. ft. (Light Industrial) Lot Size: 0.93 acres + 1.41 acres excess land (Total: ~2.34 acres) Location: Industrial Park – Northland Industrial Estates Legal Description: Lot 12, Northland Industrial Estates, plus excess land (Lots 11, 12 & 13) PINs: 17-09-28-402-003 17-09-28-402-004 17-09-28-402-005 17-09-28-402-055 Auction Terms & Conditions: Visit ProchnowAuctions.Hibid.com for complete details and registration. 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 1350 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 6pm
Checkout Date/Time November 19th at 6pm
Location
1350 Stanford Dr.
Kankakee, IL 60901
Description
Online Auction – November 19, 2025 1350 Stanford Drive, Kankakee, IL Located in the Northland Industrial Estates area of Kankakee, this property features a 0.93-acre site improved with a 9,000 sq. ft. light industrial building and a new paved driveway. The sale also includes an additional 1.41 acres of excess land, offering expansion or development opportunities. Property Details: Address: 1350 Stanford Drive, Kankakee, IL Building Size: 9,000 sq. ft. (Light Industrial) Lot Size: 0.93 acres + 1.41 acres excess land (Total: ~2.34 acres) Location: Industrial Park – Northland Industrial Estates Legal Description: Lot 12, Northland Industrial Estates, plus excess land (Lots 11, 12 & 13) PINs: 17-09-28-402-003 17-09-28-402-004 17-09-28-402-005 17-09-28-402-055 Auction Terms & Conditions: Visit ProchnowAuctions.Hibid.com for complete details and registration. 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 6PM