Kankakee Illinois Industrial Warehouse Spaces for Rent

Kankakee, IL Warehouse Space for Rent.

Discover an exceptional selection of warehouse spaces for rent in the prime location of Kankakee, Illinois. Our warehouses boast ample square footage, with flexible floor plans to accommodate your business needs. Equipped with modern amenities and advanced security systems, these spaces provide a safe and efficient environment for your operations. The strategic location offers easy access to major transportation routes, ensuring seamless logistics and distribution. Whether you're seeking long-term storage solutions or short-term rentals, our experienced team is dedicated to finding the optimal space that empowers your business to thrive. Contact us today to schedule a tour and secure your ideal warehouse space in Kankakee!

Benefits of Kankakee's, Industrial Market.

Kankakee, Illinois boasts a prime industrial market with exceptional advantages for businesses and investors seeking warehouse space:

• Prime Location: Strategically situated at the crossroads of I-57, I-80, and Route 41, offering unparalleled accessibility and connectivity to major markets and transportation hubs.
• Abundant Land: Vast availability of industrial land at competitive prices, providing ample space for expansion and development of large-scale facilities.
• Skilled Labor: Access to a skilled labor force with expertise in manufacturing, distribution, and logistics, ensuring operational efficiency and productivity.
• Low Operating Costs: Competitive utility rates, taxes, and insurance premiums, significantly reducing operational expenses for businesses.
• Infrastructure Advantages: Excellent infrastructure, including rail lines and access to barge terminals, facilitates efficient multimodal transportation.
• Business-Friendly Environment: Supportive local government and business organizations offer assistance and incentives to encourage investment and economic growth.
• Proximity to Major Markets: Close proximity to major population centers in Illinois, Indiana, and Wisconsin, providing access to a large consumer base.
• Strong Logistics Network: Established logistics network with major carriers and third-party logistics providers, ensuring seamless distribution and fulfillment operations.

Why Kankakee is a Great Place to Locate a Business.

Kankakee, IL is an excellent location for businesses looking to expand or relocate with a strong interstate network and robust infrastructure:

• Interstate Access: Kankakee is conveniently situated near Interstates 57 and 55, providing easy access to major cities and distribution hubs.
• Industrial Parks: The city offers multiple industrial parks with available land and buildings, accommodating various business needs.
• Rail Service: Kankakee is served by multiple rail lines, including Union Pacific and BNSF Railway, facilitating efficient transportation of goods.
• Waterway Access: The Kankakee River provides businesses with access to the Mississippi River and the Great Lakes, offering multiple shipping options.
• Economic Incentives: Kankakee offers various economic incentives, such as tax breaks and grants, to encourage business development.
• Skilled Workforce: The city has a skilled and experienced workforce, ready to meet the demands of various industries.
• Affordable Living: Kankakee boasts a low cost of living, benefiting businesses and employees alike.
• Quality of Life: Kankakee offers a high quality of life with affordable housing, excellent schools, and numerous recreational amenities.
• Business Support: The city provides comprehensive business support services, including business counseling, site selection assistance, and workforce training programs.
• Warehouse Space: Kankakee has a significant inventory of available warehouse space, meeting the varying needs of businesses.

Key Industries in Kankakee.

• Food Processing - Kankakee is home to several major food processing facilities, including those of Kraft Heinz, ConAgra Foods, and Cargill.
• Manufacturing - The city is also a hub for manufacturing, with companies such as Caterpillar, John Deere, and Exelon operating plants in the area.
• Healthcare - Kankakee has a strong healthcare sector, with Presence Saint Mary's Hospital and Riverside Medical Center being major employers.
• Retail - The city is also home to several major retail centers, including the Kankakee Mall and River Valley Marketplace.
• Logistics and Distribution - Kankakee's location along the Interstate 57 corridor makes it an ideal location for logistics and distribution centers.
• Education - Kankakee is home to a number of educational institutions, including Kankakee Community College and Olivet Nazarene University.
• Tourism - The city has a number of tourist attractions, including the Kankakee River State Park and the Kankakee Railroad Museum.

Demographics.

• Population: 25,924
• Median Age: 35
• Median Household Income: $46,097
• Education: 22.3% of residents have a bachelor's degree or higher.

Market Statistics.

• Vacancy Rate: 5.7%
• Average Asking Rents: $10/SF/YR
• Total Inventory: 9,000,000 sq. ft.