Listing provided courtesy of Lincoln-Way Realty, IncMREDas Distributed by MLSGrid- MLS# 12501573MLS Provider

475 Brown BoulevardBourbonnais, IL 60914

Commercial · 20,508 Sq. ft. | 2.63 Acres
$2,850,000 Active

475 Brown Boulevard Overview

Time on Site:
161 days
Visits:
3

Introducing the Brown Professional Centre, an outstanding opportunity to own a premier medical and office complex in the heart of Bourbonnais. Ideally located on heavily traveled William Latham Drive, this impressive one-story property offers 20,508 square feet of versatile space designed to accommodate a variety of medical, dental, and professional offices. Set on over 2.7 acres, the building is fully handicap accessible and features a beautiful common area, a front canopy, and abundant parking for 100+ vehicles. Inside, there are 9 professional suites, all within a well-maintained facility supported by a standard wet system and a NEW roof installed in 2024. This property boasts a strong rental history with long-term tenants and high occupancy rates, making it a stable and attractive investment opportunity. Zoned B-1 Central Commercial District, the Brown Professional Centre offers flexibility, visibility, and convenience in one of Bourbonnais' most active commercial corridors. A rare opportunity to invest in a high-performing, income-producing property in an excellent location.

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475 Brown Boulevard Facts & Features

  • Type Commercial
  • Sq. ft. 20,508
  • Price/Sq.ft. $139
  • Lot 2.63 Acres

Details

General

Income/Expenses

  • Gross Income: 268151
  • Gross Scheduled Income: 268151
  • Net Operating Income: 211850
  • Operating Expense: 56300

Building Information

  • Year Built: 1991

Business Information

  • Current Use: Commercial,Medical/Dental

Location/Region

  • County Or Parish: Kankakee
  • MLS Area Major: Bourbonnais
  • Township: Bourbonnais

Rent/Lease Information

  • Tenant Pays: Electricity, Insurance, Varies by Tenant

Tax Information

  • Tax Annual Amount: $32,165.00
  • Tax Year: 2024

General Information

  • Parcel Number: 17091910019000
  • Property Type: Commercial Sale
  • Zoning: COMMR

Interior

Building Interior

  • Building Area Total: 20508

General Information

  • Cooling: Central Air
  • Electric: Separate Meters
  • Leasable Area: 3035
  • Stories: 1

Unit Information

  • Unit SqFt.: 20508

Exterior

Lot Information

  • Additional Parcels: Yes
  • Frontage Type: Public Road
  • Lot Size Acres: 2.63
  • Lot Size Dimensions: 114619
  • Lot Size Square Feet: 114619

Building Exterior/Construction

  • Roof: Rubber

General Information

  • Number Of Units Total: 9

475 Brown Boulevard Neighborhood

Community

60914 (BOURBONNAIS) Demographics

34
Median Age
594
Population Density (per sq. mile)
42%
College Educated
$76,860
Estimated Median Income
6,826
Estimated Total Home Owners
2,735
Estimated Total Renters
71% / 29%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

475 Brown Boulevard Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

475 Brown Boulevard Market Data

Based on the last 30 days in this zip code

$360,696
Average List Price
$173
Average Price per Square Foot
25
Properties Sold
63
Average Days on Market
79
Properties for Sale
Calculations provided by Reliance Network

475 Brown Boulevard History

Date Event Value Agent
1/24/2026Source: MRED Status Change
Active
1/19/2026Source: MRED Added to Database
January 19, 2026