Price Reduced – Now $285,000 This exceptional commercial offering near downtown Kankakee presents over 5,000 sq ft of versatile space formerly used as a successful bar and banquet hall. Features include three full-service bars (one with nostalgic aluminum ceiling), dance floor with stage & lighting, his & hers multi-stall restrooms, walk-in pantry, private office with vault, full security camera system (equipment owned), basement storage, wheelchair access, and a 2-3 bedroom apartment upstairs (needs work – terrific potential for added income). Equipment, furnishings and fixtures are included-tables, bar stools, pool table, commercial coolers & ice machines, ceiling & floor speakers. Outside you’ll find two rear decks for outdoor seating, a detached garage for storage/utility use, and a roof replaced in 2015. Liquor and video-gaming licenses were held by owner (buyer must reapply). Selling AS IS. Motivated Seller. REALTOR-owned. Rare find at this new price.
Property Details
Price:
$260,000
MLS #:
MRD12402492
Status:
Active
Beds:
0
Baths:
0
Type:
Business
Neighborhood:
kankakee
Listed Date:
Jun 26, 2025
Total Sq Ft:
8,700
See this Listing
Schools
Interior
Cooling
Central Air
Exterior
Construction Materials
Wood
Roof
Composition
Stories
2
Financial
Tax Year
2024
Taxes
$5,457
Map
Community
- Address481 N Schuyler N Avenue Kankakee IL
- CityKankakee
- CountyKankakee
- Zip Code60901
Market Summary
Property Summary
- 481 N Schuyler N Avenue Kankakee IL is a Business for sale in Kankakee, IL, 60901. It is listed for $260,000
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481 N Schuyler N Avenue
Kankakee, IL

