481 N Schuyler AVE N new Save Request In-Person Tour Request Virtual Tour
Kankakee,IL 60901
Key Details
Property Type Commercial
Sub Type Bus / Bus w/Real Est
Listing Status Active
Purchase Type For Sale
Square Footage 8,700 sqft
Price per Sqft $38
MLS Listing ID 12402492
Annual Tax Amount $5,456
Tax Year 2024
Property Sub-Type Bus / Bus w/Real Est
Property Description
Versatile Commercial Property - 5,000+ Sq Ft - Former Bar & Banquet Hall Near Downtown Kankakee! Incredible opportunity for investors, entrepreneurs, or visionaries! This expansive property, formerly a thriving bar and banquet venue, offers over 5,000 sq ft of flexible space and is loaded with valuable features in a prime location just minutes from Downtown Kankakee. Property Highlights: 3 full-service bars, including one with a nostalgic aluminum ceiling, Dance floor and elevated stage with lighting, His & Hers multi-stall restrooms, Walk-in pantry, Private office space with secure vault, Security camera system (equipment owned). Wheelchair accessible, Basement storage area and. Upstairs 2/3 bedroom apartment (needs work-great potential for added income). Furnishings & Equipment Included: Tables and bar stools, Floor speakers and ceiling speakers (previously wired to juke box), Pool table, (3) Commercial coolers, Ice machines, Ceiling fans. The exterior features: Two rear decks for outdoor seating, Detached garage for additional storage or utility use, Roof replaced in 2015. Additional Info: Liquor and video gaming licenses were previously held by the current owner (buyer must reapply). Selling AS IS - Motivated Seller Unlock the potential of this distinctive space. Whether you're reviving the bar scene, hosting events, or transforming it into a new concept-this property is a rare find. Bring your best offer today! REALTOR OWNED.
Location
State IL
County Kankakee
Area Kankakee
Zoning COMMR
Interior
Cooling Central Air
Exterior
Utilities Available Electricity Available,Natural Gas Available,Sewer Connected
Roof Type Composition
Building
Dwelling Type Bus / Bus w/Real Est
Structure Type Wood