21
See all 21 photos
$335,000
Est. payment /mo
8,700 SqFt
New
481 N Schuyler AVE N Kankakee, IL 60901
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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
Lot Dimensions 60X145
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
Fireplace N
Exterior
Utilities Available Electricity Available, Natural Gas Available, Sewer Connected
Roof Type Composition
Building
Dwelling Type Bus / Bus w/Real Est
Level or Stories 2
Structure Type Wood
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Brenda Ervin • Coldwell Banker Realty
GET MORE INFORMATION
Chris Buckely
IL/IN/MI Managing Broker | License ID: IN- RB17001753 | IL- 477013311
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