$260,000

481 N Schuyler Avenue N, Kankakee IL, 60901

Price per sqft$29.89

Property size8,700 sqft

Property typeCommercial

Listed by Brenda Ervin with Coldwell Banker Realty 815-685-0106

Overview

Active

Listed Jun 26, 2025

Updated 3 weeks ago

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.

Additional information

MLS^® ID: 12402492

Interior Features

Bedrooms: 0
Cooling: Yes
Basement: No

Exterior Features

Lot Size: 0.2 Acres

Other Property Details

Taxes: $5,457
Tax Frequency: Annually

Listed by Brenda Ervin with Coldwell Banker Realty 815-685-0106

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