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164 N Schuyler AVE Kankakee, IL 60901
7,250 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail/Stores
Listing Status Active
Purchase Type For Sale
Square Footage 7,250 sqft
Price per Sqft $52
MLS Listing ID 12749692
Year Built 1912
Annual Tax Amount $4,345
Tax Year 2025
Lot Dimensions 25 x 145
Property Sub-Type Retail/Stores
Property Description
KANKAKEE - FOR SALE - Investment Opportunity - Fully leased Restaurant. This stable tenant has been operating at this location for over a decade and have 4 years left on their lease! Property offered at a 10 cap return. This well-maintained, two-story property offers an impressive combination of dining, bar, entertainment, and event space with above-average finishes throughout. The main level features a full commercial kitchen (with fire suppression system), spacious dining area, full bar, and two large restrooms. The second floor provides additional dining and private-event/party space, a second bar, two restrooms, and convenient storage-offering excellent flexibility for banquets, private parties, or expanded restaurant operations. A full basement provides substantial storage and mechanical space along with a large walk-in cooler and dedicated wine-cellar area. Additional features include a fenced brick-paver patio offering outdoor dining potential. Located downtown on Schuyler Ave., great location! Great investment, call today!
Location
State IL
County Kankakee
Area Kankakee
Zoning COMMR
Interior
Cooling Central Air
Flooring Carpet, Tile, Wood
Fireplace N
Exterior
Utilities Available Electric to Site, Natural Gas Available, Sewer Connected
Roof Type Membrane
Building
Dwelling Type Retail/Stores
Water Municipal Water
Structure Type Brick,Wood
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Buck Tamblyn of McColly Bennett Real Estate