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$ 285,000
Est. payment /mo
Price Dropped by $50K
481 N Schuyler AVE N Kankakee, IL 60901
8,700 SqFt
UPDATED:
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 $32
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
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.
Location
State IL
County Kankakee
Area Kankakee
Zoning COMMR
Interior
Cooling Central Air
Fireplace N
Exterior
Utilities Available Electric to Site, Natural Gas Available, Sewer Connected
Roof Type Composition
Building
Dwelling Type Bus / Bus w/Real Est
Structure Type Wood
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Brenda Ervin of Coldwell Banker Realty