481 N Schuyler Ave N

Kankakee, IL 60901
  • $335,000

    Price
  • 0

    Bed
  • Bath
  • 8,700

    SqFt

About the Listing 21851 - 249307

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.

Listing Highlights for 481 N Schuyler Ave N

Status Active
Days on Site 82
Property Type Business Opportunity
MLS ® 12402492
Year Built
Total Square Footage 8,700
Lot/Acreage 0.2
County Kankakee

Interior Details

  • Bedrooms: 0
  • Bathrooms: Full
  • Appliances:
  • Air Cond: Central Air
  • Heating: Forced Air
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Garage Capacity: N/A
  • Lot Dimensions: 60X145
  • Zoning: COMMR
  • Roof: Composition
  • Others:
  • Sewer:
  • Parking Features: 19-30 Spaces

Financial Details

  • Tax Amount: $5,457
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 16093240401000
  • Tax Year: 2024

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481 N Schuyler Ave N Kankakee, IL 60901

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Originating MLS: mred

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