O'Neil Property Group

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$260,000
498 Days On Site

481 N Schuyler Avenue N
Kankakee, IL 60901

For Sale|Business|Active
0
Beds
0
Total Baths
8,700
SqFt
$30
/SqFt
County:
Kankakee
Listing Courtesy of MRED as distributed by MLS Grid of Coldwell Banker Realty
481 N Schuyler Avenue N481 N Schuyler Avenue N481 N Schuyler Avenue N481 N Schuyler Avenue N
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Price Reduced - Now $260,000 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.

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Listing Snapshot
PriceΒ 
$260,000
Days On SiteΒ 
498 Days
BedroomsΒ 
N/A
Inside Area (SqFt)Β 
8,700 sqft
Total BathsΒ 
N/A
Full BathsΒ 
N/A
Partial BathsΒ 
N/A
Lot SizeΒ 
N/A
Year BuiltΒ 
N/A
MLS NumberΒ 
12402492
StatusΒ 
Active
Property TaxΒ 
$5,456.66
HOA/Condo/Coop FeesΒ 
N/A
Sq Ft SourceΒ 
N/A
Friends & Family
Recent Activity
3 weeks agoListing updated with changes from the MLS
5 months agoStatus changed to Active
5 months agoPrice changed to $260,000
a year agoListing first seen on site
General Features
Additional Property UseΒ 
Commercial
Property Sub TypeΒ 
Business
SqFt TotalΒ 
8700
UtilitiesΒ 
Natural Gas AvailableSewer Connected
ZoningΒ 
COMMR
Interior Features
CoolingΒ 
Central Air
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Exterior Features
RoofΒ 
Composition
Community Features
MLS AreaΒ 
Kankakee
Listing Courtesy of MRED as distributed by MLS Grid of Coldwell Banker Realty



Based on information submitted to the MLS GRID as of 2026-11-07 04:32 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2026-11-07 04:32 AM UTC
MRED DMCA Copyright Information Copyright Β© 2026 Midwest Real Estate Data LLC. All rights reserved.

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Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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