O'Neil Property Group

Search Homes for Sale in Chicago’s Western Suburbs

Save
Ask
Tour
Hide
Share
$380,000
31 Days On Site

164 N Schuyler Avenue
Kankakee, IL 60901

For Sale|Business|Active
0
Beds
0
Total Baths
7,250
SqFt
$52
/SqFt
1912
Built
County:
Kankakee
Listing Courtesy of MRED as distributed by MLS Grid of McColly Bennett Real Estate
164 N Schuyler Avenue164 N Schuyler Avenue164 N Schuyler Avenue164 N Schuyler Avenue
Save
Ask
Tour
Hide
Share

Mortgage Calculator

Monthly Payment (Est.)

Enter an interest rate to see your estimated monthly payment.
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright Β©2026 Information is deemed reliable but not guaranteed.

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!

Save
Ask
Tour
Hide
Share
Listing Snapshot
PriceΒ 
$380,000
Days On SiteΒ 
31 Days
BedroomsΒ 
N/A
Inside Area (SqFt)Β 
7,250 sqft
Total BathsΒ 
N/A
Full BathsΒ 
N/A
Partial BathsΒ 
N/A
Lot SizeΒ 
N/A
Year BuiltΒ 
1912
MLS NumberΒ 
12749692
StatusΒ 
Active
Property TaxΒ 
$4,345
HOA/Condo/Coop FeesΒ 
N/A
Sq Ft SourceΒ 
N/A
Friends & Family
Recent Activity
4 weeks agoListing updated with changes from the MLS
4 weeks agoStatus changed to Active
a month agoListing first seen on site
General Features
Additional Property UseΒ 
Commercial
FoundationΒ 
Stone
Property Sub TypeΒ 
Business
SqFt TotalΒ 
7250
UtilitiesΒ 
Natural Gas AvailableSewer Connected
ZoningΒ 
COMMR
Interior Features
CoolingΒ 
Central Air
FlooringΒ 
CarpetTileWood
Save
Ask
Tour
Hide
Share
Exterior Features
Construction DetailsΒ 
Brick
RoofΒ 
Membrane
Community Features
MLS AreaΒ 
Kankakee
TownshipΒ 
Kankakee
Listing Courtesy of MRED as distributed by MLS Grid of McColly Bennett Real Estate



Based on information submitted to the MLS GRID as of 2026-11-08 04:26 PM 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: 2026-11-08 04:26 PM UTC
MRED DMCA Copyright Information Copyright Β© 2026 Midwest Real Estate Data LLC. All rights reserved.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
Save
Ask
Tour
Hide
Share