David Mirdadi - Chicagoland Brokers Inc Logo
$380,000
( $52.41Per Sq Foot )
 $2,040 est/mo Sourced by Back At You

164 N Schuyler Avenue,Kankakee, IL 60901

Kankakee, IL 60901

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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!

Details

MLS #12749692
Listing TypeFor Sale
StyleRetail/stores
Sub-TypeResale
StatusActive
Year1912
Days On Site9
Listing Provided ByMcColly Bennett Real Estate | Buck Tamblyn

Features

SQ Feet7,250
Story(s)2
Units1
ZoningCOMMR

Interior

CoolingCentral Air

Exterior

RoofMembrane
Foundation DetailsStone
Construction MaterialsBrick, Wood

Utilities

UtilitiesElectric to Site, Natural Gas Available, Sewer Connected
ElectricService - 201 to 600 Amps

Taxes

Tax Year2025
Tax Annual Amount4345

Area Information

StateIL
CountyKankakee
CityKankakee
Zip Code60901
AreaKankakee
Listing VS Median (in 60901)
Price:
$380,000
low | high
Med:
$189,900
100% of Average
sqft:
7,250
low | high
Med:
1,400
100% of Average
$ / sqft:
$52
low | high
Med:
$136
100% of Average
On site:
9
low | high
Med:
17
52.941176470588% of Average
Sourced by Back At You

Market Activity 60901

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Learn More About This Property

David Mirdadi

David Mirdadi

Chicagoland Brokers Inc

 (773) 455-6666homes@mirdadi.com
StateIL
CountyKankakee
CityKankakee
Zip Code60901
AreaKankakee
Listing VS Median (in 60901)
Price:
$380,000
low | high
Med:
$189,900
100% of Average
sqft:
7,250
low | high
Med:
1,400
100% of Average
$ / sqft:
$52
low | high
Med:
$136
100% of Average
On site:
9
low | high
Med:
17
52.941176470588% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $285K - $475K
sqft: 5,000 - 9,000
Nearby Listings Property ImageNearby Listings Details
194 N Entrance Avenue Property Photo 1
$287,000
194 N Entrance Avenue
Kankakee, IL 60901
Listing Updated: October 12, 2026 at 11:16:29 PM PDT

David Mirdadi - Chicagoland Brokers Inc