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About the Listing 94050 - 940284
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!
Listing Highlights for 164 N Schuyler Ave
Interior Details
- Appliances:
- Air Cond: Central Air
- Heating: Central Bldg Heat
- Fireplaces:
- Floor: Carpet,Tile,Wood
- Basement:
- Other:
- Water: Municipal Water
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 25 x 145
- Zoning: COMMR
- Roof: Membrane
- Others:
- Sewer:
- Parking Features: 31-50 Spaces
Financial Details
- Tax Amount: $4,345
- Taxes w/Assessments: N/A
- Tax/Property ID: 160932425004
- Tax Year: 2025
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Monthly Payment
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Listing Location
Questions About..
164 N Schuyler Ave Kankakee, IL 60901
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