Retail/Stores

164 N Schuyler Ave, Kankakee, IL 60901

Accepting Offers
Retail/StoresRetail/StoresRetail/StoresRetail/Stores
Asking Price

$380,000

Retail/Stores

164 N Schuyler Ave, Kankakee, IL 60901

Asset Type: Real Estate

Estate: Fee Simple

Land Area: 0.08 Acres

Number of Units: 1

Property Type: Retail

Occupancy %: 100

Number of Floors: 2

Parking Count: 40

Investment Highlights

  • Great investment
  • Longterm tenant in place
  • Offered at a 10 Cap
  • Downtown Kankakee location in the Central Business District on Schuyler Avenue
  • Prominent street presence in a walkable commercial corridor
  • Ideal downtown visibility and access
  • Historic 1912 building with character and enduring architectural appeal
  • Central business district setting supports consistent traffic

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!

Sale FAQs

Investment Sales Broker

Buck Tamblyn

Buck Tamblyn

McColly Bennett Commercial Advantage

IL License: 475.131086

Phone: XXXXXXXXXX

Email: XXXXXXXXXXXXXXXXXXXXXXX

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