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  1. Commercial Properties
  2. IL
  3. Kankakee

Retail/Stores

For Sale

164 N Schuyler Ave, Kankakee, IL 60901

Downtown Kankakee, in the Central Business District on Schuyler Ave.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!

Key features

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

Building Details

  • For Sale $380,000
  • Property Type Retail - Street Retail
  • Units 1
  • Lot Size 0.08 Acre
  • Additional Rent Price on request
  • Parking Spaces Avail. 40
  • Date Updated Nov 12, 2026
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Contacts

broker
Buck Tamblyn

McColly Bennett Commercial Advantage

Location

  • City Kankakee, IL
  • Neighborhood Kankakee City Hall
  • Zip Code 60901
  • Market Chicago
  • Map
  • Street
  • Walk score 85/100 Very Walkable
  • Bike score 45/100 Somewhat Bikeable
Powered by Walk Score ®

Points of Interest

Kankakee

0.18 miles

Casey's General Store

1.48 miles

Circle K

1.65 miles

Speedway

1.72 miles

Phillips 66

2.06 miles

Meijer

2.73 miles

Kroger

2.92 miles

Murphy USA

2.95 miles

KMart RDC Truck Lot

8.61 miles

Jewel-Osco

0.42 miles

Berkot's Super Foods

1.21 miles

ALDI

2.64 miles

Meijer

2.75 miles

Walmart Supercenter

2.83 miles

Kroger

2.99 miles

Gordon Food Service

3.04 miles

Marshalls

3.52 miles

Target

3.69 miles

Northfield Square Mall

3.77 miles

Listing Summary

  • Property Financials

    164 N Schuyler Ave is currently listed for sale at $380,000.

  • Property Details

    There are a total of 40 parking spaces available onsite.

  • Area Characteristics

    164 N Schuyler Ave is located in the Kankakee City Hall neighborhood.

    There is 1 other retail property listed for sale in the neighborhood. In terms of ease of commuting, the area has a walk score of 85, indicating that it is very walkable.

Contact Buck Tamblyn
broker
Buck Tamblyn

McColly Bennett Commercial Advantage

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