481 N Schuyler Avenue N — Kankakee, IL 60901
Active
▼ $75,000
Kankakee, IL 60901

481 N Schuyler Avenue N

$260,000
0 beds · 0 baths
$75,000 below original 351 days on market $5,457/yr taxes
01About this home

Price Reduced - Now $285,000 This exceptional commercial offering near downtown Kankakee presents over 5,000 sq ft of versatile space formerly used as a successful bar and banquet hall. Features include three full-service bars (one with nostalgic aluminum ceiling), dance floor with stage & lighting, his & hers multi-stall restrooms, walk-in pantry, private office with vault, full security camera system (equipment owned), basement storage, wheelchair access, and a 2-3 bedroom apartment upstairs (needs work - terrific potential for added income). Equipment, furnishings and fixtures are included-tables, bar stools, pool table, commercial coolers & ice machines, ceiling & floor speakers. Outside you'll find two rear decks for outdoor seating, a detached garage for storage/utility use, and a roof replaced in 2015. Liquor and video-gaming licenses were held by owner (buyer must reapply). Selling AS IS. Motivated Seller. REALTOR-owned. Rare find at this new price.

02Inside the home
03By the numbers
$260,000
List price
Square feet
Bedrooms
Bathrooms
Year built
Lot size
Garage spaces
$5,457
Annual taxes
Bus / Bus w/Real Est
Style
351
Days on market
04Features
Cooling
Central Air
Construction
Wood
05Neighborhood
  • Crazy Joe's Diner 0.4 mi
  • Poor Boy 1.1 mi
  • Captain Fresh Fish & Chicken 1.1 mi
  • McDonald's 1.3 mi
  • McDonald's 1.3 mi
  • Jewel-Osco 700 ft
  • Berkot's Super Foods 1.2 mi
  • Jeffers Park 0.4 mi
  • Riverview Historic District 0.4 mi
  • Legion Park 0.5 mi
  • Washington Park 0.6 mi
  • Alpiner Park 0.6 mi
  • Dr. Martin Luther King Jr. Memorial Park 0.7 mi
  • Nothing surfaced nearby in our maps data.
POI data via Mapbox · OpenStreetMap contributors
06History

Every event we have for this address, straight from the MLS.

Jun 12, 2026
Price reducedThis listing
Coldwell Banker Realty
$260,000
−$75,000
Jun 26, 2025
Listed for saleThis listing
Coldwell Banker Realty
$335,000
Sourced from MRED. Older events appear here as our history backfill completes.
07Ask Dwello

Real answers about this home — pricing, schools, what to ask, anything.

08See it for yourself

Stand in the kitchen.
See the light at 4pm.

Photos can only do so much. Pick a time — we'll meet you at the door.

Connect with Ewelina, Anna, or Nadeem — real people on our team, no call centers.
09Similar homes
Listed by Coldwell Banker Realty · Brenda Ervin · 815-685-0106
MLS data provided through MLS GRID · MRED MLS · MLS# MRD12402492
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