Bar & Pub

Kankakee, IL Bars & Pubs for Sale

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Bradley, IL Bourbonnais, IL Saint Anne, IL Manteno, IL Chebanse, IL Momence, IL Martinton, IL Pembroke Township, IL
Mixed-Use Property with Outdoor Venue
Updated: Aug 18
Mixed-Use Property with Outdoor Venue

5896 State RT 17 Hwy, Kankakee, IL 60901

$399,000
3,500 sqft 0.39 AC lot
Mixed‑use property with 2 apartments and established bar, tavern, and lounge configuration
Main two‑story building contains approximately 3,024 square feet
Hospitality area includes kitchen, food‑preparation space, bar, service areas, and seating for approximately 41–50 guests
Outdoor amenities include beer garden, stage, porch, rear deck, and fenced gathering area
Illinois Route 17 exposure with approximately 6,450 vehicles per day based on the 2025 IDOT AADT count
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Kankakee, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Brick Restaurant with Bar Areas
Brick Restaurant with Bar Areas

403 N Main St, Wilmington, IL 60481

$799,000
5,708 sqft

Two-story restaurant with professional equipment, gaming area, multiple bars, and ample parking.

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Bar And Grill With Office Unit
Bar And Grill With Office Unit

1361 Benton Street, Crete, IL 60417

$849,900
0.38 AC lot

Two-unit commercial property includes a dining area, full bar, separate entrance, and former dental office.

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Brick Restaurant with Second-Floor Apartment
Brick Restaurant with Second-Floor Apartment

403 N Main Street, Wilmington, IL 60481

$799,000
0.40 AC lot

Recent construction with professional equipment, gaming space, multiple bars, and ample parking supports varied restaurant operations.

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Mixed-Use Property with Full Bar
Mixed-Use Property with Full Bar

1361 Benton Street, Crete, IL 60417

$849,900

Includes a dining area, gaming, and a separately entered second unit requiring improvements.

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Kankakee, IL Bars & Pubs Market Trends and Statistics

Explore 1 bars & pubs for sale in Kankakee, IL on our real estate platform. These investment opportunities span a total of 3,500 square feet of properties for sale, with an estimated market value of $399,000.

Sale prices for pubs in Kankakee, IL average $399,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Bars & Pubs 1

Demographics Overview

Population 33K
Population Growth (5Y) -6.4%
Median Household Income $54,557
College Educated 22.6%

High-Yield Neighborhoods for Investment

Identify Kankakee submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
60901 $425K

Taxes & Financing

Tax Rate (average for all types) 11.80%
Tax Rate vs County Average 2.50 pp above county avg
Average Loan-to-Value 65.0%

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