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    Conventional Restaurant

    Kankakee, IL Conventional Restaurants for Sale

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    Bradley, IL Bourbonnais, IL Aroma Park, IL Saint Anne, IL Manteno, IL Chebanse, IL Momence, IL Martinton, IL
    Restaurant Building with Event Space
    Updated: Oct 7
    Restaurant Building with Event Space

    164 N Schuyler Avenue, Kankakee, IL 60901

    $380,000
    7,250 sqft
    7,250‑square‑foot restaurant building on three levels, including a full basement
    Fully leased; tenant has operated at the location for over a decade, with 4 years left on the lease
    Main‑floor commercial kitchen includes a fire suppression system
    Dining, bars, and restrooms on both above‑grade floors
    Basement includes a walk‑in cooler and dedicated wine‑cellar area
    View details
    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    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.

    View details
    Restaurant Property with Truck Parking
    Restaurant Property with Truck Parking

    20508 Wicker Boulevard, Lowell, IN 46356

    $249,000
    2,130 sqft

    Commercial parcel includes a restaurant-configured building and a separate single-family residence requiring renovation.

    View details
    Brick Restaurant with Second-Floor Apartment
    Brick Restaurant with Second-Floor Apartment

    403 N Main Street, Wilmington, IL 60481

    $749,500
    0.40 AC lot

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

    View details
    Duplex Property with Restaurant-Ready Building
    Duplex Property with Restaurant-Ready Building

    20508 Wicker Boulevard, Lowell, IN 46356

    $249,000
    3.29 AC lot

    A Route 41 parcel with well water, septic service, propane heat, and an existing restaurant-ready commercial building.

    View details

    Kankakee, IL Conventional Restaurants Market Trends and Statistics

    Explore 1 conventional restaurants for sale in Kankakee, IL on our real estate platform. These investment opportunities span a total of 7,250 square feet of properties for sale, with an estimated market value of $380,000.

    Sale prices for conventional restaurants in Kankakee, IL average $380,000 — 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 2
    Conventional restaurants 1

    Demographics Overview

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

    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%

    How Realmo verifies these figures

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