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    Kankakee, IL Restaurants for Sale

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    Kankakee Restaurant with Garage
    $100,000
    0.06 Acres

    Kankakee Restaurant with Garage

    430 W Station St, Kankakee, IL 60901

    Well-located restaurant with garage near hospitals and downtown Kankakee.

    • Prime location in the thriving core of Kankakee, Illinois.
    • Close proximity to two major hospitals, the Metra station, and downtown Kankakee.
    • High visibility and steady foot traffic.
    • Includes a huge, spacious block garage.
    • Garage offers potential for restaurant expansion, additional dining space, or a catering kitchen.
    Updated: Jan 29
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    Kankakee Redevelopment Opportunity
    $125,000

    Kankakee Redevelopment Opportunity

    590 S Washington Ave, Kankakee, IL 60901

    Redevelopment opportunity in downtown Kankakee, ideal corner location.

    • Prime corner location in downtown Kankakee with high visibility and access.
    • Redevelopment opportunity suitable for auto service or a sit‑down restaurant.
    • Large +/-13,000 sq ft lot with dual alley access.
    • Located across from the Kankakee River.
    • Existing 1,100 SF building on site.
    Updated: Aug 13, 2025
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    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 2 Active listings in Kankakee, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 Land Listings that present a potential for development.

    Explore Opportunities in Nearby Cities

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

    Route 41 Commercial Opportunity
    $255,000
    3.29 Acres

    Route 41 Commercial Opportunity

    3+ acre parcel with commercial building and fixer-upper home.

    20508 Wicker Blvd, Lowell, IN 46356
    View details
    Route 41 Commercial Opportunity
    $255,000
    2,130 SF

    Route 41 Commercial Opportunity

    3+ acre parcel with commercial building and fixer-upper home.

    20508 Wicker Blvd, Lowell, IN 46356
    View details
    Crete Commercial Bar and Grill
    $849,900

    Crete Commercial Bar and Grill

    Well-known neighborhood bar and grill with additional income potential.

    1361 Benton St, Crete, IL 60417
    View details
    Crete Commercial Property For Sale
    $849,900
    0.38 Acres

    Crete Commercial Property For Sale

    Well-known bar and grill with additional office space.

    1361 Benton St, Crete, IL 60417
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Kankakee Redevelopment Opportunity
    $125,000

    Kankakee Redevelopment Opportunity

    Redevelopment opportunity in downtown Kankakee, ideal corner location.

    590 S Washington Ave, Kankakee, IL 60901
    View details

    Kankakee, IL Restaurants Investment Opportunities Market Analysis

    Explore 2 restaurants for sale in Kankakee, IL on our real estate platform. These investment opportunities span a total of 2,614 square feet of properties for sale, with an estimated market value of $100,000.

    Sale prices for restaurant properties in Kankakee, IL start at $100,000, averaging $100,000, and reaching up to $100,000 — 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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    Most Searched ZIP Codes in Kankakee, IL

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