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    Kankakee, IL Restaurants for Sale

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    Kankakee Redevelopment Opportunity
    $125,000

    Kankakee Redevelopment Opportunity

    590 S Washington Avenue, Kankakee, IL 60901

    Former gas station/convenience store ideal for redevelopment.

    • Ideal corner location with great visibility and access.
    • Redevelopment opportunity in downtown Kankakee.
    • Large +/-13,000 sq ft lot with dual alley access.
    • Across from Kankakee River.
    • Suitable for auto service or sit‑down restaurant.
    Updated: Aug 7, 2025
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    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Kankakee, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 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.

    Crete Commercial Property with Income
    $849,900
    0.38 Acres

    Crete Commercial Property with Income

    Bar/Grill plus office with redevelopment potential in Crete, IL.

    1361 Benton Street, Crete, IL 60417
    View details
    Commercial Land in Cedar Lake
    $489,500
    1.84 Acres

    Commercial Land in Cedar Lake

    1.84 acre B-3 zoned lot suitable for mixed uses.

    13900 Alexander Street, Cedar Lake, IN 46303
    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 Street, Crete, IL 60417
    View details
    Railside Business Park Opportunity
    $1,845,730
    2,500 SF

    Railside Business Park Opportunity

    Commercial space and B3 zoned lots in Railside Business Park.

    13861 Alexandria Ln, Cedar Lake, IN 46303
    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.

    Commercial Land on Kennedy Drive
    Contact for pricing
    22,500 SF

    Commercial Land on Kennedy Drive

    Commercial land with frontage on Kennedy Drive in Bradley, IL.

    353 South Kennedy Drive, Bradley, IL 60915
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    4.05 Acre Outlot For Sale
    $250,000

    4.05 Acre Outlot For Sale

    Commercial land outlot adjacent to Aldi store available for sale.

    2705 S Schuyler Ave, Kankakee, IL 60901
    View details
    4.05 Acres on Schuyler Avenue
    $250,000

    4.05 Acres on Schuyler Avenue

    4.05 acres of commercial land for sale.

    2705 S Schuyler Ave, Kankakee, IL 60901
    View details
    Retail Development Land Opportunity
    $3,000,000

    Retail Development Land Opportunity

    Land for retail development near regional power center.

    NW CRNR Kinzie Ave. & St. George Road, Bradley, IL 60915
    View details

    Kankakee, IL Restaurants Investment Opportunities Market Analysis

    Explore 1 restaurants for sale in Kankakee, IL on our real estate platform. These investment opportunities span a total of 13,068 square feet of properties for sale, with an estimated market value of $125,000.

    Sale prices for restaurant properties in Kankakee, IL start at $125,000, averaging $125,000, and reaching up to $125,000 — 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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