5986 E State Route 17 Highway, Kankakee, Illinois 60901
- $425,000
- List Price
- $425,000
- MLS#
- 12728395
- Status
- ACTIVE
- Type
- Commercial
- Subtype
- Business Opportunity
- County
- Kankakee
- City
- Kankakee
- Neighborhood
- Kankakee
- Days On Market
- 26
Property Description
Income-Producing Mixed-Use Commercial Property * 2 Apartments * Outdoor Entertainment Space * Additional Building * High-Visibility Route 17 Location A unique opportunity to own a well-cared-for and recently improved mixed-use commercial property along Illinois Route 17 in Kankakee. What truly sets River Rock apart is the atmosphere the current owners have created. This is more than a traditional bar or commercial building - it has been developed into a warm, welcoming, family-feeling neighborhood gathering place where customers can relax, enjoy themselves, meet friends and neighbors, and feel a genuine sense of community. The inviting interior, entertainment areas, comfortable seating, outdoor gathering space and neighborhood character all work together to create a place where people don't simply stop in - they feel at home. HIGH-VISIBILITY ROUTE 17 LOCATION The property benefits from prominent exposure along Illinois Route 17 with approximately 6,450 vehicles per day, based on the 2025 IDOT Annual Average Daily Traffic (AADT) count for the roadway segment serving the property. The location is also approximately 4 miles east of the I-57 Kankakee interchange, providing convenient access to Kankakee and surrounding communities. ESTABLISHED HOSPITALITY SPACE The main two-story building contains approximately 3,024 square feet on approximately 0.40 acre and features an established bar/tavern/lounge configuration with seating for approximately 41-50 guests. The commercial area features a functional kitchen and food-preparation space, bar and service areas, multiple televisions, seating and entertainment areas, giving a future owner an existing hospitality layout to build upon. A gaming/entertainment area is currently present within the establishment. Any gaming equipment, licenses, business assets or related rights included in a sale would be subject to verification and the final purchase agreement. AMAZING OUTDOOR ENTERTAINMENT SPACE One of the property's standout features is the large backyard entertainment and gathering area. The outdoor space includes a beer garden, stage/entertainment area, porch, rear deck and fenced gathering area, creating excellent possibilities for seasonal gatherings, private events, celebrations, live entertainment and other permitted activities.
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Additional Information
- Corporate Limits
- Kankakee
- Tax Year
- 2025
- Lot Dimensions
- 123.45x140
- Air Conditioning
- Central Air
Mortgage Calculator
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