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Property Description
Bring your business to one of Downtown Kankakee's most prominent locations. This historic commercial building offers flexible space, exceptional visibility, unique architectural character, and outstanding potential for a wide variety of uses. Located along the busiest section of Schuyler Avenue, the property benefits from year-round downtown activity, including the Farmers Market, antique car shows, festivals, and other community events. The rear of the building opens directly onto Miner Festival Square, home of the popular Merchant Street Music Festival and numerous public events throughout the year. PROPERTY HIGHLIGHTS * Approximately 3,600 to 11,000 SF available, with the ability to divide the space to accommodate a variety of business sizes and concepts. * Approximately 7,000 additional SF of basement space offers excellent potential for storage, operations, or other supporting uses. * Flexible zoning and build-out possibilities may accommodate restaurant, retail, office, entertainment, hospitality, and other commercial uses. * Build-to-suit options available, allowing the space to be customized around the needs of your business. Rental terms will vary depending on improvements, build-out requirements, and lease structure. * Excellent opportunity for a restaurant or food-service concept, including the potential to incorporate a commercial kitchen. * Impressive 15-foot ceilings provide an open, spacious environment with significant design flexibility. * Two three-phase electrical services provide substantial electrical capacity for a wide range of commercial operations. * The historic Schuyler Avenue facade contains eight large original window openings currently concealed beneath the stucco, creating an exciting opportunity to restore the building's historic storefront character. * A separate rear storefront entrance facing Miner Festival Square can also be redesigned and customized to complement your business. * Large walk-out rooftop area overlooking Downtown Kankakee offers exceptional possibilities for outdoor dining, entertainment, events, or gathering space. * Convenient access to ample public parking. This is more than commercial space-it is an opportunity to create a destination in the heart of Downtown Kankakee. Call today to schedule a walkthrough and explore how this historic building can be transformed to fit your business.
Full Property Details
Full Property Details for 155 S Schuyler Ave
General
- Price: $12
- Taxes: (2025)
- Status: Active
- Type: Commercial Lease
- Source: MRED
- MLS ID: 12754519
Additional Information
- Security/Safety: Other
Location
- Area: Kankakee
- County: Kankakee
- Driving Directions: Courts Street to Schuyler Ave. South to Building
- Location Details: Out of Area
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air
Structural Information
- Stories/Levels: 2
- # of Stores: 2
- Year Built: 1894
- Built Before 1978: Yes
Lot Features
- Lot Size (Sq. Ft.): 7,105
- Lot Dimensions: 49 x 145
Financial Considerations
- Lease Price: $12
- For Sale/Rent/Lease: For Rent Only
- Security Deposit: Other
- Assessment Year: 1894
- Tax Year: 2025
- Tenant Pays: Varies by Tenant
Listed by HB Real Estate LLC
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Schools
Schools serving 155 S Schuyler Ave
School District:Kankakee School District 111
| Name | Grades | Distance |
|---|---|---|
Steuben Elementary School 520 South Wildwood Avenue, Kankakee, IL 60901 | K-3 | 0.7 mi |
John Kennedy Middle Grade School 1550 West Calista Street, Kankakee, IL 60901 | 3-6 | 1.2 mi |
Kankakee Junior High School 2250 East Crestwood Street, Kankakee, IL 60901 | 7-8 | 1.7 mi |
Kankakee High School 1200 West Jeffery Street, Kankakee, IL 60901 | 9-12 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Estimate the Cost
Estimate the Cost for 155 S Schuyler Ave
155 S Schuyler Avenue, Kankakee, IL 60901 (MLS# 12754519) is a Commercial Lease property. 155 S Schuyler Avenue is currently listed for $12 and was received on September 30, 2026. Want to learn more about 155 S Schuyler Avenue? Do you have questions about finding other Commercial Lease real estate for sale in Kankakee? You can browse all Kankakee real estate or contact a Coldwell Banker agent to request more information.

