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$425,000 Just Listed
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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.
Full Property Details
Full Property Details for 5986 E State Route 17 Hwy
General
- Price: $425,000
- Taxes: $4,427 (2025)
- Status: Active
- Type: Business
- Source: MRED
- MLS ID: 12728395
- Updated: 8/17/2026
- Added to Site: 1 day(s) ago
Business
- Business Type: Bar/Tavern/Lounge
- Years in Business: 1 to 3 Yea
- Seating Capacity: 41 to 50
Location
- Area: Kankakee
- County: Kankakee
- Driving Directions: Rt 17 east to property
- Location Details: Not in City Limits
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Gas
Structural Information
- Stories/Levels: 2
- Square Feet: 4,200
Lot Features
- Lot Size (Sq. Ft.): 16,858
- Lot Size Range: .25 to .49 Acre
- Lot Dimensions: 123.45 x 140
- Potential Use: Liquor License
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Tax Amount: $4,427
- Tax Year: 2025
Disclosures and Reports
- Documents Avail.: Tenant Lease(s)
- Property ID: 121806203032
Listed by Z Realty Group
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Schools
Schools serving 5986 E State Route 17 Hwy
School District:Kankakee School District 111
| Name | Grades | Distance |
|---|---|---|
Kankakee Junior High School 2250 East Crestwood Street, Kankakee, IL 60901 | 7-8 | 4.1 mi |
Kankakee High School 1200 West Jeffery Street, Kankakee, IL 60901 | 9-12 | 7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5986 E State Route 17 Hwy
Date
Details
Price
Change
Source
8/17/2026
Listed
$425,000
123.68%
MLS
7/12/2023
Sold
$190,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5986 E State Route 17 Hwy
Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,677
-5%
$57,859
—
2023
$4,909
-6%
$57,859
—
2022
$5,213
-3%
$57,859
—
2021
$5,385
-4%
$57,859
—
2020
$5,616
-2%
$57,859
—
2019
$5,733
-2%
$57,859
—
2018
$5,872
—
$57,859
—
2017
$5,853
1%
$57,859
—
2016
$5,806
3%
$57,859
—
2015
$5,615
—
$57,859
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5986 E State Route 17 Hwy
5986 E State Route 17 Highway, Kankakee, IL 60901 (MLS# 12728395) is a Business property. 5986 E State Route 17 Highway is currently listed for $425,000 and was received on August 17, 2026. Want to learn more about 5986 E State Route 17 Highway? Do you have questions about finding other Business real estate for sale in Kankakee? You can browse all Kankakee real estate or contact a Coldwell Banker agent to request more information.

