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.
Details
MLS #
12728395
Listing Type
For Sale
Style
Bus / Bus W/real Est
Sub-Type
Resale
Status
Active
Days On Site
8
Listing Provided By
Z Realty Group | Zaneta Sanders
Features
SQ Feet
4,200
Story(s)
2
Zoning
COMMR
Acreage
0.14
Interior
Cooling
Central Air
Taxes
Tax Year
2025
Tax Annual Amount
4427
Area Information
State
IL
County
Kankakee
City
Kankakee
Zip Code
60901
Area
Kankakee
Listing VS Median (in 60901)
Price: $425,000
low | high
Med: $179,999
100% of Average
sqft: 4,200
low | high
Med: 840
100% of Average
$ / sqft: $101
low | high
Med: $214
61.763529411765% of Average
On site: 8
low | high
Med: 21
38.095238095238% of Average
Sourced by Back At You
Market Activity 60901
Date
Sales
Avg $ Per SqFt
Min Sale Price
Max Sale Price
Med Sale Price
Date: Jul 2026
Sales: 6
Avg $ Per SqFt: $176.89
Min Sale Price: $115,000
Max Sale Price: $335,000
Med Sale Price: $231,000
Date: Jun 2026
Sales: 12
Avg $ Per SqFt: $157.86
Min Sale Price: $155,000
Max Sale Price: $449,000
Med Sale Price: $237,450
Date: May 2026
Sales: 16
Avg $ Per SqFt: $134.9
Min Sale Price: $56,000
Max Sale Price: $393,625
Med Sale Price: $187,450
Date: Apr 2026
Sales: 19
Avg $ Per SqFt: $145.89
Min Sale Price: $40,000
Max Sale Price: $730,000
Med Sale Price: $185,000
Date: Mar 2026
Sales: 22
Avg $ Per SqFt: $125.08
Min Sale Price: $30,000
Max Sale Price: $2,100,000
Med Sale Price: $160,500
Date: Feb 2026
Sales: 18
Avg $ Per SqFt: $118.76
Min Sale Price: $42,000
Max Sale Price: $565,500
Med Sale Price: $169,000
Date: Jan 2026
Sales: 26
Avg $ Per SqFt: $134.23
Min Sale Price: $45,000
Max Sale Price: $447,000
Med Sale Price: $157,450
Date: Dec 2025
Sales: 19
Avg $ Per SqFt: $121.21
Min Sale Price: $31,000
Max Sale Price: $265,000
Med Sale Price: $165,000
Date: Nov 2025
Sales: 22
Avg $ Per SqFt: $112.13
Min Sale Price: $48,200
Max Sale Price: $580,000
Med Sale Price: $158,500
Date: Oct 2025
Sales: 31
Avg $ Per SqFt: $113.11
Min Sale Price: $47,500
Max Sale Price: $430,000
Med Sale Price: $151,000
Date: Sep 2025
Sales: 34
Avg $ Per SqFt: $121.83
Min Sale Price: $46,000
Max Sale Price: $592,000
Med Sale Price: $172,275
Date: Aug 2025
Sales: 32
Avg $ Per SqFt: $128.74
Min Sale Price: $70,000
Max Sale Price: $1,150,000
Med Sale Price: $195,000
Sourced by Back At You
Jul 2026
Sales:
6
Avg $ Per SqFt:
$176.89
Min Sale Price:
$115,000
Max Sale Price:
$335,000
Med Sale Price:
$231,000
Jun 2026
Sales:
12
Avg $ Per SqFt:
$157.86
Min Sale Price:
$155,000
Max Sale Price:
$449,000
Med Sale Price:
$237,450
May 2026
Sales:
16
Avg $ Per SqFt:
$134.9
Min Sale Price:
$56,000
Max Sale Price:
$393,625
Med Sale Price:
$187,450
Apr 2026
Sales:
19
Avg $ Per SqFt:
$145.89
Min Sale Price:
$40,000
Max Sale Price:
$730,000
Med Sale Price:
$185,000
Mar 2026
Sales:
22
Avg $ Per SqFt:
$125.08
Min Sale Price:
$30,000
Max Sale Price:
$2,100,000
Med Sale Price:
$160,500
Feb 2026
Sales:
18
Avg $ Per SqFt:
$118.76
Min Sale Price:
$42,000
Max Sale Price:
$565,500
Med Sale Price:
$169,000
Jan 2026
Sales:
26
Avg $ Per SqFt:
$134.23
Min Sale Price:
$45,000
Max Sale Price:
$447,000
Med Sale Price:
$157,450
Dec 2025
Sales:
19
Avg $ Per SqFt:
$121.21
Min Sale Price:
$31,000
Max Sale Price:
$265,000
Med Sale Price:
$165,000
Nov 2025
Sales:
22
Avg $ Per SqFt:
$112.13
Min Sale Price:
$48,200
Max Sale Price:
$580,000
Med Sale Price:
$158,500
Oct 2025
Sales:
31
Avg $ Per SqFt:
$113.11
Min Sale Price:
$47,500
Max Sale Price:
$430,000
Med Sale Price:
$151,000
Sep 2025
Sales:
34
Avg $ Per SqFt:
$121.83
Min Sale Price:
$46,000
Max Sale Price:
$592,000
Med Sale Price:
$172,275
Aug 2025
Sales:
32
Avg $ Per SqFt:
$128.74
Min Sale Price:
$70,000
Max Sale Price:
$1,150,000
Med Sale Price:
$195,000
MLS Number: 12728395
Zaneta Sanders – (815) 304-5384
Z Realty Group – (815) 304-5384
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