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Listing provided courtesy of Berkshire Hathaway HomeServices Speckman RealtyMREDas Distributed by MLSGrid- MLS# 12128060MLS Provider

141 S Chestnut StreetChebanse, IL 60922

Commercial
$120,000 Active

141 S Chestnut Street Overview

Time on Site:
696 days
Visits:
99

Don't miss out on this incredible opportunity to acquire a one-of-a-kind bar and restaurant venue in a prime, well-known location. The 1500 ft.2 property, situated in the heart of town, underwent a recent remodel and features gaming, offering promising financial prospects. This restaurant boasts a rich history, a bar, and ample seating. It's fully equipped and ready to roll. Small town business at its best!

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141 S Chestnut Street Facts & Features

  • Type Commercial

Details

General

Income/Expenses

  • Other Expense: 1
  • Electric Expense: 1
  • Fuel Expense: 1
  • Gross Income: 1
  • Gross Scheduled Income: 1
  • Insurance Expense: 1
  • Trash Expense: 1
  • Water Sewer Expense: 1

Building Information

  • Year Built: 1959

Location/Region

  • County Or Parish: Kankakee
  • MLS Area Major: Chebanse
  • Township: Chebanse

Rent/Lease Information

  • Tenant Pays: All Utilities

Tax Information

  • Tax Annual Amount: $1,470.00
  • Tax Year: 2023

General Information

  • Parcel Number: 03142260080000
  • Property Sub Type: Mixed Use
  • Property Type: Commercial Sale

Interior

Building Information

  • Retail SqFt.: 1456

General Information

  • Cooling: Central Air, Exhaust Fan
  • Electric: Service - 101 to 200 Amps
  • Stories: 1

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Dimensions: 28 X110
  • Lot Size Square Feet: 3080

General Information

  • Number Of Units Total: 1

141 S Chestnut Street Neighborhood

Community

60922 (Chebanse) Demographics

35
Median Age
48
Population Density (per sq. mile)
34%
College Educated
$67,593
Estimated Median Income
717
Estimated Total Home Owners
265
Estimated Total Renters
73% / 27%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

141 S Chestnut Street Monthly Cost

$
$ %
%
$
$
Jim Luxem Jr
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

141 S Chestnut Street Market Data

Based on the last 30 days in this zip code

$229,963
Average List Price
$155
Average Price per Square Foot
1
Properties Sold
91
Average Days on Market
3
Properties for Sale
Calculations provided by Reliance Network

141 S Chestnut Street History

Date Event Value Agent
4/5/2026Source: MRED Status Change
Active
3/31/2026Source: MRED Price Reduction
$120,000 -17.2%
3/31/2026Source: MRED Status Change
Price Change
7/31/2025Source: MRED Status Change
Price Change
7/31/2025Source: MRED Price Reduction
$145,000 -12.1%
7/31/2025Source: MRED Status Change
Active
9/28/2024Source: MRED Status Change
Active
9/23/2024Source: MRED Price Reduction
$164,900 -2.9%
9/23/2024Source: MRED Status Change
Price Change
8/7/2024Source: MRED Status Change
Active
8/2/2024Source: MRED Added to Database
August 02, 2024