US Dept of the Treasury Seized Real Property Banner
Commercial Property
Seized Real Property in conjunction with IRS-CI
500-504 S. Washington Avenue, Kankakee, Illinois 60901
500-504 S. Washington Avenue, Kankakee, Illinois 60901
Auction: Thursday, May 11, 2017
Registration Starts: 2:00 p.m
Auction Starts: 2:30 p.m.
Auction Location: Held at the property
Open House Dates: Sunday, April 30 and May 7, 2:00-5:00pm
Deposit: $5,000 Cashier's check made payable to CWS Marketing Group, Inc
Opening/Starting Bid: Will be established at the auction
Minimum/Reserve Bid: For details, please click here

Cashier's checks made payable to bidder's name CANNOT be accepted

Utilities: Electricity, Gas, Water, Sewer
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Parcel No: 16-17-05-118-014
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2015/16 County Taxes: $10,754.84 ±
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Year Built: 1980
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Zoning: C-2/Servive Commercial Zoning District
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Improved Area: 4,239 ± sq. ft.
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Site Area: 31,124 ± sq. ft.
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County: Kankakee
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Sale Number: 17-66-901
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COMMERCIAL PROPERTY Per the stated Terms of Sale, this property is sold AS IS WHERE IS WITH ALL FAULTS. Commercial property that is currently leased as Paul’s Place Restaurant and Tavern. The restaurant has seating for 100+, a bar area, 2 restrooms, full service kitchen, storage coolers, and a side patio/beer garden. The property has onsite parking for 25+ cars and approx. 199 feet of frontage along S. Washington Avenue.
Note: The building is currently leased for $2,250 a month. Business fixtures/equipment do not convey. Click here to view the lease pdf icon.

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