Bar & Pub

Altamont, IL Bars & Pubs for Sale

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St Elmo, IL Effingham, IL Beecher City, IL Brownstown, IL Farina, IL Cowden, IL Mode, IL Saint Peter, IL
Bar & Grill with Covered Patios
Updated: Oct 14
Bar & Grill with Covered Patios

483 E Us Highway 40, Altamont, IL 62411

$415,000
1.00 AC lot
Operating bar and grill on a 1‑acre parcel
Built in 2015 with nearly 4000sqft
Over 350ft of road frontage on Rt 40
Over 3000 vehicles per day pass by
Kitchen, seating, gaming room, and entertainment areas
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Bar and Grill Restaurant
Updated: Jul 1
Bar and Grill Restaurant

112 W Adams Avenue, Altamont, IL 62411

$579,000
Brick bar & grill with a 2‑story layout and central air cooling
Upstairs apartment is currently rented and provides additional income/living space
Private room available for events including parties and reunions
Roof recently renovated; most kitchen appliances replaced within the last five years
Public utilities: public water, public sewer, and 200+ amp electric service
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Altamont, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Brick Bar & Pub Building
Brick Bar & Pub Building

117 & 121 N Cross St, Robinson, IL 62454

$299,000
10,000 sqft 0.13 AC lot

Established bar and pub business with transferable state, local, and gaming licenses.

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Bar and Pub with Patio
Bar and Pub with Patio

102 Park, Pocahontas, IL 62275

$220,000
0.32 AC lot

Operating property includes gaming space, outdoor seating, storage, and a separate auxiliary building.

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Bar & Pub Commercial Building
Bar & Pub Commercial Building

584 Il Route 143, Pocahontas, IL 62275

$165,000

Commercial building with driveway parking and public water service.

View details
Mixed-Use Property with RV Park
Mixed-Use Property with RV Park

9274 E 1050th Ave, Robinson, IL 62454

Contact for pricing
6,500 sqft

State-certified RV facilities accompany a commercial building with liquor, bar and grill, and video gaming operations.

View details

Altamont, IL Bars & Pubs Market Trends and Statistics

Explore 2 bars & pubs for sale in Altamont, IL on our real estate platform.

Sale prices for pubs in Altamont, IL start at $415,000, averaging $497,000, and reaching up to $579,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Bars & Pubs 2
Conventional restaurants 2

Demographics Overview

Population 4,322
Population Growth (5Y) +4.5%
Median Household Income $75,932
College Educated 25.0%

High-Yield Neighborhoods for Investment

Identify Altamont submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
62411 $619K

Taxes & Financing

Tax Rate (average for all types) 6.47%
Property Tax per SF $97.52 per SF
Average Loan-to-Value 65.0%

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