Bar & Pub

Altamont, IL Bars & Pubs for Sale

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St Elmo, IL Effingham, IL Beecher City, IL Shumway, IL Brownstown, IL Farina, IL Cowden, IL Saint Peter, IL
Bar and Grill Restaurant
Updated: Jul 1
Bar and Grill Restaurant

112 W Adams Avenue, Altamont, IL 62411

$639,000
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 5 Potential Opportunities for your consideration. Besides 1 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 Restaurant Building
Brick Restaurant Building

137 S Main St, Clay City, IL 62824

Contact for pricing
2,500 sqft

Commercial building with restaurant and pub history along the main commercial strip.

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Two-Story Mixed-Use Bar Property
Two-Story Mixed-Use Bar Property

501 Sarpy Street, Morrisonville, IL 62546

$375,000
0.80 AC lot

Brick commercial building combining an operating bar and entertainment venue with an upstairs apartment and outdoor gathering space.

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Two-Story Mixed-Use Property
Two-Story Mixed-Use Property

501 Sarpy Street, Morrisonville, IL 62546

$375,000

Bar and entertainment space occupies the main level, with a three-bedroom apartment upstairs.

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Storefront Building with Restaurant History
Storefront Building with Restaurant History

137 S Main Street, Clay City, IL 62824

Contact for pricing
0.06 AC lot

Solid masonry commercial building on Clay City’s main commercial strip, offered for exterior viewing only.

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Altamont, IL Bars & Pubs Market Trends and Statistics

Explore 1 bars & pubs for sale in Altamont, IL on our real estate platform.

Sale prices for pubs in Altamont, IL average $639,000 — 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 1
Conventional restaurants 1

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 $659K

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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