Bar & Pub

Danville, IL Bars & Pubs for Sale

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Tilton, IL Westville, IL Georgetown, IL Alvin, IL Perrysville, IN Cayuga, IN Williamsport, IN Covington, IN
Established Bar & Grill Opportunity
Updated: Dec 13, 2023
Established Bar & Grill Opportunity

3124 Perrysville Road, Danville, IL 61834

$599,900
0.50 AC lot
Established bar & grill business opportunity.
Includes over 100 seats.
Equipped with essential equipment: 3 chest freezers, ice machine, 2 walk‑in coolers.
New HVAC (2022).
New roof (2023).
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Bar and Grill with Equipment
Updated: Dec 13, 2023
Bar and Grill with Equipment

3124 Perrysville Road, Danville, IL 61834

$599,900
Established bar & grill with over 100 seats, plus chest freezers, ice machine, and walk‑in coolers
New HVAC installed in 2022
Roof replaced in 2023
Includes 2 walk‑in coolers and 3 chest freezers
2‑car detached garage on‑site
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Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Danville, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Bar and Two Apartments Property
Bar and Two Apartments Property

124 East McConnell Street, Oxford, IN 47971

$249,000
4,800 sqft

Two adjoining commercial buildings with an operating bar, a leased upstairs apartment, and an additional leased studio building.

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Remodeled Bar & Karaoke Venue
Remodeled Bar & Karaoke Venue

214 W Main St, Urbana, IL

Contact for pricing
8,800 sqft 0.11 AC lot

Turnkey bar and karaoke venue with leaseback opportunity.

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Turn-Key Restaurant and Bar
Turn-Key Restaurant and Bar

1309 East Washington Street, Urbana, IL 61802

Contact for pricing
4,923 sqft

Turn-key restaurant and bar available for sale in Urbana, IL.

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Mixed-Use Downtown Bar and Dining
Mixed-Use Downtown Bar and Dining

126 E MCCONNELL ST, Oxford, IN 47971

Contact for pricing
4,040 sqft

Two adjoining commercial buildings include a bar and restaurant, commercial kitchen, patio, and two apartments.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Dwight Commercial Development Opportunity
Dwight Commercial Development Opportunity

900 N Union Street, Dwight, IL 60420

$1,200,000
5.50 AC lot

Restaurant, bar, and commercial land for sale in Dwight, IL.

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Commercial Corner Development Site
Commercial Corner Development Site

700 W JEFFERSON Street, Springfield, IL 62702

$175,000
0.59 AC lot

Corner lot on West Jefferson and Walnut Streets with utilities onsite and two access points.

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Restaurant and Bar Property
Restaurant and Bar Property

951 Durkin Drive, Springfield, IL 62704

$475,000

Restaurant property with formal dining, bar and lounge seating, plus an adjacent lot and parking.

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Commercial Land in Itasca, IL
Commercial Land in Itasca, IL

100 S Walnut Street, Itasca, IL 60143

Contact for pricing
0.17 AC lot

Commercial land available for sale in Itasca, Illinois.

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Danville, IL Bars & Pubs Market Trends and Statistics

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

Sale prices for pubs in Danville, IL average $599,900 — 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

Demographics Overview

Population 42K
Population Growth (5Y) -11.4%
Median Household Income $52,334
College Educated 20.4%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
61834 $599.9K

Taxes & Financing

Tax Rate (average for all types) 9.28%
Tax Rate vs County Average 0.11 pp above county avg
Average Loan-to-Value 65.0%

Property Size Breakdown

The majority of commercial real estate listings in Danville fall within the 50,000 to 100,000 square foot range.

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