Bar & Pub

Franklin, IL Bars & Pubs for Sale

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Waverly, IL New Berlin, IL Jacksonville, IL Palmyra, IL Auburn, IL Chatham, IL Virden, IL Thayer, IL
Restaurant with Beer Garden
Updated: May 7
Restaurant with Beer Garden

204 E Wyatt Street, Franklin, IL 62638

$195,000
Approximately 3,120 square feet of restaurant and bar space
6‑machine gaming area; owner licensing required
Dedicated party room for private gatherings
Outdoor beer garden and patio
Outdoor space wired for live music
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1 active listing matches your search: Bar for sale in Franklin, IL. Based on your search, we've also compiled 5 Potential Opportunities for your consideration: 4 properties in nearby cities and 1 land listing with development potential.

Opportunities in Nearby Cities

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

Bar Property with Beer Garden
Bar Property with Beer Garden

400 W JEFFERSON ST, Auburn, IL 62615

Contact for pricing

Renovated bar property with a second-floor apartment, updated HVAC, and connected outdoor beer garden.

Beer garden  Video gaming
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Restaurant and Adjacent Lot
Restaurant and Adjacent Lot

951 Durkin Drive, Springfield, IL 62704

$425,000
Business included  Built 1975  1 building

Established restaurant property with dining, bar, lounge, stage, and additional land for future use.

View details
Bar and Tavern
Bar and Tavern

323 W MADISON Street #321 - 327, Auburn, IL 62615

Contact for pricing
Business included

Recent improvements and acquired items are included in the sale.

View details
Restaurant Building with Gaming Room
Restaurant Building with Gaming Room

1577 W WABASH Avenue, Springfield, IL 62704

$450,000
Renovated 2007

Rebuilt commercial property with dining areas, bar service, offices, and flexible retail or restaurant use.

View details

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.

Corner Commercial Land Parcel
Corner Commercial Land Parcel

700 W JEFFERSON Street, Springfield, IL 62702

$175,000
0.59 acres  B1
23,000 VPD  Road access

B1-zoned corner parcel with street access, utility availability, and established commercial redevelopment potential.

Utilities to site
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Franklin, IL Bars & Pubs Market Trends and Statistics

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

Sale prices for pubs in Franklin, IL average $195,000 — 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 1,326
Population Growth (5Y) -2.8%
Median Household Income $80,395
College Educated 20.5%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
62638 $195K

Taxes & Financing

Tax Rate (average for all types) 6.17%
Property Tax per SF $44.85 per SF
Average Loan-to-Value 65.0%

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