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    Bar & Pub with Patio and Gaming
    Updated: May 7
    Bar & Pub with Patio and Gaming

    204 E Wyatt Street, Franklin, IL 62638

    $195,000
    Approximately 3,120 SF bar and restaurant building with dedicated party room
    Outdoor beer garden/patio space with wiring for live music
    Gaming area with 6 machines
    WiFi and fiber optic internet for reliable connectivity
    Natural gas heating and central air cooling
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Franklin, 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.

    Restaurant Building with Bar
    Restaurant Building with Bar

    3941 Pintail Drive, Springfield, IL 62711

    $629,000
    5,200 sqft

    B-1 zoning, front and side parking, and updated building systems support restaurant reuse.

    View details
    3-Bay Former Golf Simulation Bar
    3-Bay Former Golf Simulation Bar

    3941 PINTAIL Drive, Springfield, IL 62711

    $629,000
    0.51 AC lot

    B-1 zoned former golf simulation bar with central air, new asphalt roof, and front/side parking.

    View details
    Restaurant with Outdoor Bar and Beer Garden
    Restaurant with Outdoor Bar and Beer Garden

    133 S 2ND Street, Girard, IL 62640

    $350,000
    0.28 AC lot

    Brick restaurant with central air and forced-air heating, offering bar and gaming plus an outdoor beer garden.

    View details
    Profitable Restaurant & Bar on Route 66
    Profitable Restaurant & Bar on Route 66

    133 S 2ND Street, Girard, IL 62640

    Contact for pricing

    Established restaurant and bar with multiple revenue streams and gaming.

    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.

    Restaurant with Bar, Lounge and Stage
    Restaurant with Bar, Lounge and Stage

    951 Durkin Drive, Springfield, IL 62704

    $425,000

    Restaurant property with formal dining, bar and lounge seating, a stage for live music, and central air under S2 zoning.

    View details
    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.

    View details
    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.

    View details
    Golf Course Frontage Lot
    Golf Course Frontage Lot

    1711-12 Golf Course Boulevard, Independence, IA 50644

    $60,000
    1.09 AC lot

    1.09 acre lot in River Ridge Development, Independence, Iowa.

    View details

    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%

    Listings Trend

    New vs delisted commercial listings in Morgan County

    New Delisted

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