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    Lincoln, IL
    Bar & Pub

    Lincoln, IL Bars & Pubs for Sale

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    Restaurant and Bar with Event Space
    Updated: Aug 12
    Restaurant and Bar with Event Space

    1230 5TH Street, Lincoln, IL 62656

    $190,000
    0.33 AC lot
    4,876 sq ft main level with two bars and a large commercial kitchen
    2,643 sq ft unfinished basement for storage
    Outdoor beer garden with gazebo and pond
    0.33‑acre property at 1230 5th Street, Lincoln, IL 62656
    Commercial zoning with restaurant and event capabilities
    View details
    Restaurant and Bar with Event Space
    Updated: Aug 25
    Restaurant and Bar with Event Space

    1230 5th Street, Lincoln, IL 62656

    $190,000
    4,876‑square‑foot main level with two bars and a large commercial kitchen
    2,643‑square‑foot unfinished basement for storage
    Outdoor beer garden with gazebo and pond
    Interior areas support dining, entertainment, and banquet functions
    Commercial zoning
    View details
    Two-Story Bar and Pub
    Two-Story Bar and Pub

    415 Pulaski Street, Lincoln, IL 62656

    Contact for pricing

    Commercially zoned hospitality property with a basement, second floor, furnishings, equipment, and inventory included.

    View details
    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 3 Active listings in Lincoln, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 2 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.

    Multi-Story Retail and Office Building
    Multi-Story Retail and Office Building

    217 W JEFFERSON ST, Bloomington, IL 61701

    Contact for pricing
    20,240 sqft

    First floor is leased to an arcade bar, with additional space available on the second floor and other floors leased.

    View details
    Equipped Restaurant with Bar
    Equipped Restaurant with Bar

    301 W N Grand Avenue, Springfield, IL 62702

    $429,900

    Established restaurant infrastructure includes dining, bar, kitchen, equipment, fixtures, and parking within a flexible commercial layout.

    View details
    Downtown Bloomington Sports Bar
    Downtown Bloomington Sports Bar

    102 W Washington St, Bloomington, IL 61701

    Contact for pricing

    Established sports bar with full kitchen and gaming area.

    View details
    Historic Springfield Mixed-Use Building
    Historic Springfield Mixed-Use Building

    206 S 6th St, Springfield, IL 62701

    Contact for pricing
    21,360 sqft

    Three-story office and retail building in downtown Springfield.

    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 AC lot

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

    View details
    Restaurant and Adjacent Lot
    Restaurant and Adjacent Lot

    951 Durkin Drive, Springfield, IL 62704

    $425,000

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

    View details

    Lincoln, IL Bars & Pubs Market Trends and Statistics

    Explore 3 bars & pubs for sale in Lincoln, IL, showcased through 3 active listings on our real estate platform.

    Sale prices for pubs in Lincoln, IL average $190,000 — 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 3
    Commercial kitchens 3
    Conventional restaurants 3

    Demographics Overview

    Population 18K
    Population Growth (5Y) -6.0%
    Median Household Income $59,129
    College Educated 25.1%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    62656 $190K

    Taxes & Financing

    Tax Rate (average for all types) 8.36%
    Property Tax per SF $6.81 per SF
    Tax Rate vs County Average 0.46 pp above county avg
    Average Loan-to-Value 65.0%

    Property Size Breakdown

    The majority of commercial real estate listings in Lincoln fall within the 10,000 to 25,000 square foot range.

    How Realmo verifies these figures

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