Bar & Pub

Lincoln, IL Bars & Pubs for Sale

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Restaurant and Bar with Beer Garden
Updated: Feb 10
Restaurant and Bar with Beer Garden

1230 5TH Street, Lincoln, IL 62656

$199,900
0.33 AC lot
4,876 SF main level restaurant and bar with two bars and a large commercial kitchen
Basement includes 2,643 SF unfinished storage for inventory or future expansion
Outdoor beer garden with gazebo and a pond
Event capabilities and space for dining, entertainment, or banquets
Heating: natural gas forced air; cooling: central air
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Turn-Key Bar in Lincoln, IL
Updated: Sep 17, 2024
Turn-Key Bar in Lincoln, IL

401 Limit Street, Lincoln, IL 62656

$250,000
Turn‑key, thriving bar business opportunity.
Prime location with loyal customer base.
Party room ideal for private events and gatherings.
Fully equipped wet and dry bar set‑up.
Vibrant outdoor area for socializing.
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Turn-Key Bar in Lincoln, IL
Turn-Key Bar in Lincoln, IL

401 Limit Street, Lincoln, IL 62656

$250,000
2,220 sqft

Thriving bar with party room and outdoor area for sale.

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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 11 Potential Opportunities for your consideration. Besides 3 Active listings in Lincoln, 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 & Entertainment Venue
Restaurant & Entertainment Venue

517 S 4TH Street, Springfield, IL 62701

$699,000
9,000 sqft

Turnkey restaurant with commercial kitchen hoods, bar lounge, and patio, plus private 125-person lower-level room.

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Decatur Bar and Billiards Venue
Decatur Bar and Billiards Venue

858 W Green St, Decatur, IL 62522

$199,900
3,000 sqft

Established bar and billiards venue with a loyal customer base.

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Fully Equipped Restaurant and Bar
Fully Equipped Restaurant and Bar

301 W N Grand Avenue, Springfield, IL 62702

$469,900

Restaurant and bar space with open dining, bar area, and a fully outfitted kitchen, including pizza ovens and walk-ins.

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Drive-Up Bar and Restaurant
Drive-Up Bar and Restaurant

3775 N Woodford St, Decatur, IL 62526

Contact for pricing

Remodeled bar/restaurant building with drive-up window, improved HVAC, new tankless water heater, and 42-space parking lot.

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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.

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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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 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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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. These investment opportunities span a total of 2,220 square feet of properties for sale, with an estimated market value of $250,000.

Sale prices for pubs in Lincoln, IL start at $250,000, averaging $250,000, and reaching up to $250,000 — 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 5
Commercial kitchens 1
Conventional restaurants 1

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 $237.5K

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.

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